Seller Closing Costs

People often overlook the scope of Closing Costs until the end of their transaction. For Sellers, Closing Costs generally may range up to sometimes more than over 10% of the sales price. As such, there is a great range and in full knowledge must be had of one’s Closing Costs. As such, the following guide is meant to provide you with approximate costs associated with a sale transaction. To make well calculated steps throughout your selling process it will be helpful to use this guide as a reference. Please note, the amounts below are only estimates and there may be additional costs due to the specific properties being involved. Additionally, this list of cost, does not specifically deal with Capital Gains Taxes. Capital Gains Taxes are very different from real estate transactional taxes as these taxes do not necessarily require payment at the Closing itself. Capital Gains Taxes are generally paid subsequent to the Closing when you file your tax return for the particular year in question.

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