JUST LISTED! BEAUTIFULLLLL!!! :) I'M IN LOVE.

[Kath Marie]

Bought it for - $189,000

Rehab Cost - $85,000

Listed - $379,900

[Kath Marie]

@Shawn M. Won't have one for rehab. Contractor I use has one price for everything. He has licensed electricians, plumbers, roofers. I pick out the finishes and they will put them in. Yes some extras will come up if it's outside SOW (like the accent wall I decided to do). 

Holding costs I also don't fully know until property is sold. Insurance is paid upfront for 6-12 months. When it sells what wasn't used is prorated back. Tax payments for property tax won't be known until it sells. We pay property taxes in arrears in Illinois. The tax amount you pay on a property is the difference in tax credit received vs tax credit given to your buyer at closing plus any tax installments you make along the way. Your buyer may also look to negotiate tax prorations (100%, 105%, 110% of last years taxes) to try and receive a larger credit at closing.... I't gets confusing for most but bottom line is you won't know what your holding costs were until your final numbers are in. LASTLY you also many times won't know what your FINAL utility costs are until you call to switch all utilities into buyer's name (big example is Chicago. You pay 6 months water upfront. W/e isn't used is also prorated as a credit on final statement). 

ALL IN ALL HOWEVER. Holding costs should run about 5k-8k.

Staging was just under $3,000. Usually it's anywhere from 2-3k.