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6 Critical Questions to Ask When Buying Land

Realty Biz

Things to Find Out Before Purchasing Land. Performing due diligence is vital when purchasing a home. However, it is important to ask questions and get advice before making a purchase. These are the questions that you should either ask a Realtor or a land owner before making a purchase. Is The Land Buildable?

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How to Conduct a Smooth Real Estate Transaction

McKissock

Purchasing property, especially a home, can be a very emotional experience. Constructing a real estate offer is an art. In order to reach an acceptable agreement with the most favorable terms, make sure your buyers are aware of the market and the most important factors when constructing an offer. Title search.

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Should You Interact With The Buyers Before Your Sale Closes?

Toronto Realty Blog

The note for the 2017 sale was longer and a bit mushier, as I disclosed that I had proposed to my wife in the condo, and that we brought our first child home to the condo, and that we wished the new buyers all the love and happiness in the world as they created new memories and experiences of their own in the condo.

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The Duties and Responsibilities of a Buyer's Agent

Realty Biz

They provide expert guidance, market insights, and negotiation skills to help them find and purchase a suitable property. A study by Collateral Analytics suggests that having a buyer's agent can significantly reduce the time a buyer spends searching for a home, streamlining the process and reducing stress.

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Heads Up Seller: You’re on the Hook for Paying Both Real Estate Agents’ Commission

HomeLight

of the final home sale price. While the seller is the one who technically pays commission fees, they don’t pay the commission until after they’ve received their home sale proceeds. Some listing agents (around 3% nationally) charge a flat-fee for their services instead of taking a commission based on the final sale price.

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Understanding What Escrow is and How it Works

Redfin

Escrow starts with your purchase offer on a home and ends when you close on the house. This is a contractual agreement that begins after you close on your home and ends once you’ve paid off your mortgage or refinance with another lender. The escrow agent is typically a title company , a bank, or a separate escrow firm.

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How Long Does it Take to Close on a House? 11 Steps From Your Offer to Keys in Hand

Redfin

Practically speaking, you’re committed to your lender from this point forward, since there won’t be time to restart the mortgage process with a new lender and still meet the closing date shown in your purchase agreement. This includes finalizing the property you are purchasing. When you get your estimate, review it closely.

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