This is a very basic tally of expenses to think about when attempting to calculate what your actual proceeds will be at the close of escrow. As my client, you will get a far more extensive estimate at several stages in the escrow process and as charges change with the circumstances.
To find out how much money you’ll net from
your house, add up your closing costs and subtract them from the sale
price of the house.
Closing Costs for Sellers
Mortgage payoff and outstanding interest.
Prorations for real estate taxes.
Prorations for utility bills, condo dues, and other items paid in arrears.
Closing fees charged by closing specialist.
Title policy fees.
Home inspections.
Attorney’s fees.
Survey charge.
Transfer tax or other government registration fees.
