A new RealEstateBees.com survey of over 1,000 active real estate professionals found average closing costs for sellers and buyers in New York.
We reached out to over 1,000 active real estate professionals from New York to collect their insight on the real estate closing costs across the state.
The results are part of the large-scale survey—Nationwide Real Estate Closing Costs Index—conducted by the Real Estate Bees, a leading online real estate platform.
In selling real estate when divorcing, the house is considered marital property if it was purchased together as a married couple.
Closing costs between the two selling parties can be negotiated through their attorneys if both parties agree to sell.
It can be a difficult process if one party wants to sell the home and the other wants to remain there.
Ultimately, who covers the closing costs would be up to the court as part of the divorce settlement.
— Dottie Herman, Douglas Elliman, Real Estate Expert/Vice Chair and Former CEO