about selling your home? Here's what you need to know to
sell your home in Pennsylvania.
The Pennsylvania Real Estate and Seller Disclosure Act requires PA home sellers to provide the buyer with a property disclosure statement for all residential real estate transfers. The law requires the seller to provide the home buyer with a signed and dated property disclosure statement prior to the execution of an agreement of sale. The seller disclosure statement itemizes a variety of issues regarding the condition of the home to the best knowledge of the seller. This form can be obtained online, or with the help of a real estate agent. Reference: UNRUH, TURNER, BURKE & FREES
The Seller Closing Cost Calculator will estimate your settlement costs; including the Pennsylvania deed transfer tax and Seller Assist (if applicable). The Listing Price Calculator will help you estimate the cost of selling your home.
Residential Lead-Based Paint Hazard Reduction Act of 1992
Home sellers are required to provide the buyer with a Protect Your Family From Lead In Your Home pamphlet. The home seller must disclose any known information concerning lead-based paint or lead-based paint hazards and provide the buyer with a Lead Warning Statement. Additional information regarding the law and your requirements under this law can be found here: The Lead Disclosure Rule
Real Estate Commissions
By law, the real estate commission is negotiable. In most cases, you will only pay a percentage of the sales price when the home sells. Some real estate brokers may charge you a flat MLS fee if the sales price is too low.
Seller's Closing Costs in Pennsylvania
Unlike the buyer, the closing costs for sellers in Pennsylvania are few, but can be costly. You can use the PA Seller Closing Cost Calculator to estimate the seller's closing costs in Pennsylvania. Here's a list of the likely closing costs
DEED TRANSFER TAX
NOTARY FEE - Self explanatory
OVER NIGHT FEE
DYE TEST TO MUNICIPALITY
DYE TEST TO PLUMBER
TAX CERTIFICATIONS & LIEN LETTERS
PAID CLOSING COSTS
Does the municipality have a lien on the home? Again, the only way to know for sure is to obtain a "no lien letter". The settlement company will obtain this information from the municipality. The charge for the tax certification and lien letter varies widely across Pennsylvania - anywhere from $5.00 - $200.
REAL ESTATE COMMISSION
PEST INSPECTION REPAIRS, RADON SYSTEM
REAL ESTATE AGENCY FEE (Coordination Fee,
Warehouse Fee, Administration Fee, etc.)
PENNSYLVANIA PROPERTY TAX PRORATON
Home Seller CalculatorsHome sale calculator
Home sale price calculator
Property Tax Proration Calculator
Mortgage CalculatorsPayment Calculator
Debt to Income Calculator
PA Title Insurance Calculator
Real Estate Forms & Contracts
State Specific Real Estate Forms. "Easy to use step-by-step “fill-in-the-blanks” format… We’ve worked hard to take the headache out of real estate forms, and you won’t find any forms that are easier or more straight forward for anyone to use."
How to sell your house in 21 days
Advice to help you sell your home with or without a real estate agent. > Click Here!