Realm analyzed insights from banks, mortgage lenders, and real estate experts to determine 10 costs that can come with selling a home.
As a homeowner, selling a home at the right time—and to the right buyer—can be a pretty lucrative move, especially right now. The housing market has been soaring since rates dropped to new lows at the start of the pandemic. Even as rates have inched back up, swaths of buyers and investors continue to scoop up properties at record pace in markets across the nation.
While there are opportunities to capitalize on the buying trend that has taken hold nationwide, selling a home can also be a costly venture. Sellers are on the hook for numerous fees and costs related to the listing and closing on the sale of their homes, which can eat into the home sale profits significantly if they aren’t careful. That said, there are ways to maximize the profits earned on the sale of a home.
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