1.  Seller's tax liability to date
In the State of Illinois, taxes are paid in the rears.  For example, the taxes paid in 2006 are actually for 2005's tax year.  When you sell your home, you owe taxes up to the date of closing.  Therefore, if you were to sell your home on December 1 of 2006, then you would owe taxes for 11 months.  Since the tax bills for 2006 are not determined until 2007, taxes are usually pro-rated at 105%.  For example, if you paid $4,000 in taxes for 2005's tax year, then you would owe $4,200 for all of 2006 or $3,850 (11 months) if you closed on December 1, 2006.

2.  Seller's title charges: These are approximately $860 for the 1st $300,000 (of the purchase price) and $1 for every $1,000 left.

3.  Deed tax stamp: $.75 per $500.00

4.  City transfer stamps: These vary from city to city.  Check here.

5.  Survey: Approximately $250, depending on the size of the lot

6.  FHA or VA discount points (if applicable): these vary depending on the financing of the buyer

7.  Attorney's fee: $300-$500

8.  Broker's commissions: This will also vary depending on the services provided.  My office typically charges 5-6%.

9.  Home warranty: $399 (if you decide to provide the buyer with a 13 month home warranty; this is typcically done with older homes)

10.  Other Expenses: $200-$400