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Buyers backing out of purchase agreements at elevated rates: Redfin

Housing Wire

of homes that went under contract. I don’t want my buyers to be surprised by all of the expenses that come with owning a home in Florida, so I advise them to proactively research the hefty costs of insurance, property taxes and HOA fees, in addition to the cost of their mortgage payment.” of purchase agreements.

Buyers 436
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Buyers Retreat as Home Prices Hit All-Time High in June

Appraisal Buzz

of all homes under contract, being canceled in that month alone. of the residences that were under contract in that month. of homes that went under contract. of homes that went under contract. The share of pending sales that fell out of contract, as % of overall pending sales was 14.9%, representing a 0.3

Buyers 396
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How to compete and win with your listing presentation (+ scripts)

Housing Wire

The goal of a successful listing appointment is to win the listing and walk away with a signed contract in hand. Here’s how you can crush every listing appointment and leave with a signed contract. As we said at the beginning, a successful listing presentation ends with a signed contract. It’s that simple.

Sellers 379
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7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate

Raleigh Realty

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?

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12 Hidden Costs When Buying a House

Raleigh Realty

To shield you from any surprises, here are the typical costs when buying a home: Earnest money Closing costs Property taxes Homeowner’s Insurance Funding the escrow account School taxes Private mortgage insurance Interest rate Moving costs Utilities Homeowners association fees Maintenance and repairs Wondering what these terms mean?

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The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

Consider Property Taxes When you pay for your home, you'll need to pay other fees like property taxes and insurance. Your neighborhood may require homeowner's association (HOA) fees, too. Due diligence stretches from the time you sign a contract to closing.

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Who Pays Closing Costs in Texas?

Listing Spark

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. Closing Costs for Sellers in Texas.

HOA 36