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Updated 6 months ago on . Most recent reply

User Stats

313
Posts
68
Votes
Tim Kaminski
  • St. Petersburg, FL
68
Votes |
313
Posts

Rule of Thumb for Estimating Costs Selling?

Tim Kaminski
  • St. Petersburg, FL
Posted

Have never sold a property but I get offers quite a bit. Most claiming to cover closings costs/sellers cost.

Is there a general rule of thumb for what to expect to pay in fees/taxes when selling a property? I have heard 15%?

(Offer)-(What I Owe)=X*(0.85)=ACTUAL TAKEHOME $$

I am asking about the 85% I have written in equation.

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