Real Trends

APRIL 11, 2023

To think outside the box, some Realtors began using seller concessions. Whereas seller concessions make the home-buying process more affordable and exciting for potential buyers, while also maintaining the home and the community’s value. In some areas of the U.S., So, what do you do?

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Seller concession Closing costs Purchase and sale agreement Inspection contingency 76

HomeLight

MARCH 31, 2021

While researching the home sales process, you’ve likely come across the term “seller credit.” A seller credit is a type of seller concession where the seller offers the buyer money at closing to sweeten the deal. Kauffman confirms that seller credits are an important building block of the negotiation process.

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Closing Seller concession Sales Closing costs 105

Realty Biz

DECEMBER 5, 2022

Let's look at what you need to know about home inspection negotiations. How to Negotiate Problems Found at a House Inspection. What Will Happen After a Home Inspection? The home inspection contingency in a real estate contract allows the buyer to back out of the sale when there are issues.

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Inspection Earnest money deposit Purchase and sale agreement Inspection contingency 138

Realty Biz

APRIL 20, 2022

Let’s look at the most common contingencies in an offer and what they mean to buyers and sellers. Common Contingencies Found in an Offer to Purchase. Home Inspection Contingency. One of the most common terms in an offer is the home inspection contingency clause. Mortgage Financing Clause.

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Purchase and sale agreement Home sale contingency Earnest money deposit Inspection contingency 104

HomeLight

JUNE 24, 2022

Here are some of the most common ones: Mortgage balance pay-off amount. Total concessions or buyer incentives. Depending on whether you have a mortgage and how much balance is remaining, this item will likely be the single largest deduction from the sale price. Seller concessions. Agent commission. Moving expenses.

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Seller concession Closing costs Inspection Homeowner’s association 104

HomeLight

APRIL 29, 2021

You must pay off your mortgage before you can transfer the title to a new owner. Once you’ve paid the mortgage in full, the lender sends you a reconveyance deed as proof. The seller is responsible for paying the reconveyance fee to obtain this official document. Seller concessions. Loan payoff amount.

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Closing costs Closing Seller concession Homeowner’s association 85

Windemere Selling

JANUARY 19, 2022

Closing Costs for Buyers Typical mortgage-related closing costs for buyers include an application fee, an underwriting fee, and prepaid interest (the accrued interest cost between your settlement date and first monthly payment). Two main property-related closing costs for buyers are the appraisal and the home inspection.

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Closing costs Closing Purchase and sale agreement Seller concession 52