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Profit from property sale

Posted on: 03rd Jun, 2013 12:38 am
I bought a home in 2010 for $200k. I now owe $180k on it. I want to sell off the property but do not much about the process. How much profit will I be able to earn from selling my home?
Hi gibber,

It is difficult to say how much profit you may earn from the sale of the property. It will depend upon the valuation of the property.

Thanks,

Jerry
Posted on: 03rd Jun, 2013 01:16 am
Hi gibber!

Welcome to the forums!

You will have to contact an appraiser and get to know the value of the property. Then you can decide on the sale price of the property as per the profit that you want to make.

Feel free to ask if you've further queries.

Sussane
Posted on: 03rd Jun, 2013 08:35 pm
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