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How to navigate the real estate market through seller concessions

Real Trends

Agents, has the fluctuating market made it more difficult to close deals this past year? As Realtors, we had to think creatively to help our sellers sell their homes. To think outside the box, some Realtors began using seller concessions. You are certainly not alone. In some areas of the U.S., In some areas of the U.S.,

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Killer Tips For Negotiating a Home Inspection

Realty Biz

One of the most vital phases of buying a house is having it inspected. Home inspections over the last few years were few and far between. The crazy hot seller's market forced many home buyers into forgoing their inspection. Instead of markets dramatically favoring sellers, they are becoming more balanced.

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What are Closing Costs?

Windemere Selling

The closing process in a real estate transaction finalizes the terms of an agreement between the buyer and seller, leading to the transfer of the property’s title. Before a buyer can hold the keys to their new home, and before a seller can celebrate the sale of their property, closing costs must be paid.

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Are There Disadvantages to the Seller Paying the Buyer’s Closing Costs?

HomeLight

Industry experts estimate that sellers can expect to pay anywhere from 6% to 10% of their home’s purchase price in closing costs when it’s time to sell. So if your home sells for $450,000, you could spend anywhere between $27,000 to $45,000 in seller fees. Property inspections. Typical seller closing costs.

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Selling a House in Delaware? You’re on the Hook for These 9 Closing Costs and More

HomeLight

As a seller, your home sale price and proceeds are very different numbers. You’ll need to subtract your closing costs to determine how much money you’ll walk away with after the sale. So, what are closing costs in Delaware? In Delaware, sellers typically pay 6% to 10% of the home’s sale price in closing costs.

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What Are Common Terms and Conditions in a House Offer

Realty Biz

Common Contingencies Found in an Offer to Purchase. Home Inspection Contingency. One of the most common terms in an offer is the home inspection contingency clause. This contingency gives you a way to back out of the deal with your earnest money if the home inspector finds some serious issues. Closing Date.

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What Happens After Making an Offer on a House?

Windemere Buying

Sellers will typically request alterations like a higher price, a modification to your contingencies , or an adjustment of closing dates. Prepare for counteroffers ahead of time with your agent by discussing your price limit , how much you’re willing to budge on your contingencies, your flexibility around closing dates, etc.