the 457 plan does not.
Could you elaborate more on the fees bit?
A house is listed for $110,000.
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Offer A:
Sale price: $100,000
Seller covers: 3% to selling agent and 3% to buyer's agent -$6,000
Seller covers closing costs with title company -$1,300
Seller buys a Home Warranty for 1 year -$1,200
Seller take home $91,500
Buyer will pay property taxes on $100,000. Because that's what the house sold as.
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Offer B:
Sale Price: $92,000
Buyer covers, closing costs Realtor commissions and doesn't buy a home warranty.
Seller take home $92,000
Buyer will pay property taxes on $92,000. Because that's what the house sold for. In my area property taxes are 2.4%. So, the first year that's $192. Which doesn't seem like much, but they can only raise your taxes so often and so high. You also save $480 in realtor fees. Usually home warranties are BS. I'm not going to get too deep into those. If you're going to use one, find one you know that's local and has good reviews.
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Same house. Two different offers. Seller walks away with more money on the second offer and the Buyer saves a lot of money on his taxes for however long he owns the houses. Also, the realtor commissions go down in cost because of the sale price going down on the second offer.