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7 Questions You Should Be Asking When Buying A House

Raleigh Realty

It lets sellers know that you are serious about purchasing their home and that you have done the work to be in good financial standing. Sellers want to know that you will be able to follow-through with the purchase of their home. How Do I Know If My Real Estate Agent Is The Right Fit For Me?

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12 Hidden Costs When Buying a House

Raleigh Realty

Hidden Costs when Purchasing a Home There are hidden costs when buying a home, including closing costs, insurance, or utility costs. Whether you are a first-time home buyer or an experienced buyer, you will want to familiarize yourself with all the costs of buying a home Your Real Estate Agent is not a cost to you as a buyer.

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

Housing Wire

Unfortunately, those ads don’t talk much about the next month or six weeks, the period real estate professionals call the “settlement process.” More than a few real estate agents will roll their eyes and sigh when asked by a client, upon the signing of a sales contract, “What’s next?”

HOA 422
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Opinion: More should be done to shorten the average time to close

Housing Wire

Unfortunately, those ads don’t talk much about the next month or six weeks, the period real estate professionals call the “settlement process.” More than a few real estate agents will roll their eyes and sigh when asked by a client, upon the signing of a sales contract, “What’s next?” in question.

HOA 406
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7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate

Raleigh Realty

It's important to note that real estate contracts and laws change depending on what state you are in. We help folks looking to buy or sell homes in the Raleigh area and many of our articles are geared towards helping keep people informed so that you can have a successful real estate transaction.

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Important Mortgage Acronyms

Assurance Financial

Instead of writing a check to put down your earnest money, you can send it to your real estate agent using an ACH. The CD also tells you how much cash you need to bring to closing and lists all the transactions that have taken place, such as any credits from the seller. FAIR (Fair Access to Insurance Requirement).

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Say What? Home-Buying Lingo You Should Know

Zillow

Cash-value policy : A homeowners insurance policy that pays the replacement cost of a home, minus depreciation, should damage occur. Closing : A one- to two-hour meeting during which ownership of a home is transferred from seller to buyer. A closing is usually attended by the buyer, the seller, both real estate agents and the lender.