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?
Listing Spark
APRIL 2, 2021
When reviewing the standard residential contract (called a 1-4 residential contract) plus numerous addendums, it can be difficult to unpack who pays for closing costs in Texas. In the event there is not an existing survey, the contract can be negotiated to dictate who pays for that. Closing Costs for Sellers in Texas.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Listing Spark
APRIL 2, 2021
When reviewing the standard residential contract (called a 1-4 residential contract) plus numerous addendums, it can be difficult to unpack who pays for closing costs in Texas. Appraisal Fee: The lender will want an unbiased third party to provide an appraisal to verify the value of the property lines up with the contract price.
PennyMac
JUNE 28, 2022
This fee will cover the attorney preparing and reviewing agreements and contracts. An escrow account is a special account that holds money for property taxes, premiums, homeowners insurance and mortgage insurance. Property Tax. Every homeowner is required to pay property taxes. Closing Fee.
Zillow
JULY 15, 2019
Condo insurance : Homeowners insurance that covers personal property and the interior of a condo unit should damage occur. Contingencies : Conditions written into a home purchase contract that protect the buyer should issues arise with financing, the home inspection, etc. Inspection occurs when the home is under contract or in escrow.
Raleigh Realty
MARCH 29, 2021
Consider Property Taxes When you pay for your home, you'll need to pay other fees like property taxes and insurance. Your neighborhood may require homeowner's association (HOA) fees, too. Due diligence stretches from the time you sign a contract to closing.
Raleigh Realty
AUGUST 20, 2022
To shield you from any surprises, here are the typical costs when buying a home: Earnest money Closing costs Property taxes Homeowner’s Insurance Funding the escrow account School taxes Private mortgage insurance Interest rate Moving costs Utilities Homeowners association fees Maintenance and repairs Wondering what these terms mean?
Expert insights. Personalized for you.
148 
Let's personalize your content