M&Co. Seller Center » Pre-Listing Prep » Closing Costs Breakdown

Closing Costs Breakdown

Here are the costs that you can expect to pay at closing out of your proceeds.

In addition to compensation, you will want to budget approximately 2% of the sale price for other closing costs, some outlined below. Our attorney can put together a net sheet once you have a price in mind to give you a better estimate of these!

  • Commission: Varies!

  • Attorney Fee: $800-$1,000

  • Title Policy: $3,000

  • Title Fees: $400

  • Water Certification: $150

  • State Transfer Tax: $1.00 per $1,000

  • Municipal Transfer Tax: $3.00 per $1,000 (this varies based on municipality)

  • City Transfer Tax: $0.50 per $1,000 (this varies based on city)

  • Tax Proration: 105 – 110% of last tax bill

  • Association Fees: $0 – $500

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