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What Costs Are Involved in Selling My House?

HomeLight

So, the seller’s market is holding, but cooling. If you’re like most families, your home is your biggest financial asset. So, if you decide to sell, your priority is getting the most return on that major investment. Recently, the National Association of Realtors (NAR) reported the median home price in May 2022 was $407,600. Michael Kennedy.

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How Much Are Closing Costs in California?

HomeLight

We’re seeing more rate buydowns from sellers. Currently accepting new clients Years of Experience 18 Transactions 476 Average Price Point $1m Single Family Homes 280 Who pays for closing costs in California? So if you’ve got enough equity in your home, you won’t have to worry about coming up with cash at closing.

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2023 Housing Market Year In Review: A Market Ruled by Mortgage Rates

Redfin

Rent prices remained historically high but stopped short of new record The median U.S. Other contributors to the quieter rental market: Strong new construction in the apartment industry, and fewer new households forming (two or more people living together). But there was a lot more to it as well.

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Sell Your House Fast in Miami: Expert Strategies for a Quick Sale

HomeLight

If you need to sell your house fast in Miami, whether you’ve inherited a property, you’re relocating for work, need to cash out your home’s equity fast, or are looking to put a divorce behind you, the two best strategies are: 1) seek out a cash offer, or 2) work with a top real estate agent. The company has 4.6 5 stars with an A+ rating.

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Are Mortgage Points a Good Deal for Buyers? What You Need

HomeLight

That extra MI cost could override any savings you’d see from discount points — at least until you hit 20% equity on your home, and get rid of your MI payments. As if mortgage rates aren’t confusing enough , lenders had to throw discount points into the mix. What are points on a mortgage loan, anyway? What are discount points?

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How to Sell a House by Owner in South Carolina: A FSBO Guide

HomeLight

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot South Carolina real estate market and a steep rise in equity added extra incentive to maximize profits.