Housing Wire

OCTOBER 16, 2023

Homebuyers using a variety of mortgage loans to finance their home purchase are eligible to use assistance options to help with their down payment and/or closing costs. This approach is negotiated in the contract; it’s a seller concession to the buyer for a set amount. Let’s use $10,000 as an example.

Agents 435

Agents Seller concession Closing costs Mortgages 435

HomeLight

DECEMBER 2, 2021

Sample seller expenses for a $453,300 house. Cost to seller. Seller concessions. But in Texas, the seller customarily pays for the owner’s policy while the buyer pays for the lender’s policy. Seller concession. If the buyer finances the home purchase, their lender typically caps seller concessions.

Seller concession 122

Seller concession Staging Inspection Renovation 122

Realty Biz

JULY 31, 2023

The higher the risk of the borrower defaulting, the more the lender must charge to justify the risk, and the less money they’ll lend against the same collateral. Fortunately, you can pay for all materials using your credit cards, to finance them. Not all sellers will consider it, of course. Remember, lenders price based on risk.

Seller concession 82

Seller concession Renovation Closing costs Equity 82

Real Trends

OCTOBER 16, 2023

Homebuyers using a variety of mortgage loans to finance their home purchase are eligible to use assistance options to help with their down payment and/or closing costs. This approach is negotiated in the contract; it’s a seller concession to the buyer for a set amount. Let’s use $10,000 as an example.

Agents 105

Agents Seller concession Closing costs Mortgages 105

HomeLight

NOVEMBER 30, 2022

Lending emotional support during the process. Overseeing the next steps once an offer is accepted — helping with financing approval, keeping track of timelines, explaining the inspection report. See related story: Can a Realtor Represent Both the Seller and Buyer? Scheduling home showings.

Agents 111

Agents Purchase and sale agreement Technology Seller concession 111

Redfin

MARCH 3, 2022

Although a delay in closing isn’t always the case, it’s best for both buyers and sellers to be aware of the common reasons for delayed closings. Financing issues. Unless you’re submitting an all-cash offer, you’ll need to obtain financing to purchase your home. Clouds on the title.

Closing 63

Closing Title search Purchase and sale agreement Title 63

Housing Wire

OCTOBER 29, 2024

According to Wang, sellers who have also been buyers in recent years — barring them from filing claims against the settling parties as buyers if they are part of the settlement class — would be better off if they could bring claims under state consumer protection statutes or false advertising statutes.

Brokerage 448

Brokerage Seller concession MLS As-is 448

HomeLight

APRIL 29, 2022

HomeLight works with your agent to make an offer on your current home, so you can make an offer on a new home with no lending or home sale contingency. Cash offers are typically three times more likely to win and can get you a 5% savings, on average, versus offers with a financing contingency. What does Opendoor offer home sellers?

Agents 105

Agents MLS Home sale contingency Closing 105