This shows the closing costs payable by a seller of a one, two, or three family house located in Nassau County with a Purchase price of $400,000.00

New York State Transfer Tax @$2.00 Per $500 ...........................................$1,600
Recording of Satisfaction of Mortgage ........................................................... $50-75
Title Closer’s Service Charge for the Responsibility of Paying
the Mortgage.........................................................................................................$175-200

Title Company’s Service Charge for the Preparation of
Acris E-Tax Forms..................................................................................................$150

Brokerage Fee @ 6% of Purchase Price............................................................$24,000
Average Attorney’s Fee ..........................................................................................$.1,500

Balance on Mortgage………………………………...……..................................$150,000

Net............................................................................................................................. $250,000

For 1-3 Family Homes sold over $500,000, NYC Transfer Tax is computed at the tate of 1.425%. The Mortgage Payoff with vary from seller to seller. Be advised that because interest on the loan continues to accrue until the lender receives the check, 2-5 days of per Diem interest is added to the payoff amount.

This shows the closing costs payable by a seller of a one, two, or three family house located in Queens Couty with a Purchase price of $400,000.00

Sale Price…………………………………………..................…….. $799,000
New York State Transfer Tax @$2.00 Per $500 ............................$3,196
New York City Transfer Tax @ 1% of Sales Price..........................$7,999
Average Recording of Satisfaction of Mortgage..............................$75
Average Title Closer’s Service Charge for the Responsibility of Paying the Mortgage..................................................................................................$200

Average Title Company’s Service Charge for the Preparation of
Acris E-Tax Forms...................................................................................$150

Average Attorney’s Fee ..................................................................1,500

Net.............................................................................................................. $740,420

For 1-3 Family Homes sold over $500,000, NYC Transfer Tax is computed at the tate
of 1.425% The Mortgage Payoff with vary from seller to seller. Be advised that because interest
on the loan continues to accrue until the lender receives the check, 2-5 days of per Diem interest is added to the payoff amount.

 

 

Costs Involved In Selling A Home, real estate, mls listings, mls search, for sale, home for sale, Realtor, agent, broker, schools, relocation, properties, residential.

Costs Involved In Selling A Home, real estate, mls listings, mls search, for sale, home for sale, Realtor, agent, broker, schools, relocation, properties, residential

 

 

 

 

 

 

 

 

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