A major concern questions / has a short seller is: "Who will pay your commission on a short sale?"
The answer is very simple. In a successful short sale negotiation, the lender pays the real estate commission and other fees. The fees are usually included are the following:
New Hampshire Bankruptcy Attorneys
Real Estate Commission 1-5-7% of the cost of the house
According to the lawyers' fees (I always help a lawyer to negotiate the transaction) $ 1,500 or more
3All back taxes, condo fees, water / sewage bills, etc. And ...- 'often do not pay taxes and all ...
4 Notes or secondary home equity lines of credit, this will not be paid in full, but new negotiations
5 typical closing costs, including stamps, deeds and other costs involving
These costs are all borne by the Bank in a transaction to succeed. A retail price of $ 200,000 to somewhere between $ 12,000 to $ 15,000 in fees for all secondary grades who and whatcost is looking to eliminate the secondary. Most likely, as the seller has no money was added to the closing table to bring much of these costs are borne by your lender, you have no expenses, if properly negotiated short sale.
If you call too late for payment and the bank and you are you exhasuted seems to have every opportunity to go to a pre-foreclosure specialist. Usually there are no fees for the seller and the benefits of a shortSelling is a way much better than if the bank foreclosure on your home.
Who pays taxes in a short sale?
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