- Q: What are the typical closing costs when selling a home?
- A: Typical closing costs for sellers include real estate agent commissions, legal fees, title insurance, and possibly land transfer tax, depending on your location. There may also be minor costs for adjustments, such as property taxes. We’ll provide a detailed estimate of these costs upfront, so you can plan ahead with confidence.
- Q: How soon will I receive the proceeds after closing?
- A: Proceeds from the sale are usually disbursed within a few days after closing. Once the transaction is finalized, your lawyer will transfer the funds to your account, minus any closing costs or mortgage balances. The exact timing can vary based on your bank and legal processes, but we will keep you informed throughout to ensure everything goes smoothly.
