Remove Closing Remove Inspection Remove Seller concession Remove Short sale
article thumbnail

How to Sell a House With a Realtor®, From Home Prep to Closing Day

HomeLight

Your Realtor® will be able to help explain different non-monetary contract terms that might help sweeten a deal, including: A closing date that aligns with your timeline. Few (or zero) repair requests, contingencies , or seller concessions. Communicate through the inspection and appraisal. An all-cash offer.

Closing 96
article thumbnail

Can I Sell a Home After Owning It 2 Years? Here Are 8 Things to Consider

HomeLight

Deduct your outstanding mortgage balance and any costs of selling you incurred (such as real estate commission, closing costs, title fees, repairs, prep, and staging). Forgiven debt can include a short sale, foreclosure, deed in lieu of foreclosure, or loan modification. Expect to pay 9%-10% of the sale price.

article thumbnail

Can I Sell a Home After Owning It 1 Year?

HomeLight

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. Choose a short sale: If you’re behind on your mortgage payments or owe more than the home’s current value, you may want to think about a short sale as a way to avoid foreclosure.