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Offering a home with a traditional genuine estate agent isn't so cut-and-dried: Added costs consist of a typical commission of about 6%, and depending on the state, closing expenses that can range from 2% to 5% of the purchase price. Sellers need to spend for repairs, too, and while the house is on the marketplace, they're stuck paying the mortgage and other expenses.

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For the majority of homeowners, this route is the very best way to bring leading dollar for their home especially in today's real estate market. Basically, there are fewer houses on the marketplace right now, so competition is high and numerous sellers are raking in offers. In many cases, opting for a lower cost from a financier just does not make sense.
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