Remove Inspection Remove New Construction Remove Sales Remove Title search
article thumbnail

New Year, New Home? 9 Myths About Buying a New-Construction House That Actually Aren’t True

Realtor.com

Getty Images Many first-time homebuyers might shy away from the prospect of buying a brand-new home, assuming: It will cost too much. While purchasing new construction is indeed different from purchasing previously owned property, many misconceptions abound about new builds. New construction homes are more expensive.

article thumbnail

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.

Closing 75
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Much Are Closing Costs in Georgia?

HomeLight

Both buyers and sellers are responsible for certain fees and closing costs in a home sale transaction, which we’ll break down in more detail in the next section. For sellers, the lion’s share of the closing costs is the agent commissions, which are percentages of the home’s total sales price. Who pays for closing costs in Georgia?

article thumbnail

11 Things to Do Before Listing Your Home That Are Worth the Effort

HomeLight

Unless they’re buying brand-new construction , buyers consider your home “used” and wonder how soon they’ll have to replace or repair something, such as a major appliance. You’ll better coordinate steps such as a pre-listing inspection and preliminary title report before your house hits the market (more on those below). “I

article thumbnail

How Much Are Closing Costs in Nebraska?

HomeLight

1.36% of the home’s final sale price in Nebraska, with an average of 1.32%. Sellers typically pay: 8%-10% of the home’s final sale price. An attorney is not required for real estate sales in Nebraska. for every $1,000 of the sales price. Buyers typically pay: 0.9%-1.36%

article thumbnail

How Much Are Closing Costs in Pennsylvania?

HomeLight

Home inspections, earnest money, mover’s fees…the costs of buying a home in Pennsylvania can add up. Buy for cash or sell to a cash buyer: A cash buy or cash sale can eliminate two of the biggest expenses: mortgage fees and commissions. The example costs provided are based on median home prices and typical fees.

article thumbnail

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

Redfin

Once you have selected a title insurance company, they’ll run a title search and send a report of any claims found against the property, also known as encumbrances. Schedule a home inspection and negotiate concessions for any issues. Ideally, your purchase agreement included an inspection contingency.

Closing 73