Seller closing costs explained: what closing costs do you need to pay when selling a home?
Many people make the mistake of thinking that when they sell their home, their gains will equal the sales price minus the outstanding balance on the mortgage. But you may be ignoring a large chuck of costs that may impact whether you sell now.
Closing costs pay for all the various fees required to finalize the sale of a home. Learn about all the many fees sellers need to pay and how you can save money on seller closing costs in NYC and beyond.
If you are in the market to buy a home in New York City, check out my free “Micky’s Ultimate Buyer’s Guide” which breaks down all of the nuances of buying in the city. https://undividedre.com/e-book/ultima...
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This video provides general information about real estate and is not professional advice. Consult with a qualified professional before making any decisions. The creator is not liable for errors, omissions, or outcomes based on the information presented. Compensation may be received for featuring products or services, but it does not influence the content. Viewers agree to seek personalized advice before making any real estate transactions.
Chapters
00:00 - 01:02 - What are closing costs?
01:03 - 02:09 - Which costs should you expect?
02:10 - 03:17 - How to pay less closing costs
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Meet Micky, a top New York City real estate broker on a relentless journey to educate and advise buyers and sellers on how to turn their dreams into an NYC address. He leads Undivided on a mission to curate the most coveted luxury new build condominiums, eco-friendly buildings, and modern homes in Manhattan and Brooklyn.
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