The fees to sell a home in either North and South Carolina are about the same but the values change slightly. We have a self-service Seller Net Sheet that is available or you may simply request one via the “Contact Us” page. Here’s a breakdown
North Carolina:
Purchase Price minus
-Pro rated taxes and homeowners association fees (if any)
- Real Estate Commissions and Fees
- Attorneys Fees
- Recording Fees (purchase price multiplied by .002%)
- Miscellaneous fees (Homeowners Association transfer fees, payments to the Buyer for repairs etc)
- Pay off of any mortgages.
Here’s what that looks like on a home that costs $125,000, taxes of $1200 annually, real estate commissions of 6%, attorney fees totaling $600, no hoa fees, an existing mortgage of $50,000 and closing on January 31:
Purchase Price: $120,000
- Pro-rated taxes: $101.92
- Real Estate commission at 6%: $7,200.00
- Attorney fees: $600
- Recording fees: $240.00
- Misc fees: $0
- Existing Mortgage: $50,000
Net to Seller at closing: $61,858.08.
South Carolina
In South Carolina, the recording fees are .00375% instead of .002%. Otherwise, the charges are exactly the same.
Charlotte - Southpark
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