All of the answers previously posted are correct. My question to you is why aren't you working with a Realtor who can answer this and all your other questions too. Your Realtor can provide you an estimate of your actual closing costs in a few minutes.
All the best,
Your Real Estate For Life
Cell (267) 254-7994
For a seller, about $21000 in Phila depending on commission and if outside of Phila, $2640 less because of transfer tax again.
Ed Marcinkiewicz 215-961-6029
8.5% X 264,000
It includes 6% commission, 2% City and State transfer tax, and a .5% for miscellaneous items from title to U&O and perhaps a Home Warranty etc.
Just for Philadelphia folks. The county is different.
It would depend on the the County you purchase the house. Transfer taxes could vary i.e. Philadelphia County is 4%, 2% to buyer and 2% to the seller. I have had transactions in Philadelphia, Delaware, Bucks and Montgomery Counties, a rule of thumb I use is between 6-8%, depending on the county.
Peter Lavelle, GRI
Real Estate Excel
It depends on the county that you are purchasing but typically it will be: tranfer tax, brokerage fees, and title fees.
If you can be more specific as to the county I can give you a better idea of how much it may cost.
Samantha Weekes, Realtor
Exit Tri-State Group
If you can email me the MLS number, or property address, and let me know your settlement date, I can work them up for you.