Important info on closing costs when selling a home. Jim Turano
Sep 20, 2021
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So besides hearing from a sales agent how much commission, or length of time for them to get the exclusive from you, do they explain your closing costs to you?
From 42 years ago until today, I always explain to the seller the closing costs involved when selling a home.
And I always mention it takes 60-90 days to sell a home that is properly priced to begin with. Anyone asking for 6 months contract to sell your home is not in your best interest.
Closing Costs are Tax deductible.
Lions share of closing costs is first the Commission
Next is City Tax, State Transfer Tax, and your attorney fee.
Selling a home for about $850,000, your closing costs is approximately $39,000 dollars leaving you a net of
I explain everything to sellers, so their not shocked at the closing table. I earned my reputation and am a hands on Broker.
James Turano/ Broker
Diverse Real Estate of Middle Village
*Letter of recommendation by Senator Addabbo.*
Experience makes a Difference.