Remove Days on market Remove Principal Remove Short sale Remove Staging
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Can I Sell a Home After Owning It 2 Years? Here Are 8 Things to Consider

HomeLight

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. It also does not have to be the two years immediately preceding the sale. Expect to pay 9%-10% of the sale price.

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Can I Sell a Home After Owning It 1 Year?

HomeLight

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. Use a top agent to price it right: Pricing your home to sell may reduce the number of days on market (DOM) and allow you to cut your losses.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

How else would you and your clients understand how much is being paid in principal and interest over the years? Days on market (DOM). As a seller’s agent, you’re counting the days a listing is on the market. This can lead to a short sale, foreclosure auction, and/or the lender taking possession of the property.