How Much Does It Cost To Sell My Home On A Short Sale?

The Cost of A Short Sale:

I often get asked by a potential client exactly how much it costs to sell a home on a short sale.  After all, there are typically all sorts of fees when you sell a home.  A short sale is different.  The goal of the short sale is to get the lender to agree that you don't have to bring any money to closing!

There are typically Title Fees, Proration of the taxes that are due to the county, recording fees, potentially seller paid closing costs that the buyer uses and real estate commissions.  The good news is that we (The Twin Cities Short Sale Realtor) work with the lender to pay all of these fees.  Approximately 95% of the time, your lender pays all the fees.  The other 5% of the time, the lender may decide to not pay certain nominal title fees that don't add up to a lot.   In any event, the fees that you may be responsible for are very low, of not $0.

Contact the Twin Cities Short Sale Realtor today to discuss your personal home selling situation.