Barb Schlinker The Real Estate Voice

Closing Costs for Sellers in Colorado1)     What are the typical closing costs a seller can expect to pay?a.       Your Mortgage payoff is typically the Largestb.       Property Taxes c.       Title and Closing Services Feed.       Commission – negotiated upfronte.       Water billf.        HOA Transfer feesg.       Occasionally the Survey or ILC 2)    What about Liens against the home?a.       Besides the mortgage there usually are not any,i.       but they will be discovered by the title search upfront 3)     What are some ways you can save closing costs?a.       Make sure the home is in great conditionb.       Keep HOA & Mortgage up to datec.       If you have refinanced your mortgage in the last 5 years you will get a 50% discount on title insurance4)     What are some hidden costs that home sellers tend to be surprised about?a.       We give our sellers a very detailed estimated net sheet b.       so they know all of the expenses they will have up frontc.        and how much they will put in their po