hUifzi4U3gMTAvp$

Don’t Forget These Home Seller Closing Costs

hUifzi4U3gMTAvp$

With the current seller’s market, along with high demand and low inventory, many homeowners are dabbling with the idea of putting their house up for sale.

But beware — if you’re ready to find an agent and list your home for sale, there are many hidden fees involved with selling a home that you will want to be prepared for ahead of time.

hUifzi4U3gMTAvp$

Here are a few fees for homeowners to watch out for as they prepare to close on a deal.

Agent Commission

The most significant cost that home sellers are responsible for is agent commission fees.

Transfer Tax

Once you officially transfer ownership of a home, the state, county, and/or city where the property is located will charge taxes and fees.

Title Insurance

A title insurance policy protects its owner from disputes about homeownership.

Escrow Costs

This impartial third party, aka the escrow company, charges a fee for their services in setting up escrow. 

Swipe up now to read the full post!