Contracts Document Legal Property Taxes 
Movoto
APRIL 8, 2024
This is a legally binding agreement between the buyer and seller that helps ensure the sale will be completed according to the contract’s outlined conditions. Real estate purchase contracts come into play to protect both parties and move the sale forward, helping prevent either party from wasting the other’s time and money.
Housing Wire
JUNE 11, 2021
If the appraised value ends up matching or is higher than the contract price, the transaction can continue as planned. Should the appraisal come in lower than the contract price, the closing process may be impacted. If the seller is eager to sell the property, they might lower the listing price to match the appraisal.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Raleigh Realty
AUGUST 17, 2021
Understanding Due Diligence and Earnest Money in North Carolina Real Estate When you go under contract on a home in North Carolina you are going to encounter terms like Due Diligence and Earnest Money. It's important to note that real estate contracts and laws change depending on what state you are in. Due Diligence: What Is it?
Movoto
FEBRUARY 23, 2024
It’s also a good idea to consider cost-of-living adjustments, accounting for things like potential tax differences (sales and property taxes), cost of goods (hint: check groceries you would typically purchase and compare), and other expenses you might incur. Organize your documents. to make sure you won’t come up short.
Zillow
JULY 15, 2019
Appraisal : An informed, impartial and well-documented opinion of the value of a home, prepared by a licensed and certified appraiser and based on data about comparable homes in the area, as well as the appraiser's own walkthrough. Closing disclosure (CD) : A five-page document sent to the buyer three days before closing.
Appraisal Today
JULY 8, 2022
Link to court documents . =. By Peter Christensen, Founder of Valuation Legal. Paying high property taxes. Once you’ve saved up the thousands for a down payment on a mansion and managed to move in, don’t forget to budget for the sky-high property taxes you’ll be paying for as long as you own the home.
PennyMac
JUNE 28, 2022
These are many of the fees that may be included in closing costs that you should be aware of as you prepare your closing documents: Application Fee. This fee will cover the attorney preparing and reviewing agreements and contracts. State laws will usually dictate who is legally responsible for overseeing the closing.
Expert insights. Personalized for you.
36 
Let's personalize your content