When you get an offer on your home you can accept it the way it is, refuse it, or respond with a counter offer. In all three scenarios you need to estimate the amount of money you will walk away with when the transaction is complete. Here are some common fees: Payoff amount of present mortgage, Real Estate commissions, Legal costs, tax transfers, property tax, inspections, etc…Make sure you know what your fees are and don’t be surprised at closing! A good real estate agent can guide you in this process.