When you’re deciding to sell your home and make your next move, it’s smart to sit down and crunch the math on what the actual costs of selling will be – especially if you plan on using the equity in your home for the down payment on a new one. Here’s a basic list of some of the common costs …
Deposit Financing
Are you selling and buying a new home and need to come up with a deposit on the new home? When you purchase a home, the sellers will generally require a deposit on the home your buying for around 5% of the purchase price (some go as high as 20% of the purchase price). But if you’re like a lot …