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 Selling my first house, What need to be pay

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TSAdrian1981
post Dec 17 2016, 02:04 PM, updated 9y ago

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Hi all ,

I'm selling my first property through agent. Can anyone advise what I need to pay?
I bought it 200k, now selling it for 350k. Agent will charge me 2%.

This is what the costs I know I need to pay :

Agent fees: 2% of 350k = 7000
Loan lock in period = 3 years, so no penalty.

Did I miss anything else ?
TSAdrian1981
post Dec 17 2016, 02:37 PM

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QUOTE(JustNobody @ Dec 17 2016, 02:12 PM)
1) RPGT if less than 5 years from your s&p you bought.
2) Lawyer fees.
*
My property is 4 years + from the snp date , how much do I need to pay ?

Can't I use buyer lawyer so that I don't have to pay for it !?


This post has been edited by Adrian1981: Dec 17 2016, 02:38 PM
TSAdrian1981
post Dec 17 2016, 05:13 PM

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Ok so just to summarize :

1) 2% of the agent fees
2) RPGT - 15% of the profit I made
3) lawyer fees

Is that all ? If so, how much is the lawyer fees costs roughly !! Just want to have a rough estimation see if it is worth it to let my unit go or not


 

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