As-is Closing costs Earnest money deposit Land 
HomeLight
AUGUST 29, 2022
Nicknamed the Lone Star state, Texas is the second most populous state in the country and the second largest state in land mass. Keep in mind that this doesn’t include the funds you will need for closing costs. Everything’s bigger in Texas” is a popular slogan and this is true for houses as well.
HomeLight
JULY 31, 2020
Once the buyer and seller sign the contract, the closing process begins — and therein lies the rub. While seamless closings are ideal for everyone involved, they almost never happen unless the buyer is paying cash on the home, and even then there can be a roadblock or two. So the answer to “how long does it take to close on a house?”
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HomeLight
APRIL 28, 2023
Real estate attorneys are not considered essential for closing in Texas. That 6% is deducted from the seller’s proceeds at closing. By selling FSBO, a seller can eliminate the cost of the listing agent commission (so around 3%), though they may still need to offer a buyer’s agent commission. Is a real estate attorney required?
HomeLight
OCTOBER 20, 2021
Whether you sell your home FSBO (for sale by owner) or with the help of a top real estate agent , you will enter into a purchase agreement that will come from the buyer or buyer’s agent. A purchase agreement is a legally binding contract between a home seller and a home buyer that spells out the details of the real estate transfer.
HomeLight
APRIL 19, 2021
Condos cost 30% more on average than co-ops,” says Dylan Hoffman , a local agent with over 19 years of experience, who’s sold 37% more properties than the average New York agent. Closing costs can range from 2.5% One-bedroom apartments in co-ops can start at $700,000 in co-ops compared to $1.2 million in condos.
HomeLight
AUGUST 31, 2021
It’s the moment when you can’t bear to see another piece of paper related to your home sale that you’ll receive the settlement statement — also known as a closing statement in real estate. Sellers can expect to pay between 6%-10% of the final sale price in commissions and closing costs, so it’s nice to see exactly where that money is going.
HomeLight
SEPTEMBER 1, 2022
Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more. Homebuyers in Connecticut pay an average of just over $2,700 in closing costs when purchasing a home.
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