HomeLight

OCTOBER 31, 2024

In this post, we explore the question: Are closing costs tax deductible? What are examples of seller closing costs? When selling a home, you’ll encounter various closing costs as part of the process. On average, sellers pay between 2% and 5% of a home’s sale price in closing costs.

Closing costs

Keeping Current Matters

JULY 21, 2025

For Sellers , Agent Value , Selling Tips Don’t Make These Mistakes When Selling Your House Facebook Twitter Pinterest LinkedIn Are you thinking about selling your house? Some common mistakes today can make the process more stressful or even cost you money. ” That’s where your agent comes in. Learn more!

Agents

Housing Wire

JUNE 25, 2025

Fewer turned to mortgage lenders (7%), government websites (5%) or nonprofit organizations (1%) as their first choice. Department of Housing and Urban Development (HUD) often provide access to detailed information about down payment assistance, closing cost programs, credit improvement strategies and budgeting tools.

Closing costs

Redfin

FEBRUARY 18, 2025

Can you roll closing costs into your mortgage? Basically, folding your closing costs into your loan means you’ll need less cash upfront at closing. Your lender can explain their specific policies, the rules around this practice, and which costs are eligible to be rolled into the mortgage.

Closing costs

Housing Wire

JUNE 24, 2025

Rocket Mortgage , the home lending arm of Rocket Companies , announced Tuesday it will now offer bridge loans , a short-term financing option that helps homeowners tap into their equity while selling their current property. In terms of pricing, the product is similar to a traditional closed-end second mortgage.

Loans

Housing Wire

APRIL 7, 2025

We need to make sure our agents are ready to help them take that next step. In our community, many first-time buyers were using those to buy down interest rates or cover closing costs. When I started, commercial brokers were majority white males, and it was hard to break in, Herrera said. Our community is resilient.

Commercial

Redfin

FEBRUARY 20, 2025

Closing costs arent just a buyers responsibility – sellers have their own expenses to consider as well. On average, sellers can expect to pay between 6% to 10% of the sale price in closing costs , including agent commissions, transfer taxes, and title fees. What are closing costs for sellers?

Closing costs

Keeping Current Matters

JUNE 12, 2025

For Sellers , Agent Value , Selling Tips Your House Didn’t Sell. And here’s what most agents won’t tell you. Over 70% of homeowners who re-list with a different agent sell their house. Re-list with the same agent? And if your last agent didn’t set that expectation with you, that’s a real shame.

Staging

Housing Wire

FEBRUARY 19, 2025

Buyers agents are not just bright smiles that open doors were the guide our clients rely on to navigate the homebuying process. Thats why having a definitive homebuying checklist is an essential part of your agent toolkit. Take the time to walk them through what they can expect from showings to closing day.

Closing

Redfin

JUNE 5, 2025

The absence of mortgage payments, the speed of closing, and the strong appeal to sellers are undeniable benefits. Many cash buyers assume that by sidestepping a home loan, they also bypass the complex array of fees associated with closing. These are not tied to a mortgage but are inherent to transferring property ownership.

Closing costs

BAM Media

DECEMBER 19, 2024

If you ask buyers, sellers, and agents what 2025 holds for the housing market, youll get one clear answer: Its complicated. With home prices expected to rise, mortgage rates still in flux, and buyers and sellers split on key market dynamics, next year is shaping up to be anything but predictable.

Marketing

HomeLight

MAY 27, 2025

Closing Cost Calculator for Florida: Seller Averages This free calculator can help home sellers in Florida estimate their closing costs and net proceeds. To get a ballpark idea of the cost of selling a house in the Sunshine State, enter the information for each of the input fields above.

Closing costs

HomeLight

OCTOBER 28, 2024

You can check real estate websites or consult with a local agent to get an idea of average days on market and recent sale prices. Understanding your motivation will also assist your agent in tailoring the home-selling process to your needs, whether it’s selling quickly or maximizing profit. Can you afford the cost of moving?

Pre-approval

BAM Media

AUGUST 6, 2025

BAM Key Details: Based on Cotality’s From House to Home report, 75% of buyers said their agent provided helpful guidance, but only 8% felt confident after finding the right home. According to Cotality’s From House to Home report , that kind of timing is what separates agents that buyers trust from the ones they don’t call back.

Agents

Lighter Side of Real Estate

APRIL 29, 2025

Here are some common examples: Money toward closing costs A seller might agree to cover part (or all) of the buyers closing fees, which can be thousands of dollars. Mortgage-rate buydowns Sellers may contribute funds to help lower the buyers mortgage interest rate for the first few years or for the life of the loan.

Seller concession

The Close

NOVEMBER 25, 2024

However, it’s undeniable that the upfront costs can be pricey. Multifamily mortgage loans typically require 20% of the property price for a down payment, and there are inevitable maintenance and property management costs. The higher the home’s sale price, the higher your closing costs.

Purchase and sale agreement

Windemere Selling

MARCH 3, 2025

Look to your real estate agent for advice and keep the following guidelines in mind. Youll have time to ensure the facts are correct and be able to dispute mistakes before your mortgage lender checks your credit. 3 Know What You Want You and your real estate agent should both be clear about the house you want to buy.

Pre-approval

BAM Media

APRIL 28, 2025

But real estate agents do it every day. The truth is, what you say and how you say it directly impacts your ability to win clients, handle objections , and ultimately close deals. The truth is, what you say and how you say it directly impacts your ability to win clients, handle objections , and ultimately close deals.

Agents

BAM Media

JANUARY 17, 2025

We know that real estate agents show up for their communities on a regular basis. Being able to guide them through their biggest questions is crucial, starting with: What happens with my mortgage when my home was destroyed? Do I still have to pay my mortgage? 1: My home burned down. The short answer? The short answer?

Mortgages

Redfin

JUNE 27, 2025

Key Takeaways: Shopping mortgage rates, reviewing your credit report, and looking into first-time home buyer programs can improve your financial situation and increase your choices. Don’t skip critical steps like the home inspection or negotiating closing costs. For instance, on a $350,000 mortgage, a 3.5%

Pre-approval

Redfin

JULY 29, 2025

A lot of people will ask “Is down payment included in closing costs?” It’s easy to get them confused because they’re both big upfront costs you pay when you’re in the homebuying process. Closing costs are all the fees for the services needed to finalize the home sale.

Closing costs

The Mortgage Report

JULY 4, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? Cash-out refinances can be costly due to high fees and restarting your mortgage.

Equity

The Close

NOVEMBER 25, 2024

I’ll walk you through everything from figuring out if this strategy suits you to finding listings and ultimately closing the deal on the property. Preforeclosure houses typically occur when a homeowner falls behind on mortgage payments, which results in loan default. What Is a Preforeclosure Property?

Hard money loan

The Mortgage Report

JUNE 24, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? The average borrower now sits on $302,000 in equity. In 2025’s first quarter , U.S.

Equity

Redfin

MARCH 4, 2025

As you’re looking to buy a home, it’s possible that you may not have a real estate agent. Whether you weren’t planning on buying a home and suddenly found a home you want to make an offer on, or maybe you worked in real estate, there are reasons that you may be buying a home without an agent.

Pre-approval

Redfin

JULY 18, 2025

While 20% down can help you avoid mortgage insurance, many buyers put down less – especially with FHA or conventional loans. Closing costs In addition to your down payment, plan for closing costs , which typically range from 2% to 5% of the purchase price. Monthly payments Think beyond the mortgage itself.

Pre-approval

Redfin

JULY 31, 2025

Selling a house with a mortgage isn’t unusual. In fact, most homeowners still have a mortgage when they sell. The key is knowing how to navigate the process so you walk away with money in hand – without being blindsided by fees, delays, or worst-case scenarios where you owe money just to close. Either way, guesswork is risky.

Mortgages

The Mortgage Report

JULY 10, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? Can You Refinance a Home Equity Loan Without Refinancing Your Mortgage? How Much Home Can I Afford?

Equity

Redfin

JULY 9, 2025

Limited negotiation While it is possible to negotiate a new construction home price, builders are more likely to offer incentives like upgrades or assistance with closing costs. Higher utility costs Some existing homes have less energy-efficient aspects like poor insulation or HVAC that could increase utility costs.

New Construction

Redfin

JULY 15, 2025

This Redfin guide is here to be your checklist, breaking down the upfront costs you’ll need to cover to actually close on your home and make it yours. From inspections to closing fees, here’s what you should know (and plan for) before you get the keys. Closing costs So, what are closing costs ?

Closing costs

The Living Room

MAY 2, 2025

Securing Financial Backing: Early engagement with a lender to understand your mortgage options and get pre-approved is crucial. Prospective buyers should account for closing costs, inspections, and the ongoing maintenance associated with homeownership.

Earnest money deposit

The Mortgage Report

JUNE 10, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? Not just the affordability of the house itself, but with closing costs rising, etc.,

FHA 203k rehab loan

Redfin

JANUARY 10, 2025

Arguably, the most important variables to consider before you make the decision to sell are home equity, transaction costs, and local market conditions. Home equity Home equity is a term that measures the value of a home to its owner after all debts and liabilities (like a mortgage ) have been paid.

Seller concession

HomeLight

MARCH 24, 2025

Youre behind on the mortgage with no way to catch up, and now youre facing foreclosure. Who pays closing costs in a short sale? Can I hire any agent to handle my short sale? Find a Top Agent For Your Short Sale HomeLight data shows that top-performing agents sell homes more quickly and for more money than average agents.

Short sale

Windemere Buying

JUNE 23, 2025

Find an Agent That Prioritizes Your Goals and Timeline A trusted real estate agent is more than just a facilitator; they’re a guide, negotiator, and advocate. 9 – 7 Months Out Assess Your Finances Take a close look at your income, debt, and spending habits. These goals will act as a compass throughout your search.

Pre-approval

HomeLight

MAY 22, 2025

Closing Cost Calculator for Colorado: State Averages This free calculator can help home sellers in Colorado estimate their closing costs and net proceeds. To get a ballpark idea of the cost of selling a house in the Centennial State, enter the information for each of the input fields above.

Closing costs

The Mortgage Report

JUNE 23, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? Can a Wholesale Mortgage Lender Save You Money? How Much Home Can I Afford?

FHA 203k rehab loan