HomeLight

MARCH 31, 2021

Whether you’re selling a modern condo in Atlanta’s Midtown or a century-old property in Savannah’s Historic District, you need to know the closing costs sellers are responsible for in Georgia. The last thing you want is sticker shock when you review these subtractions in your seller’s settlement statement. Not in Atlanta?

Closing costs 103

Closing costs Closing Purchase and sale agreement Title search 103

HomeLight

MAY 3, 2023

“Depending on the price range of the home, I tell my clients that they need to be ready to spend 9%–10% of the sale price on selling costs, including the real estate agent commission and closing costs,” says Joanne McCoy , a top-selling real estate agent in Lincoln, Nebraska. Install fresh mulch for another $1,749 boost.

Seller concession 109

Seller concession Purchase and sale agreement Inspection Title 109

HomeLight

OCTOBER 30, 2020

Whatever stage you’re in, it’s natural to feel paralyzed with disappointment, sadness, and a sense of panic when those overdue notices and warnings come from your mortgage company. It costs money to sell a house. If your sale proceeds won’t cut it, the next question is whether you could bring money to the table to cover those costs.

Short sale 104

Short sale Banks Equity Mortgages 104

HomeLight

JULY 25, 2022

Here are a few of the details: Length of time: You must have used the home you are selling as your principal residence for at least two of the five years prior to the date of sale. This free tool will provide an estimate of the costs of selling your home and the potential net proceeds you might earn. Seller concessions (2%-6%).

Closing costs 104

Closing costs Equity Short sale Agents 104

HomeLight

AUGUST 25, 2020

If you have a mortgage on your home, your housing payment will be the same every month — but in the first couple of years, the vast majority of that overall payment will likely go toward interest and will barely touch the principal balance. The longer you stay in the home, the greater portion of the monthly payment goes toward the principal.

Principal 73

Principal Equity Seller concession Title 73

HomeLight

JULY 25, 2022

Here are some of the common concerns you may face: Cost of mortgage interest: At the beginning of your loan, a bigger percentage of your mortgage payment goes toward interest. Closing costs that add up: You paid these when you closed on this home, but you’ll probably have to pay them again if you sell it and buy another home.

Closing costs 101

Closing costs Equity Short sale Sales 101

HomeLight

FEBRUARY 25, 2022

You must have lived in the home as a principal residence for any two of the five years before selling. Testing the 5 year rule: How much does it cost to sell my home? If you’ve purchased a home within the past five years, you may remember the costs associated with purchasing it, from inspection fees to closing costs.

Seller concession 103

Seller concession Closing costs Investor Agents 103