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The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

Buying a Home As a Government Employee Are you a government employee preparing to buy a home? With the right resources, you can ensure a successful investment and one in which you may save tens of thousands of dollars thanks to being a government employee. Who Is a Government Employee?

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Say What? Home-Buying Lingo You Should Know

Zillow

Closing : A one- to two-hour meeting during which ownership of a home is transferred from seller to buyer. A closing is usually attended by the buyer, the seller, both real estate agents and the lender. Closing escrow : The final and official transfer of property from seller to buyer and delivery of appropriate paperwork to each party.

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What’s Included in Closing Costs?

PennyMac

Throughout the process of buying a home, many professionals have contributed important services, and both buyers and sellers will need to pay fees for that before the property can be officially sold. Closing costs can apply to both the buyer and seller. Down payments of 10–24.99%—sellers can contribute 6% of closing costs.

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Choosing the Right Lender

PennyMac

Starting the Loan Certification Process When choosing a lender, look for one that offers a written letter or certification you can provide to sellers to let them know you are qualified. When you work with a lender that provides this, you’re doing much of the legwork involved in obtaining a mortgage contract without actually finalizing it.

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Conservation Easement in Ohio: A Guide to Protecting Our Treasured Land

The Robert Weiler Company

A simple conservation easement definition is a legal contract to protect private land, permanently. When an Ohio landowner or investor decides to preserve their property, they likely turn to a conservation organization such as a state government agency or land trust. Incentives and Conservation Easement Tax Benefits.

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What Is a Foreclosure and How Does it Work?

Quicken Loans

Foreclosure can also happen when the homeowner fails to pay their property taxes or homeowners association fees. Foreclosure : the legal process in which a lender or mortgage investor takes back unpaid property. Government mortgage relief programs. In an REO, the bank is the sole owner of the property.

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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

Generally, a commercial real estate appraisal is an unbiased valuation assessment to help you determine the value of a commercial property. The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property. You may need a commercial valuation for many reasons.