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Costs Associated with the Sale
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Deciding to Use a Broker

How to Time the Sale
Buy First Then Sell
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Buy & Sell Simultaneously

Getting the House Ready
Curb Appeal
Clutter Free
The Model Home
Home Protection Plan
Disclosure
Safety Tips

Setting the Sale Price

Figuring Your Net Proceeds

Settlement

Glossary


FINANCE

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Costs Associated with Selling

Here are some of the more common costs and fees associated with selling your home:

  1. Principal Balance on the First and Second Mortgage
  2. Interest  Adjustment on First and Second Mortgage Payoff (One month's interest or one month's payment)
  3. Payoff other Liens/Obligations (e.g. Tax, Indemnity Deed of Trust, Court Judgments, etc.)
  4. Water Escrow ($150.00--$500.00)
  5. Brokerage Fee (negotiable, generally 6% but varies from situation to situation)
  6. Settlement Fee ($125.00--$350.00)
  7. Release Preparation Fee ($75.00--$150.00 per lien)
  8. County Transfer Tax (usually split with buyer)
  9. State Transfer Tax (usually split with buyer)
  10. State Recordation Tax (usually split with buyer)
  11. Release Recording Fees ($50.00 per lien)
  12. Termite Inspection Fee (Not including any treatment and or repairs if required.) ($45.00--$100.00)
  13. Well and/or Septic Certification Fee ($50.00--$200.00)
  14. Messenger / Courier Fee ($50.00--$75.00)
  15. Condominium/Homeowners Association Fee Adjustments (Including Special Assessment, if applicable.)
  16. Other Charges (e.g. FHA/VA LENDERS may charge document preparation, tax service fee, lenders inspection fee, etc.)  (Termite Treatment/Repairs, Home Buyers Warranty, etc….)

These costs are only estimates and change from time to time.  Contact your Hawkins Group representative for the latest fee scales and how to structure your deal to save you the most money.

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The Hawkins Group
Century 21 Advantage Realty
9344 Lanham Severn Rd. #102    Lanham, Maryland 20706
Toll Free:  1-888-220-2776    Office:  301-552-5730   Fax:  (301)577-7737

©Copyright 2004-2007  All rights reserved.
Information Deemed Reliable But Not Guaranteed. Neither CENTURY 21 Advantage Realty nor the service providers for CENTURY 21 Advantage Realty are liable for any errors or inaccuracies in the information provided through this website.  Each Office is Independently Owned and Operated.  Equal Housing Opportunity.
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