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How to navigate the real estate market through seller concessions

Real Trends

As Realtors, we had to think creatively to help our sellers sell their homes. To think outside the box, some Realtors began using seller concessions. Whereas seller concessions make the home-buying process more affordable and exciting for potential buyers, while also maintaining the home and the community’s value.

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What Are Common Terms and Conditions in a House Offer

Realty Biz

What to Know About Terms and Conditions Found in an Offer to Purchase. It will state your offer price and many other clauses that could be crucial to the success of the purchase. Let’s look at the most common contingencies in an offer and what they mean to buyers and sellers. Home Inspection Contingency.

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Killer Tips For Negotiating a Home Inspection

Realty Biz

One of the most vital phases of buying a house is having it inspected. Home inspections over the last few years were few and far between. The crazy hot seller's market forced many home buyers into forgoing their inspection. Let's look at what you need to know about home inspection negotiations.

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What are Closing Costs?

Windemere Selling

The closing process in a real estate transaction finalizes the terms of an agreement between the buyer and seller, leading to the transfer of the property’s title. Before a buyer can hold the keys to their new home, and before a seller can celebrate the sale of their property, closing costs must be paid.

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Are There Disadvantages to the Seller Paying the Buyer’s Closing Costs?

HomeLight

Industry experts estimate that sellers can expect to pay anywhere from 6% to 10% of their home’s purchase price in closing costs when it’s time to sell. So if your home sells for $450,000, you could spend anywhere between $27,000 to $45,000 in seller fees. Should you consider it? HOA dues, prorated to the settlement date.

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What Happens After Making an Offer on a House?

Windemere Buying

The seller rejects your offer: If a seller rejects your offer, your agent may be able to relay information from the listing agent as to why it was insufficient. The seller makes a counteroffer: Counteroffers can make buying a home feel like a chess match. This is an indication that your offer has piqued the seller’s interest.

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What You Need to Know About Selling Your House in California

HomeLight

Fear of the unknown can cause sellers high-level anxiety, especially in a shifting housing market. The National Association of Realtors internal data reveals a 1% of the sales price investment into home staging saw an average return on investment of 5% to 15% over the asking price. Looking to sell a house in California? Find Agent.