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

The Close

Clients might be interested in an ARM because it allows borrowers to take advantage of interest rate decreases without having to go through a whole refinance process and pay additional closing costs. And now we present the 131 real estate terms you need to know—and be able to define for clients—in 2023: 1031 Exchange.

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How to Sell a House By Owner in Iowa: A Hawkeye State FSBO Guide

HomeLight

Impulsive home purchases also weren’t unheard of during the pandemic, so maybe you haven’t owned your Iowa home very long and are concerned about covering the cost of selling your house. That 6% is deducted from the seller’s proceeds at closing. While the method can work for Iowans, it does come with some risks.

MLS 95
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How to Sell a House By Owner in Kansas

HomeLight

Impulsive home purchases also weren’t unheard of during the pandemic, so maybe you haven’t owned your Kansas home very long and are concerned about covering the cost of selling your house. That 6% is deducted from the seller’s proceeds at closing. Overwhelmed by the FSBO Process in Kansas?

MLS 83
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How to Sell a House By Owner: 2022 FSBO Guide

HomeLight

Disclaimer : While this is a general guide, rules concerning FSBO sales and yard signs may vary state-by-state or even from MLS to MLS, while each state has its own regulations for what sellers are required to disclose to buyers. That 6% is deducted from the seller’s proceeds at closing. Learn More.

MLS 93
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How to Sell a House By Owner in Alabama

HomeLight

That 6% is deducted from the seller’s proceeds at closing. Next: Consult our guide on who pays closing costs when selling a house by owner for more details. How does selling by owner (FSBO) work in Alabama? Disclaimer: This blog post is intended for educational purposes only. Why sell a house by owner in Alabama?

MLS 66
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How to Sell a House By Owner in North Carolina

HomeLight

That 6% is deducted from the seller’s proceeds at closing. By selling FSBO, a seller can eliminate the cost of the listing agent’s commission (so around 3%), though they may still need to offer a buyer’s agent commission. or if they can put their house on the multiple listing service (MLS).

MLS 81
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How to Sell a House By Owner in Utah

HomeLight

FSBO sellers generally put a yard sign up with their name and phone number on it, and they may also advertise online on a FSBO website, pay a flat fee service to advertise on the MLS , and list their home in some online classifieds and social media sites. That 6% is deducted from the seller’s proceeds at closing.

MLS 78