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So you've decided to sell your Long Beach home. How much from your sale will you have to pay out in total costs ? Well it can vary a lot and the main variable is the Long beach Real estate agent Fees. We will come to that a bit later. The typical costs in California have the second highest costs by state for home sales. The first being Hawaii. The main reason is the average property prices are so high. It's the trade off though for living in a desirable place and why lots of people aspire to live here.
Now the top end in percentage terms of you selling your home will be around 8% of the sale price. The lower end cost is just over 6%. You can see here a run down of all the costs here in the chart on a typical selling price of $900,000. Of course you will notice there are no real estate agent fees here but this can be a big variable so i've left out but if you add the real estate agents fees then you could add up to a staggering $45,000 at worst. Of course you could sell for free yourself and we have a video in the series on that. You would still have the other closing costs even if you sell yourself though. And those costs would be looking at this chart.
Title service and settlement fees
0.32%
$2,880
Owner's title insurance
0.37%
$3,330
Transfer tax
0.11%
$990
Recording fees
0.03%
$270
Property taxes
Varies
Varies
Total
$7,470
So if you want to know as a home seller or buyer everything you need to know. Check out the free buyer seller video series in the description. It really could save you a lot of money as we really let you know it all and get you fully prepared. We tell you the things the others won't tell you. We will see you in the next video.
Get in touch with us at: realestatepromote@gmail.com