What Are the Estimated Closing Costs When Selling a Richmond VA Home?

No matter why you have decided to move, whether it be to upsize, downsize, or for relocation, there are certain costs one should take into consideration before they list their house on the Richmond VA real estate market. So what are the estimated closing costs when selling a Richmond VA home? Below are some examples a Richmond VA home seller should factor in. This is not a one size fits all list and it will vary depending on your individual situation:

* Brokerage Fee/Commission

* Deed Preparation

* Pre-Payment Penalty

* Unpaid Interest on Loan Balance

* Lien Release Fee

* Grantor’s Tax

* Termite Inspection

* Unpaid Assessments/Taxes

* Any Closing Costs Paid on Behalf of the Buyer

* Property Owners Association Packet (HOA)

* Other (example: Home Warranty Paid on Behalf of the Buyer)

The final number greatly depends on each scenario, so it is important that you speak to your Richmond VA real estate agent to discuss the specifics for your Richmond VA home for sale.

Thinking of selling and need some assistance? I would be happy to help you! Contact me, Shannon Milligan with Keller Williams Realty Richmond West today, to get started!

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