article thumbnail

Selling Your Investment Property?

Prairie Eco-Thrifter

Not everyone is cut out to be a landlord or landlady. Closing costs : Per Realtor.com these are typically paid by the buyer, these costs can add between 2 – 7% of the purchase price to the buyers bill – but a motivated seller might grant some $$$ towards them. Real estate is subject to yearly taxes by the county.

article thumbnail

Sell Your Home or Stay?

Prairie Eco-Thrifter

My spouse and I are currently pondering this issue. These may be different for you, depending on your age, stage of life and motivations. What will be an issue if you stay another 10 – 15 years? Are you financially able to carry two homes or are you willing to become a landlord to a renter for awhile?

Home 165