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2025 mortgage predictions: Your playbook for a winning year

Housing Wire

Setting the Stage for 2025 Heres the good news, 2025 is set to stabilize. Save strategically: Even with down payment assistance, youll need some savings for earnest money and closing costs. Many sellers are offering to cover 2-3% of closing costs. The key takeaway? and 6%, with potential dips below 6% by mid-year.

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First-time homebuyers are being insulated by slower market conditions. Will it last?

Housing Wire

Bryan VantHof, a member of the RE/MAX Advantage Plus -brokered The Minnesota Real Estate Team , also believes the amount the seller nets is central to getting a deal closed. Many first-time homebuyers don’t have enough to pay the agent and all the closing costs,“ Nichols said.

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FinLocker says it will cover 100% of mortgage verification costs

Housing Wire

.” According to data from the Community Home Lenders of America , verification of income , employment and assets typically costs up to $280 per mortgage application, a charge tacked onto others in an already-expensive transaction. ” FinLocker indicated that future initiatives will target other high-cost areas like title expenses.

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12 Typical Closing Costs for Seller in Alabama

HomeLight

If you’re about to close on your Alabama home sale, you’re likely wondering how much you’ll owe in closing costs. Nationally, sellers typically pay between 6% to 10% of the property’s sale price in closing costs. Receive your offer in 24 hours and close in as few as 10 days. in state transfer tax.

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Year-end pricing strategies: How to position your listings for maximum appeal

Housing Wire

The best way to determine the psychological pricing strategy that works in your area is to look at both the offering and closing prices of homes that have sold recently. The best way to determine the psychological pricing strategy that works in your area is to look at both the offering and closing prices of homes that have sold recently.

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Closing Costs for Sellers: A Breakdown of How Much You’ll Pay

Redfin

Closing costs arent just a buyers responsibility – sellers have their own expenses to consider as well. On average, sellers can expect to pay between 6% to 10% of the sale price in closing costs , including agent commissions, transfer taxes, and title fees. What are closing costs for sellers?

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From consultation to closing: The definitive homebuying checklist

Housing Wire

Ill share everything you need to keep the homebuying process running smoothly from your first meeting to closing and beyond. From choosing a property to navigating the closing process, youll need to do a deep dive into their wants, needs, and deal breakers. This is when your buyers need you the most. Have you spoken to a lender?