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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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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 Common Terms and Conditions in a House Offer

Realty Biz

When you understand these terms and conditions, you’re more likely to structure your offer in a manner that will be appealing to the seller. Let’s look at the most common contingencies in an offer and what they mean to buyers and sellers. Common Contingencies Found in an Offer to Purchase.

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What are Closing Costs?

Windemere Selling

In general, buyers can expect to pay about 2-5% of the total purchase price in closing costs, while sellers’ costs can range anywhere from about 6-10%; the difference being that buyers are using extra cash to pay for their closing costs while the amount sellers owe is typically deducted from the proceeds of the sale of their home.

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

HomeLight

And if you do, what are the downsides to paying for the buyer’s closing costs as the seller? To explore the potential drawbacks of paying for buyer closing costs as the seller, we spoke with Tara Limbird , an Arkansas-based agent who heads a team of real estate pros that was nationally ranked at the top one half of 1% of Realtors®.

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Selling a House in Delaware? You’re on the Hook for These 9 Closing Costs and More

HomeLight

As a seller, your home sale price and proceeds are very different numbers. In Delaware, sellers typically pay 6% to 10% of the home’s sale price in closing costs. It’s customary for the seller to pay for closing costs like title search, title insurance, and transfer taxes. As a seller, you’re responsible for paying 1.5%

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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.