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7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate

Raleigh Realty

It's important to note that real estate contracts and laws change depending on what state you are in. It should be noted that not every state uses due diligence fees in real estate transactions, so it is important to consult with your real estate agent so they may educate you on the legal implications of a housing contract.

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Does a Home Seller Have to Disclose Repaired Defects?

Hank Miller Team

Georgia is a buyer beware state, so does a seller have to disclose repaired defects? In many cases, a known easement or encroachment or even pending land use changes can be considered latent defects. Real estate agents have certain obligations as well.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer. Any existing easements or zoning issues. Whether you are a property owner, real estate agent, mortgage broker or lawyer, we can provide quick and accurate home appraisal services.

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Crunching Numbers: Using an Investment Property Closing Costs Calculator

Listing Spark

Many investors stop at calculating buyer closing costs, renovations, and holding costs. Buyer Closing Costs Matter Too Buyer closing costs are generally smaller than seller closing costs, as buyers don’t directly pay for the agents involved. You might decide to only pay 5% for real estate commissions.

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3 Things You Should Know About Preliminary Title Reports

Zillow

Among the dozens of records that serve to inform or disclose to the buyer significant knowledge about the property, the title report is one of the most important. It documents ownership, vesting, and detail regarding anything recorded against the home, such as liens, encroachments, or easements. Easements.

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Pre-Appraisal Checklist for Homeowners

D Fritz Appraisals

Any non-permitted additions – if you’ve added a permanent structure without a permit, this can impact the value of your home and pass an unwanted issue on to the buyer. Any easements or encroachments – any part of the property should be accounted for to get the most accurate estimate of the land value.

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When Selling a Home, the Neighbors Matter

Zillow

If you find the neighbor's home unappealing, imagine your potential buyer's first impression. Problems regarding fence repair, retaining walls or easements can often bring a neighbor into your home sale process. Don’t Believe These 5 Myths About Real Estate Agents. You never know when you'll need them.