Jim Williams RE/MAX LIfeStyles Realty. Selling! Call 604 463 2200 For A Free Market Evaluation.

Once you’ve been given an estimate of market value, you can get a rough idea of how much cash you might walk away with when the sale is completed. This can be particularly useful as you start looking for another home to buy.

From the estimated sales price, subtract:

  • Payoff figure on your present mortgage(s);
  • Broker's commission;
  • Any prepayment penalty on your mortgage;
  • Attorney's fees, if any; and
  • Unpaid property taxes.

In addition, we can tell you whether local customs or rules expects the buyer or seller to pay for the following items:

  • Goods & Services Tax;
  • Property Purchase Tax;
  • Survey Fees;
  • Inspections and repairs;
  • Recording Fees Searching Title, Drafting documents;
  • Costs of clearing title;
  • Appraisal Fee
  • Home Insurance.
     

As far as closing costs are concerned, you and your eventual buyer may agree on any arrangement that suits you, no matter what local practice dictates. Jim Williams will assist you in estimating what your final closing costs will be.

Hire REMAX  To List Your Home For Sale