Seller's Estimated Closing Costs
Use this handy worksheet to estimate the closing costs on the sale of your home.*
| Sales Price.................................................. | $_____________________ |
| Title Insurance Policy♣.................................. | $_____________________ |
| Deed.......................................................... | $200 |
| Mortgage Balance......................................... | $_____________________ |
| Real Estate Taxes Prorated............................. | $_____________________ |
| Recording Fees ($30/ea).............................. | $_____________________ |
| Sales Commissions....................................... | $_____________________ |
| Special Assessments Search........................... | $75 |
| State Transfer Fee♦ ....................................... | $_____________________ |
| Gap Endorsement........................... | $125 |
| Total Selling Expenses .................................... | $_____________________ |
Estimated Net to Seller..................... |
$___________ |
*Please note this worksheet does not include the final water reading, prorated taxes, & special assessment payoffs, if any.
♣cost of the title insurance (through First American Title) available upon request.
♦A.K.A. "State Tax" or "Stamps for the deed". $3 per $1K of sales price (e.g. on a $410K sale it would be $3 x $410 = $1,230).
Need help? Contact a Lake & City Homes Realty representative for assistance.