article thumbnail

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.

article thumbnail

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?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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?

article thumbnail

A Guide On How To Sell Your House Fast

Redfin

It costs close to ten percent of a house’s selling price to sell your home. In addition to real estate commissions, you may also have to pay for: Repair and renovation. Seller concessions. Transition and overlap costs. Moving costs. Plus qualifying renovation costs are tax-deductible.

Staging 61
article thumbnail

11 Things to Do Before Listing Your Home That Are Worth the Effort

HomeLight

Gather repair and renovation records. If you’ve lived in your home for a significant length of time, chances are you have the records or receipts for appliance repairs and upgrades, renovations big and small, as well as services to your HVAC and fireplace. That’s why agents may recommend light renovation projects. Escrow fees.

article thumbnail

16 Tips to Win a Bidding War on a House

The Close

That showed the sellers that my clients were more invested and serious about purchasing the home. Don’t Ask for Seller Concessions In many transactions, asking the seller to cover some of the associated home purchasing costs is customary. That could be a pretty sizable chunk of money from the seller’s profit.

article thumbnail

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.