How Much Do Schenley Park and Coral Terrace Sellers Actually Walk Away With?
Seller net proceeds in Miami-Dade County typically run 91 to 93 percent of the sale price after real estate commission, documentary stamp tax, closing fees, and prorated property taxes — before subtracting any remaining mortgage balance. The biggest cost is almost always commission (5 to 6 percent), followed by documentary stamp tax (0.60 percent for…
