Greenwich Real Estate - Kaye Lewis, Greenwich Realtor
Kaye Lewis
203-779-6798203-779-6798

Typical Residential Closing Costs in CT

PAID BY SELLERS:

  1. Sales Commission (Typically 5%)
  2. State Conveyance Taxes (purchase price up to $800,000: Taxed at .75%.

Purchase price that is over $800,000: Taxed at 1.25%)

  1. Municipal Conveyance Tax (Greenwich is .25% of purchase price)
  2. Mortgage payoff
  3. Attorney Fee (range is $3,000 – $5,000)
  4. Recording Fees (Power of Attorney, about $60; Release of Mortgage $50)
  5. Building Inspection Repairs, if needed

PAID BY BUYERS:

  1.  Inspection Fees (range is $300-$3,000)
  2. Attorney Fee (range is $3,000 – $5,000

 

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