No detailed information = no good answer.
Therefore equity in a property depends on what you paid for it, how much down and what your current
loan amount owed is, then it depends largely on the market area you live in and then an experienced
Realtor will view your home and compare it to other homes currently on the market and those recently sold. Then the Realtor will come up with a price range for the potential listing price, and discuss with
you the best and worst scenario of the final sale price, and therefore calculate for your the approximate
net to seller this app. amount will tell you if you can afford to sell and move on, or not
It will also tell you if you do or do not have equity in the home, at the closing table you have to pay
the loan amount you owe, the outstanding taxes, the real estate commissions and all fees related
to the closing, title search, land survey and other....
So you really need to connect with an area experienced Realtor to be of guidance and assistance.
If you need a recommendation let us know.
EdithSellsHomes@gmail.com
With @Properties Chicago, N. and NW Illinois and the fne Homes on the North Shore... more
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Roberto
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804-288-2945
dsamperry@hotmail.com... more
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