Housing Wire
JUNE 30, 2021
Data analytics giant CoreLogic announced on Wednesday the acquisition of closing cost data and tech provider ClosingCorp. Previously, ClosingCorp integrated CoreLogic’s Property Tax Estimator into its SmartFees service and closing platforms in 2018. Further details of the acquisition were not disclosed.
HomeLight
AUGUST 20, 2021
If you’re selling a home in Connecticut, you should familiarize yourself with closing costs that sellers pay to finalize the transaction. The average closing costs for home sellers fall between 6% to 10% of the home’s sale price. Connecticut sellers can count on these costs. Source: (Roger Starnes Sr / Unsplash).
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Housing Wire
JUNE 11, 2021
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 buyer typically covers the cost of the appraisal.
HomeLight
NOVEMBER 9, 2021
Closing costs are assumed to be part of doing business in real estate, but do cash buyers pay closing costs? Yes, you can expect charges for attorney hours, taxes, plus title and recording fees to still apply, though the use of cash can greatly reduce a buyer’s closing costs with the elimination of mortgage fees.
Redfin
APRIL 13, 2021
But what if you recently bought a home, are closing costs tax-deductible? Before answering that question, it’s a good idea to understand what closing costs are and what is typically included in them. What Are Closing Costs? Closing costs are the fees you pay when you obtain a mortgage loan.
Housing Wire
MARCH 20, 2024
Ally Home , the residential mortgage lending arm of Ally Bank , is offering a $5,000 grant for eligible homebuyers in the select markets of Charlotte, Detroit and Philadelphia, the company announced on Tuesday. The upfront lump sum can be applied toward a down payment, closing costs or other expenses related to the homebuying process.
Housing Wire
MARCH 9, 2023
residential real estate mortgages, would not confirm nor deny the rumors. “We We know that closing costs continue to be a barrier for homebuyers – especially among underserved populations and first-time homebuyers,” a Fannie Mae spokesperson wrote in an email. “The Fannie Mae, which currently backs almost $4.1 trillion in U.S.
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