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

Housing Wire

DECEMBER 9, 2024

By March, were likely to see a healthy uptick in sales. Save strategically: Even with down payment assistance, youll need some savings for earnest money and closing costs. Many sellers are offering to cover 2-3% of closing costs. If youre looking to buy or sell, nows the time to start prepping.

Mortgages

Housing Wire

MARCH 4, 2025

Every time a Texan buys a home, they will spend less on closing costs. These groups have generally used the excuse of the increase in premiums collected due to increased sale prices, Cain said. This argument doesnt reflect the fact that when sale prices rise while premiums rise, so does the dollar exposure on risk.

Title

HomeLight

OCTOBER 24, 2024

Typically, a seller can expect to pay between 3% and 6% of a home’s sale price as commission, plus another 2% to 4% for closing costs , including taxes, settlement fees, and title fees. The average home sale price in Ohio was $302,384 in August 2024 compared to a 2023 average of $285,746.

Closing costs

Keeping Current Matters

JUNE 19, 2025

In that time period, there were far more buyers ( the blue line ) looking to buy than homes for sale ( the green line ). With more sellers than buyers, sellers may be more willing to pay for repairs, cover some of your closing costs, or lower their asking price.

Closing costs

Housing Wire

NOVEMBER 26, 2024

Although your sellers have already made a great decision by choosing to hire a real estate agent (which can add about $34,000 more to their final sale price), what year-end pricing strategies can you use to position your listings for maximum appeal? You might offer credit towards closing costs or cover specific fees.

Staging

Housing Wire

DECEMBER 16, 2024

The family-run brokerage firm recorded some legal w ins and losses , developed new tools for agents and clients , and navigated one of the slowest years for home sales in nearly three decades. of the loan amount) at settlement to use toward their closing costs.

Brokerage

Housing Wire

OCTOBER 31, 2024

“They’ve got us by the balls,” said one mortgage pro in an interview between sales meetings at Mortgage Bankers Association (MBA) Annual 2024 in Denver. Indeed, FICO argued in March that its royalties constitute just 15% of a tri-merge credit report and 2/10ths of 1% of mortgage closing costs.

Industrial

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

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

Keeping Current Matters

JUNE 26, 2025

According to the latest data , the number of homes for sale is rising back toward more normal levels ( see graph below ): But inventory growth is going to vary a lot based on where you live. If you’re in a market where the number of homes for sale is back to normal, buyers may have more sway than you’d expect.

Marketing

Keeping Current Matters

JULY 21, 2025

consider offering to cover some of the buyer’s closing costs or agree to a credit for a minor repair the inspector found.” Many homeowners may skip basic steps like reading reviews, checking sales history, and interviewing a few agents. make sure the buyer also feels like he or she benefits. Not a Member Yet?

Agents

Housing Wire

JUNE 24, 2025

Bridge loans are designed to help buyers cover down payments or closing costs on a new home before finalizing the sale of their existing one. The launch follows Rocket’s February 2025 rollout of RocketRentRewards , a program that offers closing-cost credits to renters.

Loans

Redfin

JUNE 5, 2025

Many cash buyers assume that by sidestepping a home loan, they also bypass the complex array of fees associated with closing. However, this is a common misconception.The truth is, even when you pay cash for a house, closing costs are a fundamental part of the transaction. This is a vital safeguard for your investment.

Closing costs

Keeping Current Matters

JUNE 12, 2025

That’s like leaving the fate of your sale to a coin toss. What we need to do now: We need to analyze the latest sales in your area to make sure you’re hitting the right number. Over 70% of homeowners who re-list with a different agent sell their house. Re-list with the same agent? And that’s not good enough.

Staging

HomeLight

MAY 14, 2025

Get a better idea of how much your home sale will cost using HomeLight's Closing Cost Calculator for Texas sellers.

Closing costs

HomeLight

MAY 15, 2025

Get a better idea of how much your home sale will cost using HomeLight's Closing Cost Calculator for Nevada home sellers.

Closing costs

HomeLight

NOVEMBER 27, 2024

How you navigate this back-and-forth can make or break the sale. Understanding how far buyers can push when negotiating a house sale is key to keeping the upper hand. Buyers can haggle over everything from closing costs to roof repairs — and sometimes even the Harley in your garage. Price is just the tip of the iceberg.

Closing costs

HomeLight

MARCH 24, 2025

In the midst of these financial straits, there may be a slightly better option: a short sale. But what is a short sale, and is it the right route for you? Weve broken out the most common questions about short sales to help you make a more informed decision about your next steps. What is a short sale? Find Agent 1.

Short sale

BAM Media

DECEMBER 19, 2024

Sellers remain confident in their ability to move properties quickly, with 72% expecting to close within 4 months or less.

Marketing

Marco Santarelli

APRIL 23, 2025

Despite some economic uncertainty, new home sales are actually exceeding expectations! New Home Sales Boom Defying Expectations in a Bumpy Economy A Surprising Surge in Sales The numbers don't lie. In March 2025, new single-family home sales reached a seasonally adjusted annual rate (SAAR) of 724,000 nationwide.

Sales

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

HomeLight

OCTOBER 28, 2024

A quick turnover can signal strong demand, potentially leading to a faster sale at a favorable price. 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. The software will automatically load listings marked as “Closed” and indicate the selling price.

Pre-approval

HomeLight

APRIL 30, 2025

If you’re planning on selling a house in Alabama, youve likely noticed that for-sale signs are lingering longer. Waiting for months to find a buyer may not work for your moving plans, especially if you need the proceeds from your home sale to buy your new house. What is Your Alabama Home Worth? What is Your Alabama Home Worth?

Sales

Lighter Side of Real Estate

APRIL 29, 2025

of home sales in the U.S. 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. So even if you offer money toward closing costs or repairs, you may still walk away with substantial equity gains.

Seller concession

HomeLight

OCTOBER 25, 2024

Disclaimer: Information in this blog post is meant to be used for educational purposes only, not as a guaranteed representation of closing costs. To find out exactly how much you’ll owe at closing as a seller in Washington state, work with a top local agent who can prepare a detailed net sheet breaking down each expense.

Closing costs

The Close

NOVEMBER 25, 2024

When looking into your finances, consider the following factors: Closing costs: These are generally 2% to 5% of the property’s sales price and include lender fees, title insurance, property insurance, and property taxes. The higher the home’s sale price, the higher your closing costs.

Purchase and sale agreement

HomeLight

JUNE 19, 2025

Get a better idea of how much your home sale will cost using HomeLight's Closing Cost Calculator for Miami sellers.

Closing costs

HomeLight

JUNE 24, 2025

Get a better idea of how much your home sale will cost using HomeLight's Closing Cost Calculator for Connecticut sellers.

Closing costs

HomeLight

JUNE 19, 2025

Get a better idea of how much your home sale will cost using HomeLight's Closing Cost Calculator for Delaware sellers.

Closing costs

HomeLight

MAY 19, 2025

Get a better idea of how much your home sale will cost using HomeLight's Closing Cost Calculator for Alabama sellers.

Closing costs

HomeLight

MAY 12, 2025

Get an idea of how much your home sale will cost using HomeLight's Washington Seller Closing Costs Calculator. Includes the state's REET tax.

Closing costs

Toronto Realty Blog

DECEMBER 9, 2024

Whether it was delays, deficiencies, material changes, closing costs, the occupancy period, or eventually – prices , I started writing about this in 2008 or 2009. But more importantly, production, sales taxes, and transfer taxes alone are over 3 times he Ontario median after-tax income household income.

Construction

HomeLight

APRIL 10, 2025

Timing the sale and purchase just right especially in a competitive market like Phoenix often adds extra pressure. You can then make a strong offer on your next home with no home sale contingency. Because bridge loans are designed for speed and convenience, they usually cost more than a traditional mortgage.

Equity

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

Windemere Selling

MARCH 3, 2025

4 Account for Hidden Costs In addition to the purchase price of the home, there are additional costs you need to take into consideration, such as closing costs, appraisal fees, and escrow fees. Now, divide the list into must-haves and nice-to-haves. #4 A great home in the wrong location can quickly become the wrong home.

Pre-approval

HomeLight

JUNE 30, 2025

Get a better idea of how much your home sale will cost using HomeLight's Closing Cost Calculator for San Diego sellers.

Closing costs