282 Ralph Rawls Rd is more than a luxury home—it's a complete South Mississippi lifestyle estate. Situated on approximately 31 private acres in Hattiesburg, this custom residence offers 7
The Cost of Selling your Gulfport Home
Dated: September 1 2013
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Prepayment Penalty -Â Your lender may charge a fee; find out about it.- Mortgage Balance Payoff -Â Second mortgages as well as the home loan and lines-of-credit will be deducted.
- Fee for Loan Payoff -Â Find out if there is a administrative fee.
- Recording Fees -Â Any fees owed on the property will be paid off.
- Release of Liens -Â Money owed to home contractors will be paid off at closing.
- Real estate commissions -Â This is usually 6 percent and is divided between the buyer and selling agents, unless your selling agent brings the buyer to the table too.
- Escrow fees -Â Assuring that money is handled properly, escrow agents can be paid by both buyer and seller.
- Title search fees.
- Notary fees -Â This fee ensures your identity and that documents are correct.
- Repairs -Â As negotiated, you may need to pay for repairs.
- Seller concession -Â If helping the buyer pay closing costs, this will be deducted.
- Home warranty -Â If adding a first year warranty for the buyer, this will assessed at closing.
- Termite letter -Â Required in certain areas, this is a cost to you.
Amanda D'Angelo
AMANDA D’ANGELOCoastal Realty Group #1 Independant Brokerage on the MS Gulf CoastAmanda D’Angelo is the Broker at Coastal Realty Group, where she heads up a team of 40 agents to pair clien....
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