Remove Closing costs Remove Inspection Remove Sales
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CoreLogic: Jump in home-purchase closing costs outpaces refi loans

Housing Wire

Closing costs for homeowners who jumped on the refi wave in 2021 increased at less than one-third the pace of closing costs for home purchases as homebuyers had to cope with a hot market that fueled higher home-sale prices and related settlement costs. How to avoid home closing delays in 2022.

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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

What’s the difference between a home inspection and an appraisal? Have you budgeted for closing costs? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Home Inspection.

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The 11 do’s and don’ts of buying a new build

Housing Wire

Many builders offer incentives or are open to negotiating closing costs, lot premiums and other expenses. For quick move-in homes, closing dates can also be adjusted. Third-party inspections Although city and county inspectors verify code compliance, hiring an independent home inspector can provide additional peace of mind.

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Bummer! Existing-home sales flop, but relief could be on the way

Housing Wire

After a modest monthly uptick in July, existing-home sales fell 2.5% Sluggish sales left total housing inventory at 1.35 more than a year ago, bringing months of supply at the current sales pace to 4.2. New-home sales — while making up a considerably smaller share of the housing market — rose sharply in July. And it’s 22.7%

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From consultation to closing: The definitive homebuying checklist

Housing Wire

Clarify key steps like inspections, appraisals, and the importance of meeting deadlines and any impacts of missing them. Closing: Briefly review what to expect on closing day, including a final walkthrough, signing documents, and collecting the keys to their new home. Encourage your buyers to keep an open mind.

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Selling your home? Make sure you’re aware of hidden costs

Housing Wire

According to Redfin, the average real estate commission is 5%–6% of the home’s sale price. A concession is when the seller agrees to pay part of a buyer’s closing costs. A seller concession could include putting money towards the inspection costs, appraisal fees, taxes or another expense. Seller Concessions.

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Your House Didn’t Sell. Here’s What To Do Now.

Keeping Current Matters

That’s like leaving the fate of your sale to a coin toss. What we need to do now: We need to analyze the latest sales in your area to make sure you’re hitting the right number. Over 70% of homeowners who re-list with a different agent sell their house. Re-list with the same agent? And that’s not good enough.

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