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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

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.

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

Raleigh Realty

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?

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How To Appraise Rural Properties

Appraisal Today

How To Appraise Rural Properties Excerpts: Appraising residential properties in rural areas can be both challenging and rewarding. Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation. By Dallas T.

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A complete guide to closing on your first home

Movoto

Title company representative: The title company insures the title status during closing. These people are involved in the sale but not typically present at the closing: Seller’s agent: The individual who arranges the transaction between buyer and seller. The seller: The current homeowner. Learn more about closing costs.

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Choosing the Right Lender

PennyMac

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. Down Payment and Mortgage Insurance Most, but not all, home loans will require a down payment.

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How To Find & Lease Commercial Space for Rent in 2022 [Full Guide]

The Robert Weiler Company

A more established company might choose a commercial space to lease because the contract offers more security over the long term. Rent relates to a short-term agreement between the owner of the commercial property and the renter (or tenant – basically, the individual that pays a fee to use property owned by the other party).

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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

January: The closing of the $238,000,000 Manhattan condo sale in January (2015 contract). March: Introduction of the Fiscal Policy Institute's 2014 "pied-a-terre" tax proposal for properties valued at or above $5,000,000 in New York City, was introduced in the Senate. November: Control of the New York State Senate flipped.