Selling a Home

Your home could be your most valuable asset as well as your largest single monthly expense. Selling it could be as complex as buying it was. These resources will help you manage the process.

Keep in mind:

Know how much you'll need to —

Pay off your primary and any secondary mortgages
Close out existing home equity lines of credit
Cover costs like sales commissions and fees, legal and advisory fees, and the costs of preparing the property for sale

Browse resources

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Tax issues associated with a gain or loss on a primary residence

See how you may be able to claim a significant tax break on any gain.

Selling your home in a buyer's market

Homes still sell when the market is sluggish—it just means taking extra steps to make the sale.

Suggested for you

Bank of America Real Estate Center

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Merrill, its affiliates, and financial advisors do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.

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Investing in securities involves risks, and there is always the potential of losing money when you invest in securities.

Asset allocation, diversification, and rebalancing do not ensure a profit or protect against loss in declining markets.

Merrill, its affiliates, and financial advisors do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.

This material is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. Merrill offers a broad range of brokerage, investment advisory (including financial planning) and other services. Additional information is available in our Client Relationship Summary (PDF).

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