How Much Are Seller's Closing Costs in Sacramento?

By
Real Estate Agent with RE/MAX Gold DRE #00697006

You hear more talk about buyer's closing costs and not seller's closing costs in Sacramento. Most likely because the difference between the two is pretty basic. The buyer generally takes money out of her savings account to close escrow. She needs to deposit usable funds into escrow.

On the other hand, the seller's closing costs come out of the sales price, for all practical purposes. Not out of pocket. So some people think, well, they don't really pay but they do. It's also the reason buyers often ask sellers to make repairs or give them money because they feel the financial positions are unbalanced. That sellers have more money than the buyers, in many instances. But that's beside the point.

You can read more in my personal blog today at this link: What Does it Cost Sellers to Close Escrow in Sacramento?

Posted by

elizabeth weintraub

 

 

Weintraub and Wallace Realtors

 

 

Elizabeth Weintraub reviews

 

 

 

Elizabeth Weintraub is co-partner of Weintraub & Wallace Team of Top Producing Realtors, an author, home buying expert at The Balance, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown, Carmichael and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Call Elizabeth Weintraub at 916.233.6759. Put our combined 80 years of real estate experience to work for you. Broker-Associate at RE/MAX Gold. DRE License # 00697006.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of RE/MAX Gold. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Selling
Location:
California Sacramento County Sacramento
Groups:
Everything California
Northern California Real Estate Professionals
CALIFORNIA REAL ESTATE
Lyon Realtors
ActiveRain Rockstars
Tags:
sellers closing costs sacramento
what does it cost to close escrow for sellers
cost selelrs close escrow sacramento
net proceeds home sellers sacramento
how much do sellers pay for closing costs

Spam prevention
Show All Comments
Rainmaker
3,014,613
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Hi Elizabeth, truer word have not been spoken: The biggest expense is hiring a cheap agent who doesn’t know what he or she is doing.

Sep 24, 2018 12:19 PM #1
Ambassador
3,804,179
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Elizabeth- even though I'm not an agent, I am "that old" and do remember owner financing. 

Sep 24, 2018 12:48 PM #2
Rainmaker
2,189,507
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

Nina Hollander Yes, there is that much bigger picture that sellers sometimes forget is there. They get so focused on certain aspects of closing costs they end up penny-wise and pound-foolish.

Sep 25, 2018 08:25 AM #3
Rainmaker
2,189,507
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

Kathy Streib When financing reaches outside of the scope of reality for many homebuyers, then I think we will find owner financing coming back. I've already noticed a few owner-financed transactions in MLS, and it's made me wonder about the signs.

Sep 25, 2018 08:27 AM #4
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
2,189,507

Elizabeth Weintraub Sacramento Realtor Top 1%

Put 40 years of experience to work for you
How much is my home worth?
*
*
*
*
Spam prevention

Additional Information