Absolutely. Seller's have closing cost expenses as well. Your closing costs are made up of the real estate commission, owners policy fees, settlement charges, etc and that number depends on how much $$$ the land is sold for and so many other variables. You will pay a prorated amount of the property taxes based on when you close. Seller proceeds and taxes is for an accountant to answer as mentioned below. Also your land can be residential, agricultural, etc. Call to discuss further if you'd like to sell you're land.