Selling a Home in Aberdeen, South Dakota
Aberdeen sits in Brown County, where home sellers benefit from South Dakota's no state transfer tax structure. The biggest seller-side costs in Aberdeen are agent commissions, the owner's title insurance policy, escrow or settlement fees, recording fees, and — if your property is in an HOA — a transfer fee and resale certificate fee.
Aberdeen Title Insurance & Closing Costs
South Dakota title insurance and escrow fees are competitive across providers. The seller customarily pays the owner's title policy; escrow fees are usually split with the buyer. Recording fees in Brown County are a small fixed cost at closing.
How to Estimate Your Aberdeen Net Proceeds
- Sale Price: Start with the agreed contract price for your Aberdeen property.
- Mortgage Payoff: Subtract your remaining loan balance and accrued interest.
- Closing Costs: Deduct commissions, owner's title insurance, escrow/settlement, recording, and any HOA transfer fee.
- No State Transfer Tax: South Dakota charges no state-level transfer tax — skip that line entirely.
Aberdeen Net Proceeds = Sale Price − Mortgage Payoff − Commissions − Closing Costs