Home Sale Calculator in Washington

Question 1

Who pays closing costs in Washington?

Accepted Answer

Both the parties i.e., the buyer and the seller have to pay their respective closing costs in Washington. 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.

Question 2

Do sellers pay closing costs in Washington?

Accepted Answer

Yes, sellers do pay closing costs in Washington. If you are a home seller in Washington 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 Washington MLS with Houzeo’s Flat Fee MLS Washington packages.

Question 3

How much are closing costs for seller in Washington state?

Accepted Answer

The closing costs for seller in the state of Washington range between 8%-10% of the sale price.

Question 4

How much is property tax in Washington?

Accepted Answer

The Washington state real estate property tax rate is approximately 0.93% of the home value. The property tax calculator for Washington helps in deriving the close enough values.

Question 5

What does the seller pay at closing in Washington?

Accepted Answer

As a home seller in Washington, 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.

Question 6

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

Accepted Answer

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.

Question 7

Who pays transfer tax in Washington state?

Accepted Answer

The transfer tax in the state of Washington is usually paid by the seller but can be negotiated with the buyer.

Home Sale Calculator in Washington

Home Sale Estimate Calculator in Washington

Frequently Asked Questions

Closing Costs Worksheet