What Do Sellers Pay at Closing in Virginia?
Real Estate, Home Selling, Closing Costs
What Costs Will I Pay as a Seller at Closing in Virginia?
Understand the typical expenses Virginia home sellers pay at closing so you can focus on what matters most: your true take-home amount.
What do sellers pay at closing in Virginia?
Sellers commonly pay off their mortgage, agent fees, certain state and local taxes and fees, and a share of costs like property taxes. The exact amounts depend on your home and your contract.
Many sellers focus on the sale price. The number that matters is what you take home. Here are the usual pieces.
The Mike Webb Team (Mike and Claudia Webb, RE/MAX Allegiance) helps homeowners in Arlington, Northern Virginia, Maryland, and Washington, DC get their homes ready to sell and sold.
The usual pieces
Your loan payoff. What you still owe on your mortgage and any other liens.
Agent fees. These are agreed in writing before you list. Ask us what they are and what they cover.
Taxes and fees on the sale. Virginia and local governments charge some. Ask the settlement company for the exact amounts.
Settlement or title costs. Fees for the company that handles the closing.
Prorated bills. Property taxes and some association dues are often shared by buyer and seller based on the closing date.
Repairs or credits. If you agree to fix something or give the buyer a credit after the inspection.
Moving and prep costs. Your own costs outside the closing.
Reviewing a clear net sheet helps sellers see true take-home proceeds.
What is a net sheet?
A net sheet is an estimate of what you would take home at different sale prices. Ask for one before you list. It is an estimate, not a promise. The final numbers come from the settlement company.
What about getting my home ready?
Every seller gets the White Glove Home Sale Method at no additional cost, whatever the price or type of home. That can include painting, repairs, physical staging, deep cleaning, carpet and window cleaning, power washing, and landscaping. We get your home ready to win at no cost to you.
FAQ
Can I see the numbers before I decide to list?
Yes. We can walk you through a net sheet with a few price ranges.
Who decides who pays what?
The contract does, along with local custom. Ask us before you sign.
Should I talk to a tax advisor?
If you have questions about taxes on your sale, ask a qualified tax professional. We cannot give tax advice.
Call or text The Mike Webb Team at 703-350-3884 or visit claudiawebb.com.
The Mike Webb Team, RE/MAX Allegiance. Arlington, Virginia. Equal Housing Opportunity.
