Remove Construction Remove Earnest money deposit Remove Title search
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Your Guide to Buying a Home in the Sunshine State of Florida

HomeLight

As far as home styles go, new construction is trending toward a country style, says Raymer. Get creative with your offer — you may want to offer a larger earnest money deposit, schedule a quick closing, or even consider letting the seller rent the house back from you for a certain period of time. Order a title search.

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How to Buy a House in the Bay Area: 14 Steps to Close the Sale

HomeLight

He explains that owning a house is the most constructive and easiest way to build wealth, and even if you pay more now, you are still building equity, and will likely enjoy significant tax benefits. “If you can find a home you like and you can qualify for the monthly payment, that is literally all that matters.

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Understanding What Escrow is and How it Works

Redfin

It also benefits the seller in case the buyer pulls out of the deal without a contractual basis to do so, in which case the seller would get to keep the earnest money deposit. . After you and the seller negotiate the sale contract, the title company runs a title search to check the home’s title history.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

Chain of title is an historical record of previous owners of a property that’s essential in establishing the legal ownership of the property. An established chain of title helps protect the buyer from future challenges to ownership. A title search helps create that chain and is usually conducted by a lawyer or title company.