Can I Sell a Home After Owning It 2 Years? Here Are 8 Things to Consider
HomeLight
JULY 25, 2022
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.
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