Wednesday, July 7, 2010

When a house is for sale by owner do they get all the money?

So what i'm asking is if its for sale for 200,000 dollars, and its by an owner and not an agent, do they get to keep the full 200,000 dollars?When a house is for sale by owner do they get all the money?
It is for sure if the owner sell their property then they don't have to share it with anyone else. Because that is what they suppose to get, the full price.





In case, the buyer come through agent then the owner have to share the commission to the agent person. Otherwise, mean that they will take advantage of the agent. And that is not acceptable. Hope you find it useful.





Cheers!


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if they are using a real estate person they have to pay that person with the money they get from the house..





do they owe on the house. they have to pay the house off then they get what is left over.





depending on the time the house is sold , taxes on the house have to be paid. you sell a house in feb. you have to pay the taxes up until feb, that comes out of the sale of the house..





There is also a new deed and county papers that have to filled out and that comes out of the sale of the house. \\





Theses probable something else I am forgetting but that is the most of it..
If they have a mortgage that has to be paid off then no. It there is no mortgage then yes they get to keep the $200K. However there will be attorney fees and other fees that will have to be paid.
http://money-moneyloan.blogspot.com
short and sweet answer yes

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