Amy Bergquist, ABR, GRI 860-655-2125 AmyB@AmyB-RE.com Home Philosophy Blog Buyers Sellers Listings Links About Amy
Budgeting for the Sale All of the fees associated with selling a home are charged at the time of sale. Sellers usually have no out-of-pocket expenses because money from the sales price is withheld from their profits to cover these costs. Sales Costs Mortgage Payoff Remaining Balance Realtor's Fees Typically 6% Attorney's Fees ~$700 Paperwork Fee $195 Recording Fee Release ~$50 State Conveyance Tax 0.005 x Sales Price Local Conveyance Tax typically 0.0025 X Sales Price Real Estate Taxes Unpaid Amount Although uncommon, there are scenarios in which a seller would have to pay in order to sell their home. Two examples are if the price of the home falls significantly while they owned it and cannot cover the remaining mortgage amount and expenses, or if the owner extracted all of their equity using home equity lines of credit.	Working with a Listing Agent The Selling Process Budgeting for the Sale     Amy was an absolute pleasure to work with. She's the kind of realtor that stays on top of the process and makes sure all the other parties are doing their part to make sure the transaction goes smoothly. I remember thinking that if the agent on the buyer's side was as good as Amy we would have been done a few weeks sooner!                                                 V.P.       Questions? Ask Amy! 860-655-2125 AmyB@AmyB-RE.com
125 La Salle Road West Hartford, CT 06107 860-521-4311