Remove Closing costs Remove Renovation Remove Seller concession
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How Long Should You Live in a House Before Selling? Here’s What to Consider

Redfin

The costs and scope of these upfront costs will vary depending on the type and condition of your property, but some major costs to consider are pre-sale home inspections , making repairs or upgrades, home photography, and staging. Before determining when to sell your property, you should estimate what your closing costs will be.

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What Is an Appraisal Gap? How It Works and What Buyers Should Know

Redfin

Recently renovated homes or those with upgraded kitchens, bathrooms, or major systems (like HVAC or a new roof) tend to appraise higher than homes needing significant repairs or updates. For example, if the gap is $10,000, you might ask the seller to reduce the price by $5,000 while you cover the remaining $5,000.

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How Much Equity Do I Have in My Home? Here’s How to Calculate Home Equity

Redfin

Ideally, you would have enough equity to cover commissions, any liens, and closing costs. If you dont have enough equity to pay these costs, youll have to bring your own funds to pay them. If youre considering selling your home, its also a good idea to know how much equity you have. Yes, you can have negative equity.

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Selling your home? Make sure you’re aware of hidden costs

Housing Wire

According to Zillow and Thumbtack’s Hidden Costs of Selling Analysis , the average homeowner spends over $15,000 in “hidden costs” to sell their home. . While a real estate agent’s commission is one of the most expensive costs, it definitely isn’t the only one. Seller Concessions. Bottom Line.

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What is a 2-1 temporary rate buydown?

Housing Wire

A 2-1 buydown can be paid for by the homebuyer or the home seller can pay for it as a seller concession. A 2-1 buydown as a seller concession can sometimes make it easier and faster for home sellers to sell their home for a good price. How does a 2/1 rate buydown work? What are the pros and cons?

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A 2-1 temporary rate buydown can help you with on-the-fence buyers

Real Trends

A 2-1 buydown can be paid for by the homebuyer or the home seller can pay for it as a seller concession. A 2-1 buydown as a seller concession can sometimes make it easier and faster for home sellers to sell their home for a good price. How does a 2/1 rate buydown work? What are the pros and cons?

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What Is the Average Cost to Sell a House in California?

HomeLight

The total cost to sell a house in California depends on your specific situation. You can probably expect to run into these common expenses for home sellers in California: Prepping your house for sale. Seller concessions. Closing costs. Many factors influence the cost of prepping your home for sale.