Costs of Selling a Home
The follwing checklist identifies a number of costs sellers frequently encounter when selling a property, and may be required to close the transaction. The seller should review the list carefully with his/her Realtor to determine which costs apply on the property.
| 1. Property Costs | Amount |
| - Cost of removing liens on property | $ |
| - Unpaid condominium maintenance costs | $ |
| - Cost of underpaid realty taxes | $ |
| 2. Legal Costs | - |
| - Lawyer's conveyance costs | $ |
| - GST/HST on legal fees | $ |
| 3. Mortgage Financing Costs | - |
| - Balance of mortgage payable | $ |
| - Interest on mortgage since last payment | $ |
| - Mortgage prepaid penalty | $ |
| - Mortgage lender discharge fee | $ |
| - Mortgage assumption fee on credit to buyer | $ |
| - Other | $ |
| 4. Real Estate Commission @ % | - |
| GST/HST on real estate commission | $ |
| - Other | $ |
| 5. Closing Adjustments/Income | -- |
| - Property taxes | $ |
| - Heating (oil/gas, etc) | $ |
| - Homeowners insurance | $ |
| - Prepaid realty taxes | $ |
| - Prepaid utilities | $ |
| - Prepaid condominium maintenance fees | $ |
| - Prepaid municipal assessment | $ |
| - Other | $ |
| 6. Moving Costs | - |
| - Movers costs | $ |
| - Box purchases or rentals | $ |
| - Moving insurance | $ |
| - Storage charges | $ |
| - Box packing assistance | $ |
| 7. Utility Disconnection Costs | - |
| - Telephone disconnection | $ |
| - Cable disconnection | $ |
| - Gas disconnection | $ |
| - Electrical disconnection | $ |
| - Water service disconnection | $ |
| - Other | $ |
| Total Cost - - > | - |