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21 Essential Tips for First-Time Homebuyers

Redfin

State and local programs: Cities and states may offer down payment assistance, forgivable loans, or closing cost help. Fannie Mae’s HomePath Ready Buyer Program : This offers up to 3% in closing cost assistance when purchasing a HomePath property and completing a homeownership course.

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Selling a House ‘As Is’ in South Carolina

HomeLight

Real estate attorneys are considered essential for closing in the state of South Carolina. A good time to complete the State of South Carolina Residential Property Condition Disclosure Statement is before listing your home or requesting an offer. Yes Is a real estate attorney required? This way, you know it’s taken care of.

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How to Find & Buy for Sale by Owner (FSBO) Homes in 6 Steps

The Close

This process involves multiple stages, starting with identifying an FSBO listing to securing appropriate financing and completing the closing procedures. Bridge loans: These are primarily used for commercial assets to aid in residential property acquisition so investors dont miss out on lucrative opportunities.

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Selling a House ‘As Is’ in Hawaii

HomeLight

508D statute says, at 508D-4 and 508D-5 , that no one may sell residential real property without signing and dating a disclosure statement within the six months before or ten calendar days after accepting a prospective buyer’s real estate purchase offer. Hawaii Rev. This gives potential buyers an idea about the homes condition.

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The Best Mortgage Blogs From 2017 | Advice For Home Financing

Rochester Real Estate

Advice On Home Financing | The Best Mortgage Blogs From 2017 Potential FHA Mortgage Quirks Anita Clark, a Real Estate agent in Bonaire GA who has been serving the residential real estate needs of consumers in middle GA for the past decade, provides some informative thoughts on potential FHA mortgage quirks.

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3 Reasons Why Houses Are So Expensive Right Now

Redfin

Investors have taken a growing share of homes Housing investors any institution or business that purchases residential real estate have also taken a growing share of the overall market. Negotiate aggressively: With more inventory, buyers often have more room to negotiate on price, repairs, or closing costs.

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

Housing Wire

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. The home inspection, appraisal and closing are all crucial steps in the home-buying process.