Remove Development Remove Inspection Remove Seller concession
article thumbnail

Selling FSBO? Tally Your Closing Costs Without a Realtor

HomeLight

Additional closing costs may include any seller concessions, attorney fees, and the buyer’s agent’s commission. Beyond these closing costs, FSBO sellers cover expenses normally included in a listing agent’s commission, such as marketing costs. Seller concessions. Pre-listing home inspection. Property survey.

article thumbnail

Are There Disadvantages to the Seller Paying the Buyer’s Closing Costs?

HomeLight

To explore the potential drawbacks of paying for buyer closing costs as the seller, we spoke with Tara Limbird , an Arkansas-based agent who heads a team of real estate pros that was nationally ranked at the top one half of 1% of Realtors®. Buyers and sellers generally pay for their own closing costs — but everything’s negotiable.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Proceeds vs Profit: How Much Will I Make Selling My House?

HomeLight

Census Bureau and the Department of Housing and Urban Development (HUD), new home sales fell 16.6% Net proceeds represent the final amount of money a seller receives from selling a home after expenses such as commission, repairs, inspection costs, transfer fees, mortgage balance payoff, and other assorted fees are subtracted.

article thumbnail

How Much Are Closing Costs in California?

HomeLight

Agent commissions take the largest chunk out of the seller’s profits. Other closing costs generally incurred by California home sellers include transfer taxes , property taxes, and mortgage loan payoff. But Navarro cautions that seller concessions vary by county in California because the real estate markets differ. “In

article thumbnail

17 Tips to Sell Your House in a Down Market

HomeLight

Get a pre-listing home inspection. A pre-listing inspection can reveal potential problems including missing shingles, electrical issues, or water leaks. Having a detailed report of your major systems ensures no surprises will catch you off guard when a buyer’s inspection is done. Know what’s happening in the market.

Marketing 122
article thumbnail

How to Know a Roof Replacement is Needed

Realty Biz

Although replacing the roof may seem like a logical course of action, it may be more beneficial to negotiate a seller's concession with the home buyer. It is not unusual to be able to get a buyer to take a reduced concession off the price of the house or as a credit vs. doing a roof replacement.

article thumbnail

Beach Town Fun Meets Southern Charm: How to Buy a House in Myrtle Beach

HomeLight

While deals and seller concessions may be tough to come by, there are a few things you can do to make a competitive offer. Homes here tend to be mid- to high-rise condominium developments and single-family homes. Dawson notes a particularly high rate of HVAC systems past their prime during his Myrtle Beach-area inspections.