Who's Responsible for What
Either side of a real estate transaction (buyer or seller) will have some "closing costs." As a seller, any mortgage balances, prorated insurance, and taxes will need to be paid off at closing. Also, in this market, a seller usually pays brokerage fees, title insurance, and for a termite inspection.
In some situations, a buyer may ask for the seller to assist in paying their closing costs. In this circumstance, this would be figured into the purchase price of the home.
Prior to listing your home, we will review a estimated cost sheet, so you will have an idea of the expenses involved.