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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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Real Estate Sales Agreements: Understanding Your Contract

Movoto

After submitting an offer on a home you plan to purchase, a few things might happen – once an offer is accepted (typically, after negotiations but not always), real estate sales agreements come into effect between buyers and sellers. What Are Real Estate Sales Agreements? Property Identification.

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5 Mistakes to Avoid When Selling Your Home

Appraisal Hub

It will likely stay on the market for longer, which can result in additional carrying costs, such as mortgage payments, property taxes, and maintenance expenses. Mistake #3: Not having a professional home appraisal Appraisal firms can determine your property’s real market value.

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12 Hidden Costs When Buying a House

Raleigh Realty

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. The seller pays the listing firm. The cooperating firm then pays the Real Estate Agent.

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Who Pays for the Appraisal?

Realvals

The appraiser will reach out to schedule the inspection with the real estate agents, who will facilitate the inspection on the seller’s behalf. . The appraiser will then take the inspection information back to their office and use it to write the appraisal report. .

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Everything You Need to Know About Closing Cost Credits

Lamacchia Realty

EVERYTHING YOU NEED TO KNOW ABOUT CLOSING COST CREDITS Buyers , sellers , and sometimes even real estate agents get confused with how closing cost credits work. Closing cost credits doesn’t hurt the seller in any way. In fact, they help sellers because many buyers cannot buy without them.

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Is Your “Crazy” Neighbor Lowering Your Home’s Value?

Cleveland Appraisal Blog

When it comes to nuisance neighbors, I try to visit with real estate agents who have recently sold properties that are within close proximity to the property I am appraising, if possible. Most agents are great to visit with about things like this and are generous with their time, at least in my experience.