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What Legal Documents Will You Need for Buying a House? Here’s Your List

HomeLight

Your agreement with a buyer’s agent may be one of the first legal documents you’ll encounter when buying a home. Dobbs works in Illinois, where buyer representation agreements are not common. This is why it’s so important to have a thorough home inspection conducted during the due diligence period of your purchase agreement.

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Flat Fee MLS Companies in North Carolina to Sell Your FSBO Home

HomeLight

Selling a home by owner may result in some cost savings due to not having to pay commission to a real estate agent, but it definitely comes with more responsibility for the seller and some risks. The “listing” refers to “a home for sale” in industry terms. You have the time and energy to spend on the home sale process.

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7 Real Estate Economic Experts Share 2021 Housing Market Predictions

HomeLight

Nothaft opined that the shortage of homes for sale and record-low mortgage rates would drive price growth at the beginning of 2021, but added that “we do expect a moderation of home-price growth over the course of the year.”. Evangelou said that new home construction is also on the rise.

Marketing 101
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13 Tips For Buying a Rental Property in 2022

Norada Real Estate

Looking to purchase and profit from a rental property? Imagine this – After you make the down payment and pay all closing costs, the renter pays off your mortgage. Just like any business, purchasing a rental property to earn monthly income can be a bit risky too. What are the comparable rents and purchase prices?

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

The Close

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. ” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met. Active contingent.

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How Can The Federal Election Shape The Housing Market?

Toronto Realty Blog

My client, who ran a hedge fund and thought he knew everything, bought a house for $1,070,000, forked over a $50,000 deposit at the time of purchase, and then upon closing, the lender gave him a cheque for $124,900 which represented the 7% above his purchase price ($74,900) and the return of his $50,000 deposit.

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