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Selling your home? Make sure you’re aware of hidden costs

Housing Wire

From staging fees, home improvements, repairs and seller concessions, there are several hidden costs involved in the selling process. Home improvements and renovations are also important to buyers. Seller Concessions. A concession is when the seller agrees to pay part of a buyer’s closing costs.

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What is a 2-1 temporary rate buydown?

Housing Wire

A 2-1 buydown can be paid for by the homebuyer or the home seller can pay for it as a seller concession. A 2-1 buydown as a seller concession can sometimes make it easier and faster for home sellers to sell their home for a good price. How does a 2/1 rate buydown work? What are the pros and cons?

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How non-QM loans boost mortgage originator for success in 2025

Housing Wire

Beyond that, Deephaven allows up to 3% seller concessions at closing. Equity solutions Home renovations and debt consolidation are two avenues toward financial prosperity for borrowers. This loan type offers up to $2 million in financing.

Loans 343
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What is a home appraisal gap?

Housing Wire

Four renovations to consider before selling your house. Ask for seller concessions to make up for the increased price. Change your closing date to a more convenient one for the seller. But what does it mean for you as the buyer? Well, there are two scenarios you could find yourself in. More for Real Estate Enthusiasts.

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A 2-1 temporary rate buydown can help you with on-the-fence buyers

Real Trends

A 2-1 buydown can be paid for by the homebuyer or the home seller can pay for it as a seller concession. A 2-1 buydown as a seller concession can sometimes make it easier and faster for home sellers to sell their home for a good price. How does a 2/1 rate buydown work? What are the pros and cons?

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How Much Should I Budget to Sell My House? Here’s the Average Cost

HomeLight

Sample seller expenses for a $453,300 house. Cost to seller. Seller concessions. Major home repairs and renovations. The type of home repairs and renovations a seller should complete remains one of the more variable costs, but could end up one of the pricier expenses for a seller.

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What Is the Average Cost to Sell a House in California?

HomeLight

You can probably expect to run into these common expenses for home sellers in California: Prepping your house for sale. Seller concessions. The potential cost is why it’s vital that before undertaking any large renovation projects or repairs, consult with your Realtor®. Seller concessions.