When you decide to sell your home you know you have to pay commissions to your realtor and the one representing the purchaser. Have you thought about the other expenses involved with selling? When interviewing realtors, make sure you ask them to prepare a Seller’s Estimated Net Proceeds sheet for you. You will be paying fees to the settlement company handling the sale and you will owe transfer taxes to the county and the state. If you live in a homeowner’s association you will need to purchase a resale disclosure package to provide to the buyer. You may be paying for a termite inspection or possibly assisting with the purchaser’s closing costs. Are you using your proceeds to purchase a new house? You will need an accurate estimate so you don’t come up short. No one likes surprises at the settlement table so talk about this early in the process. When you are ready to sell your Western Prince William County home, The Bill Denny Group will be sure you are fully prepared. Call us anytime, we are always here to help and educate you along the way!
Settlement fees – $900-$1100
Transfer Taxes – $2.50/$1000 of your sales price
Termite Inspection – $45-$65
Resale Disclosure Package – $325-$500
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