Remove Closing costs Remove Finance Remove Seller concession Remove Staging
article thumbnail

‘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. And under existing FHA rules, sellers can contribute up to 6% in concessions to FHA borrowers to cover closing costs, prepaid expenses and discount points.

article thumbnail

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 last thing you want is sticker shock when you review these subtractions in your seller’s settlement statement. Not in Atlanta?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Much Does It Cost to Sell a House?

Redfin

Don’t forget to stage your front porch and back patio too. There are several benefits to staging your home. Two of the most important are the potential increase in the sale price and the shortened time between listing and selling that a staged home typically provides. . Almost always, the seller pays the total commission cost.

article thumbnail

What Happens After Making an Offer on a House?

Windemere Buying

You’ve applied for financing , worked with your agent to search for available listings, put in time attending open houses, and have found the place you’re ready to call home. However, celebrating at this stage in the buying process could leave you heartbroken if your offer isn’t accepted. Now you’re ready to close!

article thumbnail

8 Ways Home Buyers Can Get Their Offer Accepted

Realty Biz

If you want to give yourself a better chance of having your offer accepted, making it as clean and straightforward as possible will appeal to the seller. Any proposal full of contingencies or seller concessions isn’t going to look as good. Your earnest money is a way of showing the seller that you are a serious buyer.

article thumbnail

Selling FSBO? Tally Your Closing Costs Without a Realtor

HomeLight

Other than that, you’re on the hook for the same closing costs as any other seller. Closing costs without a Realtor® typically average 1% to 7% of the final sale price. Mandatory costs include a long list of fees and taxes from involved parties such as the local and state government and mortgage lenders.

article thumbnail

17 Tips to Sell Your House in a Down Market

HomeLight

In general, the top things you’ll want to improve include: Fix roof damage – because roofs will often determine if a house can be financed or not. Stage your home. Showcasing all the features of your home with the right staging will invite buyers and give them the ability to visualize themselves living in your welcoming space.

Marketing 109