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It is also possible to lose money when selling a home.
True
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GPT-5 mini
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True.
You can lose money if the sale price (after paying agent commissions, closing costs, repairs, and any outstanding mortgage) is less than what you paid or owe. Causes include market declines, selling soon after buying, major needed repairs, high transaction costs, or selling via short sale/foreclosure.
You can lose money if the sale price (after paying agent commissions, closing costs, repairs, and any outstanding mortgage) is less than what you paid or owe. Causes include market declines, selling soon after buying, major needed repairs, high transaction costs, or selling via short sale/foreclosure.
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