HomeAdviceBuyingCan I choose to sell my home for less than it's worth?
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Can I choose to sell my home for less than it's worth?

I want to downsize and sell my home to one of my kids. I'm not looking to make a profit on my kid and would rather sell the house at a loss compared to its current value. I've owned the home for 45 years and it's gone up a lot in value. Can I choose the price to sell the home and sell is for way under the value of the home?

Asked by Mary | Portland, OR| 10-09-2024| 447 views|Buying|Updated 1 year ago

Answers (2)

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Amanda Courtney

REP Realty Group · Fort Myers, FL

(13 reviews)
Absolutely. As the homeowner, you can choose your selling price. Some sellers lower their price for a quick sale, to help family, or to avoid repairs. Just keep in mind that if you have a mortgage, your lender will still expect full payoff of the loan balance. Your agent can help you weigh your goals and the financial impact before setting your price.
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10-22-2025 (5 months ago)··
Madalina TutuianuNovice3 Answers
Madalina Tutuianu

Keller Williams - Atlantic Shore · Northfield, NJ

(18 reviews)
yes 100%
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10-29-2024 (1 year ago)··
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