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How to navigate the real estate market through seller concessions

Real Trends

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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4 Scenarios Where Sellers Can Use Seller Credits to Close the Sale

HomeLight

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. Seller credits are money the seller gives the buyer at closing.

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Killer Tips For Negotiating a Home Inspection

Realty Biz

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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What Are Common Terms and Conditions in a House Offer

Realty Biz

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. Help From the Seller.

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Are There Disadvantages to the Seller Paying the Buyer’s Closing Costs?

HomeLight

So if your home sells for $450,000, you could spend anywhere between $27,000 to $45,000 in seller fees. To top it off, buyers sometimes ask sellers to pitch in for their closing costs, too — another 2% to 3% of the sales price. And if you do, what are the downsides to paying for the buyer’s closing costs as the seller?

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Here’s How Much Money You’ll Keep After Selling a House

HomeLight

This free automated valuation model (AVM) tool will use recent sales transactions, local market trends, and your home’s latest selling price, to provide a preliminary range of value for your property in under two minutes. The estimate is a ballpark indicator of how you might set the sale price. Preparing your home for sale.

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Selling a House in Delaware? You’re on the Hook for These 9 Closing Costs and More

HomeLight

As a seller, your home sale price and proceeds are very different numbers. You’ll need to subtract your closing costs to determine how much money you’ll walk away with after the sale. In Delaware, sellers typically pay 6% to 10% of the home’s sale price in closing costs. So, what are closing costs in Delaware?