HomeLight

MARCH 22, 2022

All in all, North Carolina is homebuyer-friendly compared to the national median of a single-family home sale at $353,600 in 2021. “I Not to rain on your parade, but North Carolina has something called the due diligence fee, separate from the down payment or earnest money deposit, that you need to have ready to nab that home.

Due diligence 105

Due diligence Closing costs Earnest money deposit Loans 105

HomeLight

JANUARY 27, 2021

With fixed-rate interest, your rate remains the same over the life of the loan, which means every mortgage payment you make will be the same amount for the entire loan term (in the beginning, these payments will cover mostly interest, but you’ll start paying down the principal after a few years). Adjustable-rate interest.

Closing costs 119

Closing costs Inspection Loans Earnest money deposit 119

The Close

DECEMBER 29, 2022

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. ” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met. Balloon mortgage. ” A.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98