If you're selling a home in New York City, it's important to understand the various closing costs associated with the transaction. Closing costs are expenses that are incurred during the process of buying or selling a property. They can vary depending on the location, type of property, and other factors. In this guide, we'll give you an overview of the closing costs you can expect to pay when you sell a home in NYC.
Selling a home in NYC can be an expensive process, but understanding the closing costs can help you prepare for the expenses. Transfer taxes, attorney fees, and broker commission are the three largest expenses you'll face as a seller. By knowing what to expect, you can avoid any surprises and ensure a smooth transaction.