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How Long Should You Live in a House Before Selling? Here’s What to Consider

Redfin

The costs and scope of these upfront costs will vary depending on the type and condition of your property, but some major costs to consider are pre-sale home inspections , making repairs or upgrades, home photography, and staging. BiggerPockets recently launched PassivePockets, an educational platform dedicated to passive investing.

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Fees and Costs Associated With Selling a House in 2023

HomeLight

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.

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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.

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What to Know About Selling a House in New York State

HomeLight

Dennis Shirshikov , a strategist at Awning.com, a real estate company for investors, says sellers are better off pricing a home a little lower and attracting some extra bids. This is typically 1%-2% of the sale price, and is negotiable between the buyer and seller.

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10 Ways to Reduce the Cash You Need to Buy a Rental Property

Realty Biz

Cosmetic updates make a great first place to start, but once you get into structural or trade repairs like rewiring an old house, you start needing to pull permits from the local housing authority, suffer through inspections, and coordinate repairs with multiple specialist contractors rather than one single crew.

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What Is the 5 Year Rule for Selling a House? There Are Actually Two

HomeLight

A lot of the cash offers are from investors that are coming in and know what’s going on with rent rates,” says Studebaker. This helps separate the average homeowner from investors. Investors buy and sell homes annually for a profit, which counts as income. Inspection and repair fees (varies).

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A Guide On How To Sell Your House Fast

Redfin

Seller concessions. Using a local storage company, ideally temperature-controlled, is a great way to go so your stuff is completely out of the way for showings and home inspections. Sell to an investor: Another option is selling to a developer or a real estate investor. Landscaping and lawn care. Moving costs.

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