Friedberg Properties Through Julie Bruno: Seller's Closing Cost

 

 

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Julie Bruno

Friedberg Properties

20 W. Clinton Avenue

Tenafly, NJ 07670

 Office: 201-894-1234

Mobile: 201-264-5950

julie@jbrealtor.net

 

 

Seller's Closing Cost

 
     
LEGAL FEE
Fees vary. Consult your attorney.  
$_________
REAL ESTATE COMMISSION
Depends on the terms of the listing agreement.
$_________
REALTY TRANSFER TAX
Rate fixed to sale price of house.
Consult your attorney for possible
exemptions.
NJ: About $3.50/$1000 of sale price.
$_________
MORTGAGE CANCELLATION FEE
Usually required if mortgage is prepaid
before original term is reached. May be
charged by lender and/or local government. 
$_________
OTHER LIENS
Must be removed from
property before closing: includes local
government filing fees. 
$_________
TAX ADJUSTMENT
Usually a credit (sometimes a charge) to
seller, to adjust for taxes paid short of
or beyond the closing date. 
$_________
WATER/SEWER ADJUSTMENTS
Same as other tax adjustments. 
$_________
Other expenses required of seller…

INSECT DAMAGE REPAIRS
As may be required following inspection. 

$_________
ENGINEERING REPAIRS
As may be required following inspection.
$_________
ESTIMATED TOTAL $_________

 

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