Closing costs Renovation Sales 
Housing Wire
JUNE 10, 2021
Home improvements and renovations are also important to buyers. According to Redfin, the average real estate commission is 5%–6% of the home’s sale price. A concession is when the seller agrees to pay part of a buyer’s closing costs. Sellers also have to pay closing costs. Seller Concessions. Bottom Line.
Housing Wire
MAY 8, 2023
Once the transfer of ownership occurs at foreclosure auction, a distressed property can be renovated and returned to the retail market as affordable housing for homeowners or renters. “[I My renovated homes are] reducing the number of rental properties , which in our town has become a source of demise.”
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Housing Wire
MARCH 28, 2022
These companies are advancing the market and closing fragmentation gaps by using technology to digitize and simplify multiple aspects of the real estate value chain to create a better customer experience. For this strategy to work, iBuyers need to know all the elements of a sale beforehand to price out the purchase.
HomeLight
NOVEMBER 9, 2021
Closing costs are assumed to be part of doing business in real estate, but do cash buyers pay closing costs? Yes, you can expect charges for attorney hours, taxes, plus title and recording fees to still apply, though the use of cash can greatly reduce a buyer’s closing costs with the elimination of mortgage fees.
The Close
NOVEMBER 25, 2024
When looking into your finances, consider the following factors: Closing costs: These are generally 2% to 5% of the property’s sales price and include lender fees, title insurance, property insurance, and property taxes. The higher the home’s sale price, the higher your closing costs.
BAM Media
DECEMBER 19, 2024
Sellers remain confident in their ability to move properties quickly, with 72% expecting to close within 4 months or less.
HomeLight
SEPTEMBER 30, 2020
But what if you’re buying a short sale? Does that mean you might encounter even more reasons to cry while trying to get a short sale mortgage loan ? Securing a short sale mortgage loan isn’t that different from purchasing a standard home. What’s a short sale ? Well, it depends.
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