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8 Essential Steps to Navigating Escrow in Home Buying

Realty Biz

The National Association of Realtors (NAR) conducted a survey in October 2022, revealing that approximately 7% of deals in the preceding three months got terminated before reaching the closing stage. During this stage, the buyer, seller, or their respective agents select an escrow agent who will oversee the process.

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First Time Selling a House Checklist

Realty Biz

Prepare and Stage your Home First impressions matter when selling a home. Prepare and Stage your Home First impressions matter when selling a home. Enhance your home's appeal by effectively decluttering, deep cleaning, and staging. Selling your first home can be an exciting yet overwhelming experience. Things have evened out.

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Closing on a House Checklist: 6 Things Home Buyers Must Do Before They Move In

Realtor.com

If the appraised value is less than the sale price, the contingency enables you to back out of the deal without forfeiting your earnest money deposit , says Bishoi Nageh , president of the Petra Cephas Team at Mortgage Network Solutions, in Somerset, NJ. Clear the title. Review your closing disclosure.

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What You Need to Know If You’re Buying a Home from the Owner

HomeLight

Knowing that they will save money by not paying the listing agent’s commission, a seller might list their home at a lower price than they would if they had hired an agent. You’re driving around a neighborhood you love, and then up there in the distance, you see a sign in a yard. Is it a yard sale? A political sign? A contractor’s information?

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What Does Contingent Mean in Real Estate Sales

Realty Biz

When you begin an online search for a home, you may find some sale statuses you don’t fully understand. They will also get their earnest money deposit back , and the home will go back on the market. For example, if a home sale is contingent or pending, can you still make an offer? What does Contingent Mean?

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How to Get Cash for Your Home: A Step-by-Step Guide

HomeLight

The bills are stacking up or perhaps you lost some income recently, and the money tied up in your home would help a ton at a time like this. turn four walls and a roof into money in the bank, without the need for inconvenient showings, nail-biting appraisals , or a 50-day closing. What you have is a house. What you need is cash.

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Beaches, Mountains, Sunshine? Yes, Please. Here’s How to Buy a California Home

HomeLight

With 39 million people who call it home, California is the most populous state in the U.S. and ranks third in total area behind Alaska and Texas. With this in mind, starting to house shop in California can be overwhelming. With so many people and rising home prices, it can be downright intimidating. But, it doesn’t have to be!