AFY Godwin Sekyere - FSBO V2

CHAPTER 3

WHAT ARE THE COSTS OF FSBO?

When engaged in a transaction, it can be difficult to understand all of the costs. Regardless of whether an agent is involved or you are selling the property on your own, you are going to have costs. This chapter will help break down the different costs involved so you can easily understand the expenses associated with selling your house—while putting more money in your pocket with these proven strategies. BREAKING DOWN THE BOTTOM LINE Included in this section is a list of the most common costs that you may incur while selling your property. Some items may not be relevant to your specific situation, but if they are, you may find it helpful to write in the amount for each section.

Back Payments and Taxes = $________________ When you go to sell your house, if you have missed any payments, or if your house is in foreclosure, there may be back payments that you will be required to catch up on. There may be other liens on your house as well, including Home Owners Association (HOA) fees, taxes, or other payments.

One important thing to keep inmind is that there may be penalties tied to these back payments, liens, or taxes. These extra costs are important to factor in from the start because you will not be able to sell your house until they are paid.

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