The seller can also expect to pay a fee of around $10 for the deed release. This can range from about $150 to about $250 depending on the closing attorney. Another closing costs seller pays is document preparation fee. A home seller can also expect to pay a courier or wire transfer fee, which can range from about $20 to about $50 depending on your closing attorney. If the home is being sold through a real estate broker, then seller costs will also include the brokerage commissions, and any other fees that the seller agreed to pay in the listing agreement. Note that certain sellers or government agencies like HUD may have allowable and non-allowable closing costs that they pay. Seller paid closing costs will also include any home warranty if the seller agreed to pay for it. The seller can also expect to pay the taxes, which are paid in arrears, up to the date of closing. This fee is calculated based on the sales price, and the fee is $1.85 for every $500 of the sales price. In South Carolina, the seller is responsible for paying the deed stamps, also know as transfer fee. If you are in another part of the country, you may need to contact a real estate attorney, a title company, or a good real estate agent to find out what the costs are for your home and your area. Since I am a Greenville South Carolina RealtorĀ®, I will be using facts and seller costs that may only apply to Greenville SC real estate transactions, but it should give you a good idea of what to expect. In this particular post, we will cover the closing cost that the seller is responsible for. ![]() The fact is, in a real estate transaction, both the buyer and seller are responsible for paying closing costs. Many home owners wonder if the Buyer pays closing costs or if the Seller pays closing costs. ![]() Seller Closing Costs in a Real Estate Transaction
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