Do you need a closing attorney when buying a home? Closing attorneys facilitate real estate transactions but they can’t give legal advice on the deal. Q: I'm a little embarrassed to ask this question, but do I need to hire an attorney for closing? I'm a first-time homebuyer purchasing a new construction home and I [...]
Is my real estate agent doing a good job? This reader feels like their agent didn't fully explain the process of selling their home and all their options. Q: I sold my dad’s house late last year and feel like I was taken advantage of by my agent and my real estate attorney, who was [...]
Seller closing costs generally come as a surprise to home sellers, particularly when home sellers find out that they’ll have to pay anywhere between 2 to 7 percent of the sales price in fees and costs. Here's an updated list of closing costs you may incur when you sell a house.
Seller closing costs often come as a surprise to homeowners who are selling a house for the first time. A seller's closing costs often go way beyond the typical 2 to 7 percent of the sales price, simply because most sellers use a full-service agent to sell their home, which can add an additional 4 to 7 percent to the closing costs. Here's an extensive list of closing costs you may incur when you sell a house. By the way, if you've come across a strange seller closing cost, please note it below.