HomeLight

JANUARY 3, 2023

While this is a general guide to selling a house by owner in Colorado, we always recommend that you look into the local regulations for your area and consult with a qualified legal professional before taking action. Higher interest rates have been cooling the housing market nationwide, and real estate in Colorado is no exception.

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Redfin

MARCH 2, 2023

These conditions typically relate to the sale of the buyer’s current property, securing financing, passing a home inspection, or the home being appraised reflects fair market value. One important concept that all homebuyers should be familiar with though is the appraisal contingency. What is an appraisal contingency?

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HomeLight

AUGUST 31, 2021

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. It serves as a record showing how all the money has changed hands line by line. Source: (Free-Photos/ Pixabay). What is a settlement statement? Who prepares the settlement statement?

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HomeLight

NOVEMBER 29, 2021

Almost everyone who hears the term knows it often involves a large sum of money, one that may feel beyond reach, but many do not know exactly what a down payment entails. A down payment is money that a buyer will pay at closing, usually expressed as a percentage of the home’s total purchase price. Does it really have to be 20%?

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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. She adds that Florida also has numerous down payment assistance programs, many of which are tied to state bond money.

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HomeLight

MAY 27, 2021

within the HomeLight platform, you may see designations such as Certified Residential Specialist, Accredited Buyers Representative, Seller Representative Specialist, Military Relocation Professional, Accredited Land Consultant, Seniors Real Estate Specialist, and more. Closing costs? Contingencies? Contract clauses? Thankfully, Realtors?

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HomeLight

JUNE 30, 2021

If the contingency isn’t met, it usually means that you can drop out of the purchase and get your earnest money back. If your current house doesn’t sell, or the settlement doesn’t happen, as the buyer, you can walk away from your new purchase with your earnest money. Source: (LinkedIn Sales Solutions / Unsplash).

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Rent back Inspection contingency Earnest money deposit Finance 104

HomeLight

DECEMBER 14, 2021

Step 3: Interview at least three designated top agents. You need to sell or buy a home — and to find a Realtor ® for that transaction, you have to sift through thousands of people who could make or break one of the most serious, important financial decisions in your life. Where do you begin? Find Your Perfect Real Estate Agent. Find an Agent.

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HomeLight

FEBRUARY 28, 2021

Part of the original land designation for the nation’s capital, today Arlington operates as one of the smallest counties in the country with no cities. Imagine stepping out of your quaint Colonial-style home on a crisp fall morning, as amber-colored leaves blanket the front lawn. on the southwestern bank of the Potomac River.

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HomeLight

DECEMBER 14, 2021

Step 3 – Interview at least three designated top agents. Whether you’re a first-time homebuyer or an empty nester who’s bought and sold several homes but wants to downsize, one thing’s for sure — you both need to find the best real estate agent to guide you to success. But, how do you find that agent or Realtor®?

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Earnest money deposit Agents Days on market Sales 94

The Close

DECEMBER 29, 2022

A contingency might be the buyer selling their current house, requiring certain repairs to be made, or obtaining a clean termite inspection. Since an ARM’s interest rate fluctuates over time depending on various market factors, there are some experts who believe they save borrowers money in the long run. ” A. What About ARMs?

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Purchase and sale agreement Title Proof of funds Pre-approval 97