Besides the commission, there are additional costs involved with selling a home that most sellers don’t realize. “What closing costs do I have?” is a frequently asked question.
So, let’s say you list and sell your home for $300,000 and your property taxes are $6,000. This is what the simple seller’s side of a closing statement may look like for a closing date of October 31, 2017.
Purchase Price: The amount agreed to by the Buyer and Seller for the sale of the property.
Tax Proration: The seller credits the buyer the amount from the 1st day...