Here are a few things to keep in mind regarding any possible tax deductions from the sale of a house.

It’s nice to look ahead to the money that can be made from selling a house, but the process isn’t free. Home sellers are required to pay certain fees, taxes and other charges. The specific amount and nature of those costs will be different for every sale. Here are some of the most common charges that home sellers pay.

Some homeowners wonder what happens to their mortgage balance after they sell their house. This is a significant expense, and it shouldn’t be ignored. It’s also a legal contract with its own rules, regulations and penalties. Here’s a brief breakdown of how funds are dispersed once a home has been sold:

Selling a home in Georgia can take time. Even if you have a highly motivated buyer who has secured their financing, the entire process may not be completed for several weeks or months. Here are a few things to know about what happens to the money when a home is sold.