Closing Costs Breakdown

Here are the costs that you can expect to pay at closing out of your proceeds.

In addition to compensation, you will want to budget approximately 3-4.5% of the sale price for other closing costs, some outlined below. Our attorney can put together a net sheet once you have a price in mind to give you a better estimate of these!

  • Commission: Varies!

  • Attorney Fee: $800-$1,000

  • Title Policy: $3,000

  • Title Fees: $400

  • Water Certification: $150

  • State Transfer Tax: $1.00 per $1,000

  • Municipal Transfer Tax: $3.00 per $1,000 (this varies based on municipality)

  • City Transfer Tax: $0.50 per $1,000 (this varies based on city)

  • Tax Proration: 105 – 110+% of last tax bill

  • Association Fees: $0 – $500

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