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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

What’s the difference between a home inspection and an appraisal? 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. Home Inspection. Have you budgeted for closing costs?

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How Does a Title Search Work

Realty Biz

When you’re buying a home, you’ll need a title search so that you can get title insurance. Title searches can also reassure buyers, making sure there is a smaller chance of problems with the title later on. We will take a look at the things you need to know about a title search and how it works.

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8 Essential Steps to Navigating Escrow in Home Buying

Realty Biz

The National Association of Realtors (NAR) conducted a survey in October 2022, revealing that approximately 7% of deals in the preceding three months got terminated before reaching the closing stage. During this stage, the buyer, seller, or their respective agents select an escrow agent who will oversee the process.

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First Time Selling a House Checklist

Realty Biz

Research the Local Market Before listing your home, it's crucial to research the local real estate market. Understand the current market conditions, including recent sales, average time on the market, and pricing trends. For example, the market has recently shifted in some areas of the country.

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Can You Put an Offer on a House That’s Contingent?

RIS Media

Real estate listings go through different stages. Homes that are listed as pending or sold are officially off the market. . Other factors can also put a home back on the market. Appraisals that are lower than expected may put a home back on the market. Home inspection problems. The title search reveals issues.

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The Duties and Responsibilities of a Buyer's Agent

Realty Biz

Whether it's a first-time homebuyer or an experienced investor, a buyer's agent plays a crucial role in guiding clients through the complexities of the real estate market. They provide expert guidance, market insights, and negotiation skills to help them find and purchase a suitable property.

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A Comprehensive Guide to Finding the Best Foreclosures in Your Area

Realty Biz

Foreclosures, in particular, offer a unique opportunity to purchase properties at below-market rates. Researching Foreclosures Start your search by understanding the real estate market in your area. Auctions: Properties not sold in the pre-foreclosure stage go to auction.