your home, what exactly it could sell for, what your closing costs and commissions would be, and other costs to close on the home sale, at the closing table you will have to pay off the remaining loan amount on your home, pay all your closing costs and any taxes you may owe, and the remainder then would be your net to seller....
So you need to make sure with your Realtor that with the app. sale price, and deducting from that all the costs you will have that there is money left over, and you do not have to bring money to the closing table.
So first discuss your home's market value and do discuss honestly with your Realtor the truly possible
net to seller.....
Edith YourRealtor4Life & Chicago and Northern Illinois Expert
Working always in the very BEST interest of her clients, Buyers, Sellers and Investors alike....
And always with a SMILE ïŠ
Covering for @Properties the city of Chicago, all N and NW suburbs, the fine homes on the
North Shore, and many of the W and SW suburbs, and with her trusted Partner Agents all of
the US and worldwide properties. Edith speaks French, German, some Spanish and other.....
@Properties ---- EdithSellsHomes@gmail.com
Check out my website at htttp://tinyurl.com/YourRealtor4Life
HAVE THE MOST WONDERFUL DAY :)
If you have a pre-pay penalty on your loan, that would be a disadvantage. If there is one, most loans are a 1-3 year pre-penalty. Please contact your lender and ask the question.
Paying off a loan looks good on your credit...no worries.
I can be reached via email or phone. firstname.lastname@example.org or 646-588-1720.