Real Estate Knowledge March 28, 2023

Home Selling at a Glance!

Home selling

Looking to sell your home soon or in the near future?

 

Check out this quick guide on the home selling process + the closing costs!

1. Initial meeting – Decide if or when to sell the house.

2. Check estimate of proceeds.

3. Get required paperwork ready for sale including HOA documents.

4. Prepare the home – Maintenance and repair items your realtor recommends.

5. Deep clean the house.  No weird smells!

6. Stage and rearrange.  This helps potential buyers visualize living in the home!

7. Professional photos and marketing to make your house shine.

8. Fill out the property disclosures.  

9. Put home on the market.  Showings start and open house!

 

House Under Contract

1. Buyer sends earnest money.

2. Home inspection.

3. Appraisal ordered from the lender.

4. Address and utility change.

5. Pack and clean.

6. Pre-sign with Title Company.

7. Buyers’ final walk-through.

8. Closing day!

 

Fees and Closing Costs

  • Pay off mortgage balance
  • Mortgage interest up to the closing date
  • Commissions for listing and buyer’s brokerages
  • Admin fee 
  • Title company fee
  • Payoff verification fee
  • County recording fee
  • State Deed Tax
  • Conservation fee

* If applicable – HOA resale disclosure package fee, Truth in Housing inspection fee, septic compliance test fee, well disclosure filing fee, and/or warranty.