West Virginia Home Seller Close Cost Calculator

Buyer’s Agent Fee: $6,475 – $7,770

In the past, sellers covered the fees for listed agents and buyer agents. However, after a landmark court settlement by the National Association of Real Estate Brokers, it is now expected that the buyer will make compensation directly with his own agents. If you are willing to pay this to attract buyers, you can expect to pay $6,475-$7,770 on a West Virginia home priced at $259,000.

Detailed closure fee: $$ 4,610

The cost of closing in West Virginia accounts for about 1.78% of home sales prices on average. In a median home priced at $259,000, you might pay $4,610. Here are some typical types of settlement cost you can expect:

• Family preparation: Curb appeal efforts such as indoor house cleaning, landscaping or the house stage.
• Renovation/Repair: Repair or update your property to meet buyer’s expectations or check requests.
• Ownership service fee: Ownership companies work requires verification of legal ownership and help manage the transfer of property. In West Virginia, buyers usually pay for it.
• Owner’s ownership insurance: The one-time insurance premium paid by the seller protects the buyer from ownership issues or ownership disputes. Buyers usually report this in West Virginia.
• Transfer Tax: West Virginia home sellers pay a transfer tax rate of $500 per piece, or a score that pays the value of their property’s turnover. (See more below.)
• Recording fee: Fees paid to local governments formally record changes in property ownership.
• Buyer incentives: You may offer points or offers to buyers, such as paying the buyer’s agent fees or offering a rate to buy.
• Other fees: Miscellaneous fees not covered by other categories, such as attorney fees and HOA transfers. (Assistant is required to sell the home in West Virginia.)
• Mobile fees: While not technically closing costs, you might want to include this fee in your budget, ranging from $883 to $7,000.

In West Virginia, the seller is usually responsible for paying any real estate transfer taxes incurred during the sale of the property, although it can be negotiated.

Make buying and selling easier: Most West Virginia sellers are also buyers looking to buy new homes. Before the sale plan, with Homelight’s purchase, you can make a non-hazardous offer in your new home, moving only once. Watch this short video to learn more.

Seller tools from Homelight are more helpful

When planning a West Virginia home sale, you may find some other tools:

Want to avoid settlement costs and sell quickly? Get a cash offer now.

With Homelight’s simple sales platform, you can receive no-obligation, all-cash quotes within 24 hours and close in just 10 days. Answer some questions about starting your West Virginia home. In addition to your offer, you will also see estimates that top West Virginia agents may be able to obtain for your home. Use a tool to get both options.

Here are some useful buyer tools as you look forward to your next home purchase: