ESTIMATED CLOSING COSTS
Estimated Costs on the Sale of a Property
- State Conveyance Tax
.75% of Sales Price up to $800k, 1.25% of Sales Price above $800 to $2.5M
2.25% of Sales Price above $2.5M - Local Conveyance Tax
.25% of Sales Price (Westport) - Realtor’s Fee
5% (Varies) - Recording Fee – Release
$60 - Real Estate Taxes
Unpaid Amount - Mortgage Payoff
Unpaid Balance - Attorney’s Fees
$2000 +/-
