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

HomeLight

Forgiven debt can include a short sale, foreclosure, deed in lieu of foreclosure, or loan modification. Closing fees to sell, which include title fees, transfer taxes, escrow fees, recording fees, and prorated property taxes (1%-3% of the sale price). Seller concessions (2%-6%). Overlap costs (1%-2%).

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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.