SELLER CLOSING COST IN LOS ANGELES
Discover the key aspects of closing costs for home sellers in Los Angeles, including standard fees, pre-sale inspection considerations, city and county transfer taxes, retrofitting requirements, and the impact of recent measures like Measure GS and ULA. Our guide provides insights into the costs and steps involved in selling your property in LA, whether it's a home, multi-unit building, or commercial space
Understanding Home Seller Closing Costs in California
Selling a home in California comes with various closing costs that sellers should be aware of to prepare and budget accordingly. These costs can range from 6% to 10% of the transaction price and include real estate commission fees, prorated property taxes, title insurance, transfer taxes, staging, inspection fees, escrow fees, attorney fees (if applicable), recording fees, wire transfer fees, and homeowner association fees (applicable to condos or townhouses). By understanding these fees and working with a knowledgeable real estate agent, sellers can avoid unpleasant surprises and ensure a successful transaction.