Closing costs for sellers

Buyers bear the bunt of the burden, but seller's don't get off scot-free.

Depending on the market, a seller may choose to pay the bulk of closing costs, though traditionally in the DC Metro Area it's the buyer's responsibility. That doesn't mean the deal is pure profit for the seller, though. Sellers typically pay real estate commissions, settlement fees, transfer taxes and other items. A seller may even have to credit the buyer for unpaid real estate taxes.

Add up net proceeds

Homeowners and real estate agents alike find this free tool quite useful. Calculate your net proceeds from a home sale in less than a minute.

√  Add it up...