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JandJ1224
Member since 6/06 5911 total posts
Name:
Jannette
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Costs to a seller
What are the costs a seller incurs besides real esate fees?
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Posted 7/18/07 10:12 AM  |
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NJmom
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Member since 8/05 4987 total posts
Name:
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Re: Costs to a seller
There will definitely be attorney fees and also (at least here in NJ) there is a real estate transfer tax.
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| Posted 7/18/07 10:32 AM |
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pnm1654
Mommy to 2 boys!
Member since 5/05 4565 total posts
Name:
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Re: Costs to a seller
Transfer taxes--State and City ($2 for every $500 and 1.425% if the house is $500k or more; under $500k I think it's 1%)
If there's a mortgage, the title company will charge the seller to take the check from the closing and satisfy the mortgage; tip/fee to the title closer
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| Posted 7/18/07 11:11 AM |
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