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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We bought our house for $355K in 2004.  Assuming we want to clear, say, $100K when we sell, how much do we have to sell it for, in order to cover both realtors, and any of the other things the seller has to cover (taxes, etc.)?  Sorry for my ignorance - this is my first time selling!!![/quote]

Market + tax base (to some extent) determine that.

So if you paid $355K and still owe $250K, for example, you'll have to sell in order to cover that, plus a bit over to gain your $100K and to cover closing costs.  Plus, once you lock into a rate, you may have to pay points  - more money!

Again, price is determined by the market.  Your realtor will set a price based on comps in your 'hood.  Sadly, if a house sells for under value, that's a comp you can't ignore.  So it's also a game of chance.

You could do some research yourself.  Go to [b][u]Franklymls.com[/u][/b], type in your zip code, put in a price range, and filter by 'hood.  You'll see some comps out there.  Look for homes that are similar in model. Upgrades increase the price in most cases - but not by much now b/c the market stinks.  
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Thanks for the suggestion of this site.  I was not aware of it before.  I am going to play around on it!  Thanks!  [/quote]

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