Redfin

MARCH 4, 2025

One of the benefits of homeownership is building equity – the amount of the home you actually own. Home equity can be used to help you buy a new home, make improvements to your house to increase its value, or pay off debts. So, how do you calculate how much home equity you have? How is home equity calculated?

Equity 35

Equity Loans Seller concession Short sale 35

HomeLight

DECEMBER 2, 2021

But before you box up your prized LEGO® collection and book a moving truck, you need to answer the nagging question at the back of your mind: What’s it going to cost to sell my house? In this guide, we dive deep into what costs sellers should expect to pay. Sample seller expenses for a $453,300 house. Cost to seller.

Seller concession 122

Seller concession Staging Inspection Renovation 122

HomeLight

MAY 3, 2023

But in focusing on the equity portion, people are often surprised to learn how much it costs to sell a house in the U.S. Using recent sales records, market trends, and your home’s latest selling price, HomeLight’s Home Value Estimator provides a preliminary range of value for your property in under two minutes.

Seller concession 111

Seller concession Purchase and sale agreement Inspection Title 111

The Mortgage Report

JULY 1, 2025

These numbers indicate that buyers nowadays are feeling the pinch of today’s market. Housing costs are near all-time highs, and mortgage rates hover around 6.8%. Economic uncertainties like tariffs, potential recession risks, and the current housing market also play a role.” VA home loans rose to 7.2%

Loans 40

Loans VA loan FHA loan FHA 203k rehab loan 40

Realty Biz

JULY 31, 2023

Cash for the down payment, cash for closing costs, cash for repairs, cash for operating reserves. The idea is that you create enough equity when you renovate the property to then take a cash-out refinance once renovations are finished. But you then need to renovate the property, which costs money.

Seller concession 82

Seller concession Renovation Closing costs Equity 82

Redfin

JUNE 9, 2025

This is a common challenge in competitive housing markets, where roughly 8% of home appraisals come in below the contract price. This is particularly prevalent in real estate markets like Los Angeles, CA , Austin, TX , or Chicago, IL , where bidding wars often drive prices above the appraised value.

Purchase and sale agreement 48

Purchase and sale agreement Seller concession Equity Finance 48

Realty Biz

MAY 24, 2021

Finding outstanding deals takes skill and work, and then it takes a healthy buyer’s list and marketing strategy to find a buyer quickly for your contracted deal. You only need to put a small amount down as an earnest money deposit , and you get that money back either when the deal closes or if you put contingencies in place for it.

Earnest money deposit 124

Earnest money deposit Hard money loan Seller concession Investor 124

Real Trends

OCTOBER 16, 2023

However, this rise in first-time buyers helps explain what’s driving demand and keeping upward pressure on prices in a market with mortgage rates currently surpassing 7%. One of the primary reasons for this surge is the strong presence of millennials in the housing market, particularly those at the peak, around ages 33 and 34.

Agents 105

Agents Seller concession Closing costs Mortgages 105

HomeLight

SEPTEMBER 10, 2022

Of course, the biggest question on your mind is: Has the housing market held strong enough to actually see your home appreciate in value so you won’t lose money? According to Wiggs, even the active New York market has cooled down since last year. Our market is shifting a little bit, right? Get Estimate.

Closing costs 111

Closing costs Agents Seller concession Closing 111

Redfin

JUNE 10, 2025

This can create a significant hurdle in real estate transactions, particularly for those navigating the market with Redfin’s platform and agents. This guide offers clear, actionable steps and tailored insights for both buyers and sellers facing an appraisal challenge.

Purchase and sale agreement 31

Purchase and sale agreement Seller concession Finance Closing costs 31

HomeLight

FEBRUARY 25, 2022

The key thing for people to do is to gain knowledge of their market,” says Studebaker. Life happens, but there are options other than selling to help you build up enough equity in your home before putting it on the market. In a seller’s market, being knowledgeable on the tax implications is more important than ever.

Seller concession 111

Seller concession Closing costs Inspection Agents 111

HomeLight

APRIL 17, 2024

Selling a home the traditional way can be stressful and time consuming, especially in a shifting market. This enables you to skip many of the typical hassles of selling a house (repairs, showings, open houses), and close in as little as 10 days. Opendoor charges a 5% service fee and an estimated 1% for closing costs.

Seller concession 115

Seller concession Inspection Rent back Closing 115

Redfin

DECEMBER 27, 2023

18 housing trends that defined the year, including record mortgage rates, depleted inventory, and dwindling home sales 2023 was a difficult year for the housing market. Below are trends, data points, and visuals that defined the 2023 housing market. The market was extraordinary; it felt hot, even though very few homes changed hands.”

Marketing 66

Marketing Mortgages Investor New Construction 66

Realty Biz

SEPTEMBER 4, 2023

Finding outstanding deals takes skill and work, and then it takes a healthy buyer’s list and marketing strategy to find a buyer quickly for your contracted deal. You only need to put a small amount down as an earnest money deposit, and you get that money back either when the deal closes or if you put contingencies in place for it.

Earnest money deposit 85

Earnest money deposit Hard money loan Seller concession Investor 85

HomeLight

MARCH 13, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. Recently, a blazing hot real estate market and steep rise in equity adds extra incentive to maximize profits.

MLS 105

MLS Agents Mortgage pre-approval letter Sales 105

HomeLight

APRIL 13, 2023

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the previously hot Kansas real estate market and a steep rise in equity added extra incentives to maximize profits.

MLS 105

MLS Agents Sales Mortgage pre-approval letter 105

HomeLight

OCTOBER 11, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Iowa real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement 111

Purchase and sale agreement MLS Pre-approval Agents 111

Redfin

JUNE 28, 2022

The main concern is that having a home on the market longer than a few weeks can indicate to other homebuyers that there may be a problem with the house. Marketing and showing your home. In the face of a strong seller’s market , the prospect of selling for top dollar may be too good to pass up for some. Moving costs.

Staging 63

Staging Renovation Closing costs Agents 63

HomeLight

DECEMBER 8, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Washington State real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS 105

MLS Agents Sales Inspection 105

HomeLight

OCTOBER 11, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Michigan real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement 110

Purchase and sale agreement MLS Agents Sales 110

HomeLight

SEPTEMBER 30, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Wisconsin real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement 104

Purchase and sale agreement MLS Agents Inspection 104

HomeLight

OCTOBER 1, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Ohio real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS 111

MLS Pre-approval Agents Sales 111

HomeLight

NOVEMBER 21, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot South Carolina real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement 102

Purchase and sale agreement MLS Pre-approval Agents 102

HomeLight

NOVEMBER 21, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Louisiana real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS 105

MLS Agents Sales Land 105

HomeLight

DECEMBER 6, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Oregon real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS 105

MLS Agents Sales Inspection 105

HomeLight

OCTOBER 14, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Pennsylvania real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement 110

Purchase and sale agreement MLS Seller disclosure Agents 110

HomeLight

DECEMBER 13, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Virginia real estate market and a steep rise in equity added extra incentives to maximize profits.

Purchase and sale agreement 105

Purchase and sale agreement MLS Agents Sales 105

HomeLight

NOVEMBER 23, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot West Virginia real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS 104

MLS Agents Sales Closing 104

HomeLight

DECEMBER 6, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot New Jersey real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement 103

Purchase and sale agreement MLS Pre-approval Agents 103

HomeLight

NOVEMBER 14, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot New York real estate market and a steep rise in equity added extra incentives to maximize profits.

Purchase and sale agreement 103

Purchase and sale agreement MLS Agents Pre-approval 103

HomeLight

OCTOBER 14, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Illinois real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS 102

MLS Agents Sales Mortgage pre-approval letter 102

HomeLight

JULY 12, 2022

Properties typically remained on the market for 16 days, and nearly 90% of homes sold were on the market for less than 30 days. Even though interest rates are rising, inventory is low in many markets. So, the seller’s market is holding, but cooling. from the prior month and 8.6% from one year ago. Get Estimate.

Seller concession 111

Seller concession Closing costs Renovation Title search 111

HomeLight

JULY 25, 2022

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Primary reasons for this include lack of equity accumulated in the home and insufficient appreciation – an increase in property value. Get Estimate.

Closing costs 111

Closing costs Equity Short sale Agents 111

HomeLight

JULY 25, 2022

You can sell a home whenever you want, but expect financial consequences if you have little equity in it. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. or “Can I sell a home after owning it for one year?”.

Closing costs 110

Closing costs Short sale Equity Sales 110

HomeLight

JUNE 29, 2022

Comps give you a range for its “ market value ,” which you can then add or subtract from based on your home’s unique characteristics and features. Comps sold within the last 60 days are preferable because their sale price reflects current market conditions. What factors are used when finding comps?

MLS 111

MLS Seller concession Sales Agents 111

HomeLight

AUGUST 25, 2020

“Or perhaps it is just a seller’s market and selling makes sense, even after a short time.”. Real estate isn’t a get-quick-rich scheme: Although there are some hot markets that might see quick appreciation, in most cases the value rises slowly over a period of years. This type of appreciation is governed by forces in the market.

Principal 96

Principal Equity Title Seller concession 96

HomeLight

OCTOBER 30, 2020

If you list too late in the foreclosure process, you won’t have time to prep the house, and you’ll have to list at a lower than market value price just to get it to sell in time to beat the foreclosure clock. Get your house on the market so you have the time to sell at a fair price.”. It costs money to sell a house.

Short sale 105

Short sale Banks Equity Mortgages 105