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Are you thinking about selling your house? If so, right off the bat, you might start wondering about the cost of selling a house versus how much you’ll get for your home from a buyer. There are any number of ways to spend money when you’re selling a home. First and foremost, the real estate agent’s commission fee comes to mind. Granted, that will come up, but there’s much more involved in real estate transactions like miscellaneous costs, taxes, fees, and more. Take a look at the final home sale price and cut about 10% off of it and you will have a good idea of how much you may end up spending in the long run.

So you’re aware of them ahead of time, we are going to look at some potential costs that could be involved in selling your home. Each and every one of them may not need to be dealt with, depending on your situation. But at least you have an idea of what to expect.

Remember that if doing extra work on your home before you sell just seems like too much work or cost, there are companies in existence who will buy your house as is.

Let’s look at some potential costs of selling a home.

Preparing Your Home for Sale

People will be more likely to make an offer if your home looks its absolute best. Getting your home in “sale condition” may be easier for some than others. To make the best first impression, consider spending money in these four areas:

  • Staging your home
  • Attractive landscaping
  • Repairing things that need it
  • Upgrades and improvements

Negotiating a Price

To get your home ready for sale, you’ve paid all your initial costs and listed it. You’re waiting for some offers. More costs, however, are on the way. Here are some of them:

  • Your agent’s commission
  • Concession costs (title costs, processing fees, inspection fees, price negotiation, etc.)

Making the Deal

You’re ready to sell. Final terms have, at last, been agreed to by the buyer. But wait… there are more costs!

Namely, closing costs.

Depending on the area in which you live, numerous things can be included in closing costs. Relatively common, however, should be the consideration of title fees, transfer fees, credit report fees, property survey fees, appraisal fees, and insurance fees. Before closing, other costs may also be included like unpaid HOA fees, mortgage prepayment penalties, payoff costs, and more.

If, on Texas’ open-market, you’re going to sell a house, some of the highest closing costs in the nation await you. If, let’s say, your house was selling for $200,000, closing costs (possibly split between the seller and the buyer) could equate to $2000 to $3000.

Modern Feather Properties Can Help – Whether You Want to Buy or Sell a Home

Would you like to sell your home in or near Haslet, Texas? Or, perhaps, you would like to buy a Haslet property? We can help you buy or sell. To get started, contact Modern Feather Properties LLC. We are a family/veteran owned real estate investment company providing flexible solutions for today’s homebuyers and homeowners. 

Modern Feather Properties is located at 536 Vidalia Court, in Haslet. Call 214-531-3310 to speak with a representative. If you prefer, email us at josh@modernfeather.com.