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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

If your clients are concerned about getting approved for a loan, you can remind them that a co-borrower agrees to back the borrower in a mortgage loan. Construction loan. Liens can come from unpaid mortgages, construction bills, even HOA fees. Pre-approval. Contingency. A mortgage is also considered a lien.

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How to Manage the Stress of Selling a House: 11 Helpful Tips

HomeLight

Maybe your kids have grown up and out of clothes and toys or your design aesthetic has changed. It’s also good practice to screen buyers for pre-approval or proof of funds before they view the home to cut back on useless showings. With advanced planning, new construction is another option. “If

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

HomeLight

Gila adds that FSBO sellers should list their home at fair market value , especially when competing with new construction in South Carolina that offers high incentives for buyers as well as real estate agents who provide Realtor® bonuses and buy-down interest programs or closing costs paid by sellers. Require everything in writing.