Denise Tompkins - Sutton Professional Realty The Real estate professional here to help you! The FULL TIME real estate professional!

Closing cost guidlines for sellers


We often think about the closing costs for purchasing a home, and forget about the closing costs when selling a home.

The guidelines below will prepare you for your sale:

1.   Mortgage buy out penalty - cost is variable, so check with your current lender

                                            - due at time of closing

2.  Fuel Oil adjustments - ( if applicable) - anywhere from $400-$500 reimbursed by buyer to you at the time of closing.

3.  Legal Fees - variable upon lawyer - do not forget about the Migration if you have not done that process yet.

                     - due at time of closing

4.  Real Estate Fee - this would be your biggest expense - this varies depending on the listing agreement

                            - due at the time of closing, usually your lawyer will handle that for you.

 

Please Note:    Fees may vary for fuel costs, oil constantly changes - legal fees vary , Nova Scotia land migration will also vary and is necessary in order to sell your home. 

For more information on Land Migration contact your lawyer, or give me a call or email and I will explain so you will understand.      This price does vary anywhere form $700 to $1500.

The above information is just a guidline and should be researched by sellers prior to selling.    


The Real Estate Professional that is here to HELP you.


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