Step 2 Calculate the Cost of Selling a House When selling a house, you have to bear several selling costs. You need to know the costs involved to calculate how much you will get from selling your house. The first cost is… 1) Legal Costs As a seller, you can choose to appoint a lawyer or not be represented. For me, appointing a lawyer yourself is better because they will look after your interests.
You can use a lawyer's fee calculator to make an estimate. chile whatsapp fan On the other hand, if you choose not to be represented, you will save on lawyer fees. But there are still costs. You will need to pay the buyer's lawyer to handle the transfer. This cost is around RM3000. Usually, you have to pay the lawyer's fees after you and the buyer sign the sale and purchase agreement.
Don't worry about that amount, you can deduct it from the deposit that the buyer pays later. 2) Penalti ‘Lock-in Period’ Next is the lock-in period penalty. The lock-in period penalty is a penalty that the bank imposes if you sell the house within a period that the bank determines, after you have received the loan. This period is usually three to five years. How much is the penalty rate? Around 2% to 5% of the original debt.
But the cost is quite high
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sumaiyakhatun29
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