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How Much Money Do You Keep When Selling Your Home?

Reynolds EmpowerHome Team 110 views

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Thank you
Comment from : @mariacruceta6860

I did forget about that first mortgage payment Thanks for that info
Comment from : @mollyturgess3153

The real estate industry is a scam A) As the seller, why should I pay the buyer’s agent?? I’ll pay MY agent I am not paying YOUR agent How about YOU pay your agent for their services? There’s a concept But guess what? If you DON’T agree to pay the buyer’s agent, you will get silently black-balled and agents won’t show their clients your home It’s BS!!! B) “Comps” are a joke We own a six bedroom home on quiet circle with an elementary school right at the opening of the circle in an HOA with a pool a block away It has incredible updates and features very few around here have It’s sitting on a huge lot with a beautiful, manicured yard It has WAY more than other 6 bedroom homes But because of “comps” which compares other 6 bedroom homes with not even a third of the lot size, upgrades or prime locations, those lesser homes pull down the value of our home- just because they also have six bedrooms It’s a joke I’m supposed to sell my awesome home for $90,000 less because other houses are crap? C) Realtors take SIX percent of my hard earned equity On a $660,000 home that’s $39,600!! Closing costs are- if you’re lucky- 18 which is another $11,880- just to do some ‘f’ing paperwork!!! These people are taking $51,480 of my hard-earned equity like vampires For what?? It’s a SCAM!! My home was appraised at $750,000 but our real estate agent said that comps in the neighborhood would not support that Because of comps ripping us off, obscene realtor fees and outright closing costs- guess what we will walk away with? $550,000 That’s a loss of $200,000 of equity These people are overpaid for driving around, being pleasant and filling out some paperwork It’s A Scam It makes me sick
Comment from : @aw3752

It cost too much to sell a home It is time for Realtors commissions to change Most of what they do is done by a computer This BS of two Realtors and two brokers making money from ONE transaction is too many Time to change the real estate system It is outdated
Comment from : @hemphoney3496

What about capital gains tax?
Comment from : @MMed2472

I was hoping for the average HUD closing costs, using realtors (eg 15- 20 of your equity?)
Comment from : @williamtiffee3799

1st time seller here, Seems everyone is gonna get some money 💰 🤑 😢
Comment from : @daddykiller5835

Thankyou
Comment from : @jillchaban7693

Get rid of your background music ! very annoying 😑
Comment from : @tomgoodman9989

Great information
Comment from : @Da_real_skorpion

Annoying background musicbrHard to ignore music and concentrate on what you are sayingbrAnyway thanks for info
Comment from : @afizsuleymanov4533

Actually just about everything service based you pay after the service is completed
Comment from : @wyqid

Question after seller sell home the equity goes to seller right after all selling cost fees is that right
Comment from : @funentertainment4730

Great video What about capital gsins?
Comment from : @maggiesteen2049

Had to put you on mute and read your 👄👄👄💋💋💋
Comment from : @ernestomytv

So amateurish with the music barely did a minute
Comment from : @elmerfudd516

Hey there! Thanks for breaking down the costs of selling a home I never knew about the extra mortgage payment or prorated taxes! It's super helpful to know to expect around 7-8 in total costs I would love to see more videos like this!
Comment from : @habibbdvs

We subscribed
Comment from : @savingmoney5604

Good info I use to be a producer, if you play the music just as your intro and ending it would be great Never play in background when you are doing your presentation ❤❤❤loved the info was very useful
Comment from : @savingmoney5604

It's sad that half of the comments are about the background music It didn't bother me
Comment from : @pmeehan_3

Lower your Background Music Volume
Comment from : @anshultanejarealtor

The government are extortionist on taxes
Comment from : @edwinthomas618

Now how much money I get after selling my house
Comment from : @SueCherryBlosom

How much money they going to charge you that’s a lot of money
Comment from : @SueCherryBlosom

Great info but omg turn that music down or better still OFF
Comment from : @pennystocks1553

Terrible to try to understand with the music
Comment from : @Gail-zj4ie

Take off that dang music VERY DISTRACTING
Comment from : @carlacottrell6584

Why is the music so loud
Comment from : @lorraineshea3717

how the hell is the agent getting paid at closing such a happy thing? I need to know up front the fee
Comment from : @SuperAlpha1906

Why the background music? Annoying
Comment from : @dignagonzales9768

Oh man! the music is waaaay too loud and distracting - I turned off!
Comment from : @dlemmon1276

🎶👎🏽
Comment from : @coastalhillbilly3419

Yes, background music too loud, distracting, not necessary
Comment from : @kathrynackley3460

They find away to steal your $ buying or selling
Comment from : @angelastewart9497

Background music is TOO LOUD!! Very distracting when trying to concentrate on what you’re saying
Comment from : @rhondamoberley4616

I’m here in Va, and we’re thinking of selling, what areas of the state do you typically work in?
Comment from : @Street_Costello

Great info Retired military so we’ve bought and sold quite a few homes, and I always seem to forget all the selling costs But this was a great video for anyone that doesn’t do it professionally
Comment from : @markldonaldii

The music was not distracting to me at all Ppl just like to complain
Comment from : @zosodubbs

When to pay state sale tax and capital gain tax?
Comment from : @BureaucracyWorld

Very good straight forward video
Comment from : @tracystokes6299

I was hoping g for a more basic explanation
Comment from : @albertomatienzo5443

Roughly one third of proceeds will go to taxes
Comment from : @db8646

Turn music down or off
Comment from : @Hhopiuygv

Very good and informative vid thank you
Comment from : @Thatboykaiii

Please cut the background music Too loud, too fast and unnecessary Your thoughts are valuable but I had to stop watching after a few minutes
Comment from : @karennagorski4782

I so agree with the comment about background music - it’s distracting and so annoying that as soon as I hit SEND on this, I’m outta here
Comment from : @SusieMullins-t6i

If I received the HOA documents when I purchased the home and I still have them, why can’t I just forward them to my buyer? What changes in those HOA documents?
Comment from : @pgpc6448

Helpful, but the music is very distracting
Comment from : @MrOldandslow

Good grief I didn't know we paid all this mess It seems like it'd be easier if the government just took taxes straight out of our paychecks instead of taxing EVERYTHING Oh wait🤦🏿‍♀️🤦🏿‍♀️🤦🏿‍♀️
Comment from : @mothmanmothman4909

The music is wayyyy too much turned it off because of it
Comment from : @Antisocialchrissy

Mhh The background music
Comment from : @freedomncayiyana3088

Dang background music is annoying
Comment from : @ayev8r

Not true, you only pay the bill when all jobs are completed, car repair, new windows or a new roof
Comment from : @mikehauer8218

How much of this is out of pocket? Or does everything come out of the sale price?
Comment from : @lelyluck

The background music is wildly distracting and unnecessary
Comment from : @clydedenby1436

What if your home is paid off?
Comment from : @aikenandre

please kill the music very distracting from hearing you
Comment from : @josettedessalines6389

What is left as profit after you pay all the expenses ?brWhat percentage of the sell is left?
Comment from : @monicareina7656

Thanks❤
Comment from : @montrawilliams6020

great information on this topic, but next video please tone the music down
Comment from : @zackrhoward

This is really great video But I can't finish watching because the music is so distracting and annoying I'm sorry if you can do that video one more time without that music that'll be great
Comment from : @aggypoo7921

If you're buying house in 3 months, is it good to use credit cards or debit cards
Comment from : @jayhernandez6812

I enjoyed your video and commend you on your relaxed presentation I like the fluffy sofa chair and the plantation shutters as a background Excellent production lighting and you were very comfortable while speaking I like that you addressed the fears of sellers because you are absolutely right, people forget what they had done 7-8 years ago and explained everything effortlessly Brava!
Comment from : @herbertmcgurk

I just came across this video Very good and easy to follow information!
Comment from : @kathysarmiento4652

want to buy a new home for me
Comment from : @billyguilford8442

Music is way too loud
Comment from : @pamelapetrilli5759

Awsome information with a big smile
Comment from : @naimafikri193

hello, so basically all of these fees and charges falls under the catergory of CLOSING COSTS right mam?
Comment from : @rmalonzojr

So your spending money before you make money? I’m so confused 🤦‍♀️🥹😞
Comment from : @HelinatheHomeBody

Why would you not mention capital gains taxes? This is the biggest and most important cost when selling a home
Comment from : @gunsntokens

Well explained very good information
Comment from : @Kathleen_Militello_Realtor

Thank you for a well organized video, I enjoy your enthusiasm!brBut the music was annoying
Comment from : @deb4945

I really wanted to watch but the music is so distracting I can't concentrate
Comment from : @karynnotkaren693

Do you have a video when a home is paid off and maybe wanting to sell and buy again ? brThanks love ❤️ brLove this info
Comment from : @SunShine-qg8xq

The music detracted from your video Hard to watch with that music!
Comment from : @postcardguy

Excellent job
Comment from : @np14832

On an average how many hours an seller’s agent spent from interview/listing to closing a house?
Comment from : @ashoksahu2642

If my mother inherited her parents house (which is paid off) and she wants to sell the home this year, but give away the profits to her kids (me , my brother and my sister) will she have to pay the taxes or can she gift the money and not pay any taxes I guess my question is, what is the best way for my mother to sell the home and not pay any taxes if she plans on giving the money away?
Comment from : @richardortega2997

Thank yoy Very helpful
Comment from : @bbfreetube

I still don’t quite understand what you were talking about at 8:20, like what to do with those numbers I’m order to figure out the number that I’d get
Comment from : @NathanielHoobler

This is really really helpful, thank you There’s so much information on buying, so this is much appreciated!
Comment from : @shortychronicles252

Excellent tips! New subscriber ❤️
Comment from : @choosetoshine2610

Get rid of the annoying background music What about capital gain tax? This is my biggest concern I am aware of all the costs you mentioned in this video
Comment from : @junepham9661

Anyone who would like to reply with knowledge would be appreciative: What if you know nothing about how or what all you need to sell your house yourself instead of THOUSANDS or 6 to a Relator I heard you could pay a title company to do the paperwork instead and save thousands? My house is over $300K or even 400K currently so curious about Capital gain and how it works if you lived in it for 2 years? Does that mean anytime I have owned it? I have owned it since 1997, or 25 years now, and rented it out twice for a couple of years from 2010 to about 2012 or 2013, and have moved back in since Does that mean I don't pay up to 250K and above that, I pay Cap Gain?
Comment from : @brendabarnes4052

HATE background music very distracting!!!!
Comment from : @brendabarnes4052

My father passed away this past year in 2021 and he hadn't left me the house However I wanted too know how to sell my father's home, without losing out on the sale? And I have one more question I can't afford too make payments on the state taxes or the bill notices that come in could I still be able too sale the house if possible Or do I have any options left??
Comment from : @keithreynolds8522

I hate realtor… they’re thieves just like care sales man
Comment from : @Buggu3

Thank you! 1st time seller in California
Comment from : @pj-light-glass

Great video, annoying background music brThanks for the advice
Comment from : @ldstiesto

Worst video, 5 for real estate agents, Capital gains tax ID it's less than 2 years, the rest is far less than 1 if you're selling a house over 300k
Comment from : @ScienceBitch123