Real Trends

JULY 11, 2022

The most common of these include: Backing out and retrieving earnest money if an inspection reveals serious structural issues Basing their offer on the sale of their existing home Basing their offer on getting financing approved. Concessions. You are your customer’s best advocate when it comes to evaluating seller concessions.

Seller concession 79

Seller concession Closing costs Inspection Title search 79

HomeLight

JANUARY 29, 2021

Additional closing costs may include any seller concessions, attorney fees, and the buyer’s agent’s commission. Beyond these closing costs, FSBO sellers cover expenses normally included in a listing agent’s commission, such as marketing costs. Escrow generally costs 1% to 2% of the final price, so sellers can expect to pay 0.5%

Closing costs 98

Closing costs Closing Seller concession Title search 98

HomeLight

JULY 12, 2022

With a degree in finance from Penn State, Delaware agent Michael Kennedy is quick to provide his clients with an Excel spreadsheet that includes net projections. In other parts of the country, expenses vary drastically because of agents’ commissions, state fees, contractors’ fees, or lenders’ requirements for financing. Transactions.

Seller concession 89

Seller concession Closing costs Renovation Title search 89

Realty Biz

APRIL 20, 2022

Mortgage Financing Clause. Most home buyers do not have the finances available to buy without a mortgage. So financing is one of the common contingencies in an offer. Your credit score , income, and debt will contribute to the financing that is offered by lenders.

Purchase and sale agreement 105

Purchase and sale agreement Home sale contingency Earnest money deposit Inspection contingency 105

HomeLight

MAY 3, 2023

Staging and prep costs 1%-4% Inspections and repairs varies Title, settlement, and taxes 1%-3% Seller concessions 0%-6% Get a Free Home Value Estimate Enter a few details about your home and we’ll provide you with a preliminary estimate of home value in less than two minutes. Title fees (0.5%-1%)

Seller concession 107

Seller concession Purchase and sale agreement Inspection Title 107

HomeLight

DECEMBER 2, 2021

Sample seller expenses for a $453,300 house. Cost to seller. Seller concessions. In Kentucky, for example, the buyer typically pays for both the owner’s and lender’s title insurance policy and title search. Seller concession. Percentage of home value. Real estate commission. < 1%.

Seller concession 106

Seller concession Staging Inspection Renovation 106

HomeLight

MARCH 31, 2021

Title search fee. After you accept the buyer’s offer, an attorney performs a title search to ensure the property is free and clear of liens or other conflicts of ownership. On average, title search fees run between $100 to $200. Seller concessions. Counties typically charge $10.00

Closing costs 91

Closing costs Closing Purchase and sale agreement Title search 91