The Seller Receives

  • Utility deposits held by gas, electric, cable, telephone and other companies.


Prorated portion of pre-paid property taxes.


  • Prorated mortgage interest from payments made during the current month.


  • Fuel rebate for oil or propane remaining in storage tank.


  • Net proceeds after seller’s share of expenses is paid


The Seller Pays

  • Brokerage commission (the sum or percentage of the sale price previously agreed upon by the seller and real estate agent)


  • One-half of the escrow or legal fees paid to the attorney or escrow company for preparing the closing


  • Recording and notary fees


  • Title search and title insurance


  • Local transfer taxes, if any


  • State taxes, if any


  • Repairs or inspections seller has agreed to pay for