HomeLight

OCTOBER 31, 2024

In this post, we explore the question: Are closing costs tax deductible? What are examples of seller closing costs? When selling a home, you’ll encounter various closing costs as part of the process. On average, sellers pay between 2% and 5% of a home’s sale price in closing costs.

Closing costs

Housing Wire

APRIL 28, 2025

Our partners are using our technology to offer an incredible range of innovative solutions, including cost-effective title search services, helping to match borrowers with eligible down payment assistance programs, and support for specialty loan programs, among others. These transitional measures are not a long-term solution.

Technology

Housing Wire

JULY 29, 2025

Our industry was the most innovative and creative in figuring out how to make closings happen by using technology like remote online notarization to drive the real estate market forward and ultimately help drive the greater economy. A great example of that is title decision engines that are a major part of every major underwriting operation.

Title

Redfin

FEBRUARY 20, 2025

Closing costs arent just a buyers responsibility – sellers have their own expenses to consider as well. On average, sellers can expect to pay between 6% to 10% of the sale price in closing costs , including agent commissions, transfer taxes, and title fees. What are closing costs for sellers?

Closing costs

Redfin

JUNE 5, 2025

The absence of mortgage payments, the speed of closing, and the strong appeal to sellers are undeniable benefits. Many cash buyers assume that by sidestepping a home loan, they also bypass the complex array of fees associated with closing. These are not tied to a mortgage but are inherent to transferring property ownership.

Closing costs

Marco Santarelli

DECEMBER 29, 2024

This upward trend in rates can be attributed to renewed investor interest and adjustments in long-term bond yields, which are closely linked to mortgage rates. Understand Closing Costs: Be aware that refinancing typically involves closing costs similar to those you encountered when purchasing your home.

Mortgages

Redfin

JUNE 30, 2025

When it comes to whether or not a seller has to be present at closing, the short answer is no. When selling a home, the seller can often close remotely or through a representative. That said, laws and practices vary slightly by state, so it depends on how the title company, attorney, or escrow agent handles closings.

Closing

Redfin

JUNE 17, 2025

Selling a house can be a long process, and it makes sense that the seller would want to know when the seller gets money after closing – especially if those funds are being used to purchase a new home. In this Redfin article, explore what to expect during the closing process and when the seller can expect to receive their funds.

Closing

Redfin

JUNE 23, 2025

In real estate, the due diligence period is the time between an accepted offer and closing. You can schedule inspections, review the title, secure an appraisal, and check for any red flags that could affect your decision to buy. You put an offer on a home and it’s been accepted, now the due diligence period begins.

Due diligence

Marco Santarelli

DECEMBER 20, 2024

A quarter-point increase from 5% to 5.25% adds close to $40 to your monthly bill. Title Search and Insurance: These fees are related to verifying ownership and protecting the lender's interest. This can add up significantly over the 30-year span of the loan.

Mortgages

Windemere Buying

MAY 19, 2025

Making a Contingent Offer on a Home Once you and the seller agree on the price of a home, both parties have certain responsibilities before closing. If an unpaid lien or unpaid taxes turn up in the homes title search, this contingency also allows you to back out of the deal and look for another home.

Home sale contingency

Redfin

JUNE 11, 2025

Title contingency A title contingency gives the buyer the right to review the results of a title search and cancel the contract if any issues related to ownership or property rights are uncovered. The title company typically conducts this search shortly after the contract is signed.

Purchase and sale agreement

Redfin

JUNE 27, 2025

Don’t skip critical steps like the home inspection or negotiating closing costs. Take note of closing costs, loan terms, and any additional fees. Missing out on first-time homebuyer programs Between saving for a down payment and covering closing costs, buying a home can feel financially overwhelming.

Pre-approval

Redfin

JULY 30, 2025

The payment is usually made via wire transfer or cashier’s check at closing. Because there’s no lender involved, cash deals tend to close faster and carry fewer complications. The payment is typically made through a wire transfer or a cashier’s check at closing. Both parties sign closing documents, finalizing the sale.

Purchase and sale agreement

Redfin

JULY 29, 2025

A lot of people will ask “Is down payment included in closing costs?” Closing costs are all the fees for the services needed to finalize the home sale. This includes things like appraisal fees, title insurance, and lender fees. ” when they’re buying a home. It’s your personal investment in the property.

Closing costs

HomeLight

OCTOBER 25, 2024

Disclaimer: Information in this blog post is meant to be used for educational purposes only, not as a guaranteed representation of closing costs. To find out exactly how much you’ll owe at closing as a seller in Washington state, work with a top local agent who can prepare a detailed net sheet breaking down each expense.

Closing costs

Redfin

JULY 30, 2025

Yes, you can sell a house with a lien on it, but the lien must be resolved during the closing process. Most buyers (and their lenders) require a clear title, meaning no outstanding claims on the property. Verify the lien Request a title search or check with your county records to confirm any liens on your property.

Title search

Redfin

JULY 9, 2025

Between setting a budget, getting pre-approved, and closing the deal, getting everything squared away can make all the difference. Determine your budget Estimated time: 2-4 weeks Before jumping into your home search the first step is to determine how much you can afford. There are many steps involved, each with its own timeline.

Pre-approval

Redfin

JANUARY 28, 2025

Both the buyer and seller must work closely with the lender to ensure compliance with the loans terms and approval requirements. While it may take longer to close, the benefits can make it worthwhile. Fewer closing costs: Assuming a loan typically involves lower closing costs compared to obtaining a new mortgage.

Loans

Rochester Real Estate

NOVEMBER 5, 2015

Title Search and Examination Before completing a real estate transaction, verifying the property’s title is crucial to ensure it is free from any liens, encumbrances, or disputes. Real estate lawyers conduct thorough title searches to uncover property ownership rights issues. chat_bubble close How Can I Help?

Purchase and sale agreement

Rochester Real Estate

NOVEMBER 5, 2015

This involves making a careful budget that includes potential costs like the down payment, closing costs, taxes, and possible renovation expenses. Once you’ve found a home, you’ll need to make an offer, inspect the property, and navigate the closing process, which may involve legal nuances specific to New York. Contact Me!

Purchase and sale agreement

Rochester Real Estate

NOVEMBER 5, 2015

Additional Costs and Closing Fees In addition to the realtor fees, additional costs and closing fees may be associated with the home sale. These costs can include title search fees, attorney fees, transfer taxes, and any other expenses related to the closing process. chat_bubble close How Can I Help?

Purchase and sale agreement

Redfin

JULY 24, 2025

However, you will almost certainly have to cover closing costs. We’ll explain how it’s possible to roll closing costs into your new loan, potentially eliminating the need for upfront cash. How to avoid paying closing costs. How to avoid paying closing costs on a refinance?

Mortgages

Redfin

JULY 11, 2025

This good-faith payment, typically 1% to 3% of the purchase price, is held in escrow and applied to your down payment or closing costs if the sale goes through. Whether you get it back depends on the terms of your purchase agreement, the contingencies included, and why the deal didn’t close. When is earnest money refundable?

Earnest money deposit

Rochester Real Estate

NOVEMBER 5, 2015

Other examples of market condition indicators that a top producing Realtor will provide a home seller before listing their home include market absorption rates , number of closed transactions year-over-year for a given month, average sale prices, and average list price to sale price ratios. The sale price is the price a home is sold at.

Purchase and sale agreement

HomeLight

NOVEMBER 19, 2024

Title companies handle several critical tasks during a real estate transaction, including: Title search: They research the property’s history to confirm the seller has the legal right to transfer ownership. Resolving title issues: If any disputes or claims are uncovered, the title company works to resolve them before closing.

Title

Rochester Real Estate

NOVEMBER 5, 2015

They often provide searchable databases to streamline your search process. Your real estate attorney may also be able to assist with finding valuable information through a title search. chat_bubble close How Can I Help? Call us at (585) 704-7095 close Thinking About Making A Move In 2025? Contact Me!

Due diligence

Redfin

FEBRUARY 21, 2025

Many counties maintain online databases where you can search property records by address or the owner’s name. You can also request a formal title search, which might require a small fee but provides a comprehensive look at any existing claims against your property. How much does a lien search cost?

Title search

Housing Wire

MARCH 10, 2025

In an industry dominated by private insurers, Iowa Title Guaranty (ITG) continues to operate as a state-run, not-for-profit title system that gives homebuyers a more affordable avenue for settlement services. Iowa bans private commercial title insurance in favor of its unique state-backed model.

Title

HomeLight

FEBRUARY 20, 2025

Well, according to Florida real estate agent Damian Costantino, a contingency is a stipulation written into the purchase contract that needs to be met or resolved before moving to the closing table. Title contingency: The sale of the home is contingent on the title search showing no issues or concerns.

Inspection contingency

Rochester Real Estate

NOVEMBER 5, 2015

Conducting a thorough title search and researching the home’s history is essential. Obtaining title insurance to protect your interests is advisable. Clearing Title Issues with Quitclaim Deeds While quitclaim deeds are commonly used for transferring property, they may not effectively clear specific title issues.

Title

Housing Wire

FEBRUARY 25, 2025

For fix and flips, theres only a seven-day cash-to-close turnaround, so you can jump right into investing. A loan can be approved in as little as 24 hours and can close in as little as 48 hours. The proof is in the pudding. Easy Street Capital is a trusted company that stands out in 2025 due to its quick approval process.

Hard money loan

Housing Wire

JANUARY 8, 2021

Understanding what expenses are required at closing to buy a house will help you budget and save more effectively. In this article, we break down exactly what closing costs are so you’re prepared when you start shopping for a home: What are closing costs? Closing costs are the thousands of dollars associated with buying a home.

Closing costs

Housing Wire

MARCH 28, 2024

Seemingly forever, the average time between reaching a sales agreement and closing on that property has hovered around 45 days — a month and a half. When asked why it takes an average of six to seven weeks to get to closing , there are a lot of complex (and honest) answers. But there’s also room for improvement.

Closing

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. Should the appraisal come in lower than the contract price, the closing process may be impacted.

Inspection

Housing Wire

NOVEMBER 22, 2023

Seemingly forever, the average time between reaching a sales agreement and closing on that property has hovered around 45 days — a month and a half. When asked why it takes an average of six to seven weeks to get to closing, there are a lot of complex (and honest) answers. There’s an entire industry built upon the “What’s next?”

Closing

Housing Wire

DECEMBER 16, 2022

However, most Americans don’t learn about title insurance until they buy their first home and amid the often stressful, frenetic activity of the closing process, homebuyers can be confused about many of the settlement costs and why they need to purchase a title insurance policy. Diane Tomb, ALTA CEO Contributor.

Title