• Real Estate Agent Commission: This is typically a percentage of the sale price, usually between 5% and 6%.
  • Title and Escrow Fees: These fees cover the transfer of ownership and title insurance.
  • Property Taxes: You may owe prorated property taxes based on the closing date.
  • Loan Payoff: If you have a mortgage, you’ll need to pay off the remaining balance.
  • Other Potential Fees: Depending on your specific situation, you may incur additional fees like HOA transfer fees, attorney fees, or pest inspection fees.