HomeLight

JULY 31, 2022

It’s important to distinguish that appraisals are not intended to be a home inspection. These are standards related to the overall condition of a property which will play a role in the willingness and/or ability of a lender to finance a buyer’s loan. How does a buyer’s loan type affect minimum property standards?

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HomeLight

MARCH 6, 2023

The Bay Area is also close to beaches, national parks, and the wineries of Napa Valley. Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more. Loans are between 3%-3.5%

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HomeLight

MARCH 2, 2023

People who live here love the proximity to some of the west coast’s best beaches, as well as being close to destinations like Disneyland, Joshua Tree National Park, and the deserts of Palm Springs. Closing costs in California average about 1% of the home’s sale price , and there are other pre-paid costs you might have as well.

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HomeLight

MARCH 31, 2021

A seller credit is a type of seller concession where the seller offers the buyer money at closing to sweeten the deal. Buyers appreciate seller credits since these essentially discount their closing costs which are typically between 2% and 5% of the home’s purchase price. Seller credits are money the seller gives the buyer at closing.

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HomeLight

AUGUST 9, 2022

To make a long story very short, your down payment is officially due at the time of closing. So the down payment is due at closing? Down payments are always due at the time of closing,” says Jeremy Larsen , a Dallas -based real estate agent with 13 years of experience. Jeremy Larsen. Real Estate Agent. Jeremy Larsen.

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HomeLight

SEPTEMBER 1, 2022

Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more. Homebuyers in Connecticut pay an average of just over $2,700 in closing costs when purchasing a home. down payment.

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HomeLight

SEPTEMBER 1, 2022

Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more. Raymer says that for her clients, especially first-time buyers, she suggests an FHA loan, which only requires 3.5%

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Earnest money deposit FHA loan Purchase and sale agreement Title 76

HomeLight

DECEMBER 29, 2023

“Typically, the reasons are like an estate sale where they’ve inherited the property, and they don’t have the funds or the inclination to prepare the property for the market. But, the seller has an advantage in that particular market, ” according to Alicia Sierra , a top St. Louis market,” she says.

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Realty Biz

JUNE 7, 2021

It’s typically based on reliable and up-to-date information provided by a real estate agent knowledgeable about the local market. The agent’s suggested price comes from what is known as a “market analysis.” An asking price at the high end of the market is used for mostly the opposite reasons. Seller’s market.

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HomeLight

JANUARY 14, 2022

Before you get the keys and move in, there are a number of important steps in the closing process you have to complete. As you run down the list of steps from appraisals to final walkthroughs, you may find yourself focusing on one item in particular: the home inspection. How much does a home inspection cost? Warren Barnes.

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HomeLight

MAY 28, 2021

When you see the term “sold as-is” on a listing or marketing material, that means the seller is telling you upfront they are selling the property in the exact condition you see it in. For example, let’s say a tree crashes through a window or the roof sometime after you and the seller signed the contract but before the closing.

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HomeLight

AUGUST 24, 2022

Clients maximize the value of their quick home sale with a competitive top market offer and no additional fees, commission or upfront costs. Average days on market for Connecticut. Real estate attorneys are considered essential for closing in the state of Connecticut. Request Offer. Median sales price in Connecticut.

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HomeLight

DECEMBER 29, 2021

You can’t always avoid [a low appraisal],” says Megan Walters , a top-rated agent who sells homes 40% faster than the average agent in her Columbia, Missouri, market. Some reasons that your home might not appraise as well as you’d like include: Sluggish housing market, which results when values make a sharp downturn (a la 2008).

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Purchase and sale agreement VA loan Loans Agents 104

HomeLight

DECEMBER 23, 2021

Other areas where code violations can be discovered: Missing expansion tank for water heater – A water vessel placed inline in a closed hot water plumbing system to help protect against leaks caused by excessive pressure due to the natural expansion of water as it’s heated. This could become a negotiating point with the buyer.

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HomeLight

OCTOBER 29, 2021

Let’s be honest: 2020 (and the bulk of 2021) have been pretty intense for all of us, and in many regions, the real estate market seems to reflect that stress. Take a look at these tips and insight into finding your way to homeownership as a first time buyer , as well as some things that you really shouldn’t do in today’s market.

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Redfin

FEBRUARY 10, 2021

What to Expect for the Housing Market in 2021. housing market is different. While the economy expands and contracts, the housing market reacts, producing buyers and seller’s markets. The housing market will remain strong through 2021 as the economy recovers from the pandemic-driven recession.

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HomeLight

AUGUST 12, 2022

Skip repairs and close in as few as 10 days. Average days on market for California. Real estate attorneys are not considered essential for closing in the state of California. We’re marketing a previously loved property that needs a little bit more TLC from the next homeowner.”. Request Cash Offer. Disclosures.

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