HomeLight

APRIL 29, 2021

Loan payoff includes the remaining principal and interest owed up until closing. Seller concessions. Sellers may owe money at closing for financing concessions they agreed to pay for during the negotiation process to help close the sale. One of the most common seller concessions is repair credits.

Closing costs 61

Closing costs Closing Seller concession Homeowner’s association 61

HomeLight

MARCH 31, 2021

Although many closing costs are negotiable, sellers in Georgia are traditionally on the hook for the following: 1. Loan payoff includes the remaining principal and interest owed up until closing. Seller concessions. Examples of concessions include cash to cover closing costs , necessary repairs, and home warranties.

Closing costs 96

Closing costs Closing Purchase and sale agreement Title search 96

HomeLight

MAY 3, 2023

Staging and prep costs 1%-4% Inspections and repairs varies Title, settlement, and taxes 1%-3% Seller concessions 0%-6% Get a Free Home Value Estimate Enter a few details about your home and we’ll provide you with a preliminary estimate of home value in less than two minutes.

Seller concession 109

Seller concession Purchase and sale agreement Inspection Title 109

HomeLight

AUGUST 25, 2020

If you want to, you could sell your house immediately after the paperwork says it is officially yours,” says Kimberly Porter, CEO of Microcredit Summit , a top personal finance publication. The longer you stay in the home, the greater portion of the monthly payment goes toward the principal. Inspection and repair fees (varies).

Principal 68

Principal Equity Seller concession Title 68

HomeLight

JULY 25, 2022

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. Prep, staging, closing costs, inspections, real estate commissions, and other fees associated with selling your home add up. Seller concessions (2%-6%).

Closing costs 91

Closing costs Equity Short sale Agents 91

HomeLight

JULY 25, 2022

Prep, staging, closing costs, inspections, real estate commissions, and other fees associated with selling your home add up. Inspection and repair fees (varies). Seller concessions (2%-6%). Expect to pay 9%-10% of the sale price. The standard 5%-6% Realtor® commission fee for the sale. Overlap costs (1%-2%).

Closing costs 88

Closing costs Equity Short sale Sales 88