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?
Housing Wire
NOVEMBER 13, 2023
Exam Math Cram consists of 5 real estate math practice tests to test your knowledge on real estate math formulas, calculating commission, and calculating property taxes. With the exception of the Basic package, all prelicensing packages also include the Florida Exam Prep Master & Exam Math Cram courses.
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Appraisal Today
MARCH 15, 2024
In contrast to Value Acceptance, most homeowners are familiar with Mass Appraisal, the approach commonly employed by County Assessors for property tax purposes. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.84 percent from 7.02 percent from 7.21
Appraisal Today
SEPTEMBER 22, 2023
Turn down non-lender appraisal requests every week and refer them to good appraisers I have known for many years. (I At the current mortgage rate, and with a 20% down payment, homes priced at $250,000 will have a typical monthly payment of around $1,358, before property taxes and home insurance costs. I am 80 years old.
Appraisal Today
JANUARY 27, 2023
Quite a contrast to all the references to appraisal “bias” in the news. Also included are “niche” markets such as bail bonds, property tax appeals, and many more. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 6.20 percent from 6.23
Movoto
JANUARY 31, 2022
A home closing—also known as the settlement—refers to the date when a property’s title and deed are transferred to the buyer, officially making them the new owner. You will be required to sign all mortgage documents provided by the lender, including: Note: This is essentially your loan contract, and usually includes a promissory note.
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. Cost ranges from $500-$700.
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