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Fight Fraud, Don’t Fear it

GeekEstate

Since fraud tends to occur at times where money is being transferred , whether it’s an earnest money deposit or other closing costs, it’s time we look outside of old school methods and embrace technology to keep our personal information and money safe. Revolutionary Technology in Real Estate.

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Is Your Realtor Doing a Good Job? Answer These 6 Questions to Find Out

HomeLight

Answer your questions about relevant contingencies, earnest money deposits, and closing costs. Use technology such as e-document services to get the process completed efficiently. Include you in the process of filling out essential sections of forms.

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How to Sell a House by Owner in California (2023 Updates)

HomeLight

Price is a major factor, as are other details of the agreement such as whether you’ll cover any of the buyer’s closing costs, when you’ll agree to move out, and which contingencies will be included in the contract. Closing costs. Both buyer and seller will have costs to cover at settlement. Earnest money.

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6 of the Top We Buy Houses for Cash Companies in Scottsdale

HomeLight

They offer a $30,000 earnest money deposit on homes in any condition and specialize in working with properties that have tenants, out-of-state homeowners, and houses that are filled with the seller’s possessions. They work with the seller’s schedule and can close in as few as three days. Individual investor fees may vary.

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Find Cash Home Buyers in Houston for a Fast, Simple Sale

HomeLight

Although you’ll typically receive a discounted offer from a cash home buyer, you’ll save on costs that take a sizable piece of your profit, such as 6% real estate agent commission. Ramcharitar says sellers also pay 2% of the sales price for closing costs and another 2% for title insurance.

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How Long Does It Take to Close On a House With Cash in 2022? Here’s Your Timeline

HomeLight

Michael Simpkins , a real estate agent in Florida who’s worked with 69% more single-family homes than the average agent in Apollo Beach , thinks that the advantage to paying cash over taking out a mortgage to buy a home is that you’ll save on closing costs. Submit earnest money: 1 day. Setting the standard.

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Home Buying Checklist: A Survival Guide for Buyers

Redfin

This usually requires the home buyer to include an earnest money deposit that will be put into escrow, typically 1-3% of the purchase price. Once your offer is accepted, this money will be applied to the mortgage closing costs and down payment.