Sellers

Who Pays For What

A Seller’s Estimated Guide to Closing Costs

While some costs associated with the closing of your current home may be negotiable, Sellers can typically expect to pay for the following:

• Real Estate Commissions
• Document Preparation (For Deed)
• Any Loan Fees required by Buyer’s Lender
• Payoff of all loans in Seller’s name (Or existing loan charges and/or delinquencies)
• Any judgments, tax liens, performance liens, etc. against Seller
• Recording charges (To clear all documents of record against Seller and Homeowner’s Association)
• Interest accrued to Mortgage Holder (If applicable per Release Fees or Prepayment Penalties)
• Tax Proration Fees (For any taxes at time of transfer of title and tax certificates)
• Any unpaid Homeowner’s Association dues
• Any and all delinquent taxes
• ½ of Escrow Fees
• Owner’s Title Policy (Per contract)
• Termite Inspection and/or Treatment (Per contract)
• Home Warranty (Per contract)
• FedEx Charge (To return package to Lender)

Steps Before Closing...>