zaindo
New Member
Hello fellas, i bought a condo in 2008 which will be hopefully ready for occupancy in around 2012, however my needs have now changed and i think that condo will not be big enough for our family. I do not have an assignment allowance clause so will have to close before i sell the condo.
For all the experienced ub users, what would be the best strategy to limit my selling cost. Assuming the asking price for the condo would be 335000 - what would be the real cash i am going to get after all the closing costs.
Moreover what are the closing costs involved ? (realtor commission is one big one) but what else ? Also if i know i have to sell right after i buy what "kind" of mortgage should i be looking for to limit me from paying any penalties later when i sell.
I am a first time buyer and have this weird situation at hand, and would highly appreciated any and all advise.
Thanks a bunch
For all the experienced ub users, what would be the best strategy to limit my selling cost. Assuming the asking price for the condo would be 335000 - what would be the real cash i am going to get after all the closing costs.
Moreover what are the closing costs involved ? (realtor commission is one big one) but what else ? Also if i know i have to sell right after i buy what "kind" of mortgage should i be looking for to limit me from paying any penalties later when i sell.
I am a first time buyer and have this weird situation at hand, and would highly appreciated any and all advise.
Thanks a bunch