Compare net proceeds, never price against offer
The gap between headline price and money received is routinely fifteen percent or more once commission, repairs and carrying costs are counted.
Speed has a price. These reduce what it costs you.
The gap between headline price and money received is routinely fifteen percent or more once commission, repairs and carrying costs are counted.
Some offers labelled cash contain inspection or assignment clauses that let the buyer renegotiate after you have stopped marketing.
Every unsold month costs mortgage interest, tax, insurance and maintenance. On most homes that is thousands, and it narrows the gap considerably.
Roof, systems and visible damage matter. Cosmetic upgrades chosen for taste rarely return their cost.
Finding problems before a buyer does converts a renegotiation into a disclosure, which is far cheaper.
It is set in the listing agreement, not by law, and both sides of it are negotiable.
The payoff includes interest to the closing date and any fees. It is always higher than the balance on your statement.
Two of the previous five years as your main home removes a substantial gain from tax. Missing the threshold by weeks is expensive.
What a fast cash sale really nets against listing on the open market.
Real EstateEvery deduction between the sale price and the cheque you actually receive.
Mortgage & PropertyFull monthly payment including tax, insurance, PMI and HOA — plus the amortisation curve.