Who pays closing costs in Virginia?

Both the parties i.e., the buyer and the seller have to pay their respective closing costs in Virginia. Seller closing costs mainly include agent commissions, home inspection, and some other fees, all of which could sum up to 5%-10% of the property’s sale price. The buyers have to pay their closing costs as well which are mostly mortgage-related and could sum up to 3%-4% of their loan amount.

Do sellers pay closing costs in Virginia?

Yes, sellers do pay closing costs in Virginia. If you are a home seller in Virginia then you can expect to pay anywhere between 5%-10% of your home’s sale price as of closing costs. However, you can save thousands of dollars by listing your home on the Virginia MLS with Houzeo’s Flat Fee MLS Virginia packages.

How much are seller closing costs in Virginia?

The seller closing costs in Virginia range between 8%-10% of the sale price of the house.

How much is a home inspection in Virginia?

The average cost of home inspection in Virginia ranges between $500-$1,000.

What does the seller pay at closing in Virginia?

As a home seller in Virginia, your closing costs will mainly include real estate agent commissions, outstanding amounts owed on the property, prorated property taxes, settlement fee, title search, municipal lien search, HOA estoppel, documentary stamps on the deed, title insurance, etc.

How do you calculate the seller's closing costs in Virginia?

To calculate seller closing costs all you need to do is input the relevant details in Houzeo’s Closing Costs Calculator and you will have your estimated closing costs with just a few clicks.

Does Virginia have a real estate transfer tax?

Yes! Virginia does impose a transfer tax. T he real estate property transfer tax rate is $0.25 per $100 of sale price and is usually paid by the buyer.

How Much Will I Make Selling My House in Virginia?

Home Sale Calculator in Virginia

Home Sale Estimate Calculator in Virginia

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