Inspection Mortgages Seller concession Title search 
Realtor.com
NOVEMBER 15, 2022
One type of incentive that buyers—and sellers—can use is called seller concessions. Seller concessions occur when a seller agrees to cover the cost of things the buyer usually pays for, such as closing costs , title searches, property appraisals, and other fees. How do seller concessions work?
Real Trends
JULY 11, 2022
They need to understand: What earnest money is and what happens to it if the sale falls through (and if it doesn’t) How long the seller has to respond to an offer Who is responsible for an inspection What happens if an inspection reveals significant problems that require repair. Concessions. Private mortgage insurance.
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Realty Biz
APRIL 20, 2022
Home Inspection Contingency. One of the most common terms in an offer is the home inspection contingency clause. When the home inspection finds some problems, the seller might agree to cover the cost and have the problem fixed. Mortgage Financing Clause. Common Contingencies Found in an Offer to Purchase.
HomeLight
MARCH 31, 2021
Seller’s closing costs in Georgia. Although many closing costs are negotiable, sellers in Georgia are traditionally on the hook for the following: 1. You must pay off your mortgage before you transfer the title to your house. We often encourage [sellers] to keep an eye on that. Title search fee.
Windemere Buying
JUNE 22, 2022
The timeline for inspections during the closing process vary state to state. Getting the home inspected allows you to ask the seller that certain repairs be made, request seller concessions, and renegotiate your offer. When the sale closes, the money goes toward the down payment or closing costs.
HomeLight
NOVEMBER 10, 2021
Loan origination and processing fees (1%-3% of the loan amount): Lenders charge these fees for the preparation and evaluation of the buyer’s mortgage. General and specialized inspections ($350 for general, $100 for special): Most buyers opt to hire a professional inspector to look under the hood of a home before they cement their purchase.
Redfin
MARCH 3, 2022
You’ll want to rethink purchasing that beautiful new couch and hold off on planning those backyard additions before the title has been cleared. From appraisal issues to home inspection roadblocks, there’s a lot that can go awry before finally closing on your property. So how can you avoid a delayed closing? How to remedy the situation.
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