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Cost of Selling

Below are a number of costs usually associated with a home sale. When selling your home, review the list with your REALTOR® to determine which costs apply.

  • Property Costs. Property costs include any maintenance, renovations, or “staging” you may need to make to your home before it’s ready to be put on the market.
  • Legal Costs. Real estate transactions can be complex and difficult to navigate without legal assistance. A real estate attorney can walk a home seller through the legal process for the transfer of ownership of property.
  • Status Certificate. Applicable to condominium properties only, the Seller is usually required to provide a Status Certificate to the buyers.
  • Mortgage Financing Costs. Mortgage financing costs can include paying the balance of the mortgage, the interest since last payment, prepaid penalties, and lender discharge fees.
  • Real Estate Commission.
  • Utility Disconnection Costs. Some utility companies charge a fee to disconnect service.

Moving Costs. Costs associated with moving include truck rental, hiring of movers, moving supplies, and any storage fees.

 


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Royal LePage Terrequity Realty
211 Consumers Rd., Suite 105
Toronto, ON, M2J 4G8
(416) 496-9220
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