When you are thinking about Selling your house, you are probably thinking only about the profit you are going to make after Closing a sale. However there’s also cost associated with a home sale which you have to be aware of as well as it will reduce your profit at the end. Home selling expenses are not necessarily negative aspects because at the end of the day they are going to actually help you to sell your property. You should keep in mind also that many of these expanses are negotiable and you can control all the process of how you are spending your money. So let’s take a look at what expenses I’m talking about here.
First of all you should take into consideration the cost to get your property into a Buyer friendly condition which means you should fix up any broken windows, newly paint the walls, replace any broken appliances and also address other bigger maintenance problems such as plumbing, heating and air conditioning. It might seem like a lot of money you have to spend on this, but the best way is to consult with your real estate agent because they will know what buyers pay attention to the most when looking at the property and that’s what you should concentrate on. You should also do a major cleaning and clean up the debris in your house. Secondly you should take into consideration Closing Costs. Probably the biggest closing cost for a seller is a realtor commission which is about six percent in the state of California. Other closing costs such as escrow you should negotiate with a buyer.
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