Closing Costs for Sellers

Mortgage payoff and outstanding interest (1^st and/or 2^nd mortgage)

Selling concessions (if required)

Prorations for real estate taxes, utility bills, condo dues, homeowner association fees, and other items paid in arrears

Closing fees charged by closing specialist (this varies as your attorney may be your closing specialist)

Title policy fees (Note: In Iowa you have property abstract update fees for your title costs)

Home inspections and/or Home warranty fee and/or Survey Charge (if required)

Attorney’s fees

Various repair costs (if required)

Transfer tax or other government registration fees

Brokerage commission (Selling and/or Buying)

Total