Costs of Sale
- Document Tax Stamps ($4.56 per $1,000 of sales price)
- Preparation of deed to buyer
- Legal fees for representation beyond drawing of deed
- Fee for recording discharge of any outstanding mortgage(s)
- Unpaid taxes, water and sewer fees owed to municipality
- Rents paid in advance by tenants, plus security deposits or last month’s rent and any interest accrued thereon.
- Smoke Detector/Carbon MonoxideCompliance Certificate
- Any other expenses pertinent to the particular transaction
- In some cases, home sellers may be required to pay a Capital Gains Tax. Please consult your tax advisor.