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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down. NEXA has always been focused on purchase loans , which means some of its LOs do significant business with buyers’ agents.

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Georgia Sellers: Here’s a Round Up of Your Closing Costs

HomeLight

Whether you’re selling a modern condo in Atlanta’s Midtown or a century-old property in Savannah’s Historic District, you need to know the closing costs sellers are responsible for in Georgia. The Georgia Association of Realtors reports that closing costs in Georgia typically range 5% to 10% of the home’s sale price.

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What Home Sellers Need to Know about Closing Costs in Kentucky

HomeLight

If you’re selling your Kentucky home, you may be wondering how much you’ll make on the sale, what required costs will eat into your profit, and where you can cut costs. This means understanding which fees you’ll be responsible for when the sale closes. What are closing costs? Closing cost.

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11 Things to Know About Escrow When Buying a House

Realty Biz

These days, having a neutral third party to make sure everyone is satisfied with the sale and purchase can give both buyer and seller more peace of mind. . Many home buyers and sellers know that escrow is a financial arrangement with a third party who holds money or other property until the terms of the sale are complete.

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“Sold Conditional On The Sale Of Buyer’s Property”

Toronto Realty Blog

Let’s say that your home in listed for sale and you receive an offer, but the offer has a condition. If you want to work with the buyer and their offer but you’re a little weary of tying the property up for so long, then you insert an escape clause that allows you to potentially get out of the agreement.

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8 Ways Home Buyers Can Get Their Offer Accepted

Realty Biz

When you have a lot of competition from buyers to get to the under agreement stage with a seller, there isn’t much chance of success with a lowball offer. This deposit will be placed in an escrow account , and if things go successfully, it can later be used as part of your down payment or to cover closing costs.

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How to Conduct a Smooth Real Estate Transaction

McKissock

Purchasing property, especially a home, can be a very emotional experience. In order to reach an acceptable agreement with the most favorable terms, make sure your buyers are aware of the market and the most important factors when constructing an offer. Closing dates. Requests to sellers to pay closing costs.