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the traditional way to sell home
is by listening with the real estate agent
this only works if your house is in perfect condition
does not need repairs and you're willing to wait for the sell now I'm not a
realtor but I do work with a lot a realtor
so if you need to I can certainly recommend one to you
now there is good news and bad news when listing with a Realtor
the good news is that on average the house
could sell for full value so using our example from before
you could get the full $150,000 for your home
and if you're selling for the full amount then it does not affect your credit
so what's the catch the catch is there right now
we have anywhere from 5 to 8 months inventory on the market
what that means is that is the length
of time it could take on average to sell your home
you are going to have to pay closing costs real estate commissions
buyer concession which is gonna be about 10%
which in this example will be about $15,000
and because you get an offer for the full $150,000
and you owe $145,000 that leaves you with
$5,000 in positive equity
so at the end you will have to bring $10,000 to the closing
so this may or may not be a deal for you