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>> Troy Huerta: What does it cost to short sell your home?
That's a great question because everyone gets concerned.
"Okay, I'm selling my home, I'm upside down or underwater $200,000.
How do I pay commissions and closing costs
or credits if the buyers request me to fix that oven that's been broken for six months?"
There are no costs to the seller in a short sale.
There's actually now some laws that the sellers can't even contribute cash if you wanted to
on the second lien holder. The seconds now have to participate
and do your short sale without any contributions from the seller,
which was so common in 2009, 2010.
So, list your home, get it sold as soon as possible,
and you can move on with your life.