Closing Design Earnest money deposit Inspection 
Realty Biz
JULY 1, 2023
The National Association of Realtors (NAR) conducted a survey in October 2022, revealing that approximately 7% of deals in the preceding three months got terminated before reaching the closing stage. In other words, while it is uncommon for buyers to back out of a deal, it does occur on occasion.
HomeLight
OCTOBER 17, 2022
These legally-binding requirements are designed to enforce transparency in the dealings so as to avoid physical or financial harm to the parties involved. HomeLight’s free Agent Match platform can connect you with a top-performing agent in your market who can help you navigate your entire home-selling journey — from disclosures to closing.
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HomeLight
JANUARY 3, 2023
We’ll also provide a comprehensive overview on the full process to prep, market, and close on your home without the assistance of a real estate agent. Real estate attorneys are not considered essential for closing in Colorado. That 6% is deducted from the seller’s proceeds at closing. Real estate transfer taxes: 0.01%.
The Close
FEBRUARY 14, 2024
Myth #5: Buyers Prefer an ‘HGTV Style’ Home Remodel HGTV brought a lot of great things to homes—interior design on a budget, a newfound love for historic homes, and, of course, the dreaded open floor plan. Trevor James, writer and coach , The Close “On my very first deal, I took my clients to see a cute loft-style condo.
Redfin
JUNE 21, 2023
Never buy a property without having an inspection A home inspection is pivotal in identifying potential flaws within a property. Home inspections can also help determine an investor’s renovation budget and help alleviate newfound stressors throughout the rehab process.
Redfin
MARCH 2, 2023
These conditions typically relate to the sale of the buyer’s current property, securing financing, passing a home inspection, or the home being appraised reflects fair market value. Timing: An appraisal contingency is typically included in the initial purchase agreement and is usually resolved during the inspection period.
HomeLight
AUGUST 31, 2021
It’s the moment when you can’t bear to see another piece of paper related to your home sale that you’ll receive the settlement statement — also known as a closing statement in real estate. Sellers can expect to pay between 6%-10% of the final sale price in commissions and closing costs, so it’s nice to see exactly where that money is going.
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