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5 Ways to Help First-Time Homebuyers

McKissock

Dale Schaechterle, the founding partner and CEO at Realty Executives Integrity , shares with Forbes that the services of a good real estate agent are essential for a first-time home buyer given the complicated network of mortgage rates and tax laws that they will have to navigate. Honesty Counts. Answer Questions.

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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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What Impact Will the Infrastructure Bill Have on the Housing Crisis?

Appraisal Buzz

This supply and demand issue made property prices skyrocket, with few able to afford what sellers were asking. A significant indirect influence comes with the infrastructure bill signed into law in November 2021. The good news is that a recently passed law may indirectly change the real estate market for the better.

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10 Simple Steps to Purchase a Home in 2020

PennyMac

By law, you’re entitled to one free credit check per year , per reporting agency, so obtaining your current score should be the first step in the home buying process. Plus, some sellers will only consider offers from buyers who are pre-approved, so it’s best to set yourself up for success with this easy move.

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Appliances for FHA appraisals

Appraisal Today

An Inside Look at E&O By Peter Christensen Excerpts: There is no law requiring that real estate appraisers must have professional liability insurance – or E&O insurance as it is often called – except in one state. His law practice is dedicated to valuation issues. I gave up visiting him in the winter. percent from 13.3

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What Happens if There Was a Murder in a Home We Bought?

Hank Miller Team

Well in Georgia, unless the buyer specifically asked the seller about this during due diligence, nothing happens. the buyer doesn't ask, the seller isn't required to tell. Agents and sellers are also not required to disclose deaths by natural causes or whether a past resident had an infectious disease.

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Why Buy Commercial Real Estate? Deep Dive Into 6 Sought-After Property Types!

The Robert Weiler Company

If you plan to buy commercial real estate in Ohio or beyond, you must have access to a roster of current tenants, service contracts, and maintenance records. Planes, Trains, Automobiles, and More: Transportation links are essential for any industrial space or commercial properties for lease. Do you have a paper trail?