Selling Costs
You’d think selling your house or apartment means getting a big chunk of money in your bank account… wouldn’t that be the dream? But before it gets to that you have to consider selling costs. On top of a real estate agent’s commission, you’ll have to think about transfer taxes, home warranties and credits for the buyer, closing costs and, last but not least, capital gains taxes.
But for greater chances of attracting a buyer, you’re probably going to have to stage your place too, not to mention sprucing it up with some fresh paint. You’ll also be expected to do some landscaping. All in all, that’s a good chunk of money you have to be prepared to part with.
