Just because you have $ 200,000 dollars in your pocket. The fact is, the fact is, that you will be able to make a profit. It never ceases to amaze me when I am going to buy it.
Selling your home will cost you dearly. Let's look at the figures. Let's assume that you are listing your home for $ 200,000 dollars with a real estate agent. The first thing you can think of is to get the job done. 95% of the asking price. So now the seller is down to $ 190,000 dollars. The second thing most sellers do not understand. This figure is negotiable but usually ranges between 1 to 3 percent of the selling price. So we will assume 2 percent. So now the seller is down to $ 186,200 dollars. Buy the $ 600 dollars around.
In addition to the home warranty the seller will be asked to repairs on the house. This obviously could vary greatly. Typically the amount will be $ 2,000 dollars around. So now the seller is down to $ 183,600 dollars. So what other cost could be included? This means landscaping and paint. This means landscaping and paint. These two items could cost $ 1,000 to $ 10,000 dollars. So for our example we will estimate $ 3,000 dollars. So now we are down to $ 180,000 dollars. Of course if you have already moved out of your house. This could get expensive. For our example we will assume the seller is still in the home. The last big cost to selling your home is the agent & # 39; s fee. This is between 5% and 7% of the selling price. So for our example we will use 6%. If you want to buy $ 168,600 dollars. That is a big difference!
So why do not you go home? I do not know. Trying always the best. home investor . Investors are in the business of buying homes. An investor typically does not care what the home looks like. They will be able to pay cash and close quickly. Best of all there is no agent involved. Think about it. I would like to have a look at the price of $ 168,000 dollars. But knowing what you have to know now, what if an investor offers you $ 175,000 dollars. Would you consider this offer? Before you sell your home, you will be able to buy the goods.
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Source by Jordan S Ashton