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What is an HOA?

Lamacchia Realty

WHAT IS AN HOA? An HOA, or Homeowners Association, is when a common interest community – which includes mainly condos but could include some single-family or waterfront properties – provides ground rules for maintaining their common spaces and property. HOAs can also have legal power over properties.

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Opinion: More can be done to shorten the average time to close

Housing Wire

Yes, the process of orchestrating the collaboration of lenders, appraisers , home inspectors, one or two real estate agents, a title insurance company, and possibly others is complex. Yes, the complex legal and regulatory web that can vary from state to state and even city to city doesn’t invite a quick and smooth passage to the closing.

HOA 419
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Opinion: More should be done to shorten the average time to close

Housing Wire

The process of orchestrating the collaboration of lenders, appraisers, home inspectors, one or two real estate agents, a title insurance company and possibly others is complex. And the complex legal and regulatory web that can vary from state to state and even city to city doesn’t invite a quick and smooth passage to the closing.

HOA 404
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7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate

Raleigh Realty

Whether you are a first-time home buyer or you're buying again, you will want to know how Due Diligence and Earnest Money impact you as a buyer or seller in North Carolina The following article is going to be regarding Due Diligence, Due DIligence fees, and Earnest Money in North Carolina Real Estate. Due Diligence: What Is it?

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Challenges to Getting a Mortgage on a Condo Home

Will Springer Realtor

Condo bylaws, covenants and other legal documents usually lay out in specific terms who is responsible for what.). Conventional loans on established places like Insignia or Emerald in Seattle are typically insured by government entities or deep-pocketed investors and run 15, 20 or 30 years.

HOA 36
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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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Red Flags Related to a Title on a Home

Will Springer Realtor

Preparing a home for sale includes dozens – or even hundreds – of steps choreographed between seller, agent and other key individuals. A Homeowners Association can take legal action against an owner and win legal judgments for damages if rules are flouted – proceedings that may slow or prevent the sale.