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Common Seller Questions
Get answers to common questions about selling your home in Upstate New York. From market trends to pricing strategies and closing costs, we’ve got you covered!
The spring and summer months are typically the most active times for real estate in Upstate NY, but the right timing can depend on your property type and local market conditions.
Pricing your home correctly is crucial. A comparative market analysis (CMA) from a real estate professional can help you set a competitive and realistic price.
Common costs include real estate agent commissions, closing costs, potential repairs or upgrades, and moving expenses. Additionally, you may need to pay a transfer tax or prorated property taxes..
It depends on your home’s condition and the current market. Strategic upgrades, like fresh paint or updated fixtures, can increase your home’s appeal, but some sellers choose to sell as-is.
The timeline can vary based on factors like pricing, location, and market conditions. On average, homes in Upstate NY can take anywhere from a few weeks to several months to sell.
You’ll need documents like the deed, property survey, tax information, and any warranties or receipts for recent repairs or upgrades. Your real estate agent or attorney can help ensure all necessary paperwork is in order.
While it’s possible to sell your home on your own, a real estate agent can provide valuable expertise, marketing, and negotiation skills to help you achieve the best price and terms.
You may be subject to capital gains taxes if your home has appreciated significantly in value. However, primary residence exemptions and other factors may apply. It’s a good idea to consult a tax professional for personalized advice.
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