Home » We Buy Houses Decatur Cascade Sylvan Hills » A Breakdown of the Holding Costs You Will Face When Selling Your House With a Real Estate Agent

A Breakdown of the Holding Costs You Will Face When Selling Your House With a Real Estate Agent

A Breakdown of the Holding Costs You Will Face When Selling Your House With a Decatur Real Estate Agent

If you are an investor considering whether selling your Decatur, Atlanta Cascade, Collier Heights or Sylvan Hills home with an agent or selling direct to a buyer, there are several factors to consider. The number one factor to consider is you will more than likely sell it for more on the open market with an agent.  On the other hand, you can close much more quickly by selling directly to a direct buyer. Very rarely can you have the option of doing so with one company. Our real estate agent Kevin Polite, Solid Source Realty, Inc. can sell your home on the MLS or he can buy direct from you.  

Monthly Overhead

Utility bills that roll in like clockwork are included in the breakdown of the holding costs you will face when selling your house with a real estate agent. Agents can provide average days a house sits on the market, however, they can’t provide the date you’ll close on the property. This open-ended arrangement can quickly escalate into an extreme financial burden as the property lingers on the market.

Insurance

Homeowners insurance is another necessity and must also be counted in the breakdown of the holding costs you will face when selling your house with a real estate agent. It just isn’t worth the risk to try to save money and many lenders require insurance, in addition to PIP mortgage insurance if you still owe a balance of more than 80 percent on your mortgage note.

Taxes

IRS Filing Taxes for Your Investment Property

Property taxes wait for no one and will continue to accrue while your house is listed. You can easily determine your monthly cost by dividing the annual bill amount, the taxes will be prorated and included in your closing. This is another expense in the breakdown of the holding costs you will face when selling your house with a real estate agent.

House Payments

Your mortgage payments won’t wait for your buyer to come along, breakdown of the holding costs you will face when selling your house with a real estate agent. Naturally, your lender will expect your payments to continue.

Repairs

We Buy Houses in Decatur

Repairs are a never-ending theme of homeownership that needs to be incorporated into the breakdown of the holding costs you will face when selling your house with a real estate agent. In particular, as homes age repairs can literally drown you in unexpected expenses.

Upkeep

Maintenance also needs to be added to the breakdown of the holding costs you’ll face when selling your house with a real estate agent. Maintenance must remain ongoing, especially when your home is listed and you want to attract buyers. If you’ve already moved, you’ll have to add travel expenses or pay someone to help you monitor the property and keep everything in order.

All of these costs can add up to thousands while your house is sitting on the MLS. Why wait any longer? Sell to [company] instead! Save yourself the time, energy, and hassle of listing your home, we offer a quick and guaranteed closing date! You can forget about the utility bills, with no more homeowners insurance, property taxes, or mortgage payments to make. Repairs and maintenance will no longer be a concern. Call Kevin Polite, Solid Source Realty, Inc. 678-435-9991 today or send us a message to learn how we can help you!

Additional Articles:

How to Flip Your First House in Decatur, Atlanta Cascade, Collier Heights or Sylvan Hills

What You Should Know About Buying and Selling Fixer-Uppers

The Book on Estimating Rehab Costs

« Back to Home Page