In general, what type of fees will i pay when i sell my house, and if possible provide the amounts of such fee

Question

i.e realtor commishion etc

Answer 1

How much is the property selling for? The only reason I am asking is because Title Insurance cost depends on the price of the house.
Owners Title Insurance: $1000.00
Recording Fees: $ 50.00
Selling Commission: 3%-7%-7.5% depending on your state.
Atty Fee(if atty state): $ 500.00
These of course are just rough estimates. Can you have your realtor draw something up for you. Good luck to you in all your endevors.

Answer 2

The realtor's commission depends on the company you choose to employ. In Indiana, commission percentages are often 6% or 7% of the home's actual sale price.

You'll probably pay for some of the title fees, although this is negotiable between you and the buyer. These fees vary according to the title company you choose to employ.

Also, buyers in our area often ask a seller to share some of the closing costs. This is negotiable with the buyer.

If a buyer makes the sale contingent upon home inspections, they will likely have at least one inspection done. If there are significant mechanical or structural problems, the buyer may ask you to perform repairs before the closing, or they may want an allowance based on estimated repair costs.

Home buyers sometimes want a home warranty provided by the seller. Again, this depends on what company you choose for the warranty.

Answer 3

It can vary by state, but at a minimum, the seller has to pay the realtor if they listed the house (by your contract), any statutory cost of conveyance taxes (a statutory percentage of the sales price), their own attorney (for drawing up the deed and arranging the payoff of the current mortgage), payoff amount of the current mortgage, and the cost to file the release of that mortgage.

Any other fees are probably contract specific, like you might agree to pay part of the buyer's cost just to make it possible for them to get a loan, or if the buyer uses a specific type of government loan, you may be required to accept some of their bank costs. You can increase your price to cover these, usually.

Answer 4

In total, up to 10% if there are no contracted Seller Concessions:

Up to 7% for Real Estate fees/commissions (negotiable),
and up to 3% for closing costs.

Good luck in your sale!

Answer 5

you have to pay seller and buyer's agent fee normally
buyer's agent take 3% and sellers agent takes 2% of the selling price, in addition you have to pay closing cost around 1% to 2 % of the house price

so , in total around 5 to 7% of the house price

Answer 6

*Pest Inspection (Usually required) $200 or so
*Realtors (usually a total of 6-7%)
*Excise tax (my county charges 1.8% of the sales price)
*Closing/escrow/title fees: Usually around $1500 total
*Recording fees: around $50

Basically if you plan on UP TO 10% you'll have plenty of buffer.

Answer 7

The realtor commision varies but usually about 6%.
http://www.m-o-r-t-a-g-e-r-a-t-e.com and http://h-o-m-e-e-q-u-i-t-y-l-o-a-n.com are great general resources.