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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

What’s the difference between a home inspection and an appraisal? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Home Inspection. Have you budgeted for closing costs?

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How to negotiate your home purchase offer

Housing Wire

First, the pre-approval letter tells the seller that you are serious about buying a home and that you have a commitment from a reputable lender on how much it will lend to you. Another seller’s home may need repairs, and you put in your offer the need for a seller credit to pay for them. In an extremely competive market?

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What Is a Land Contract In Ohio? Full Guide [2021 Update]

The Robert Weiler Company

In real estate, buyers and sellers must be knowledgeable to make informed decisions. Are you familiar with a land contract in Ohio, as well as the state-specific requirements? What is a land contract in Ohio, really? Essentially, a land contract is an alternative financing option if you’re investing in: Farmland or raw land.

Contracts 143
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Home Inspections vs Home Appraisals

D Fritz Appraisals

What’s the Difference Between a Home Inspection and a Home Appraisal? If you’re in the market for a new home, the terms “home appraisal” and “home inspection” are more than likely to come up at some point as you zero in on a property you want to buy. What Is a Home Inspection? What Is a Home Appraisal?

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The Differences Between an Appraisal and a Home Inspection

Hank Miller Team

There are significant differences between an appraisal and a home inspection, it’s best for every home buyer to become familiar with the purpose of each. They do not represent either buyer or seller. In simple terms, the lender will not lend more than a certain percentage of what the home is worth as of the date of contract.

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5 Contingencies You Should Never Remove When Buying a House

Realtor

In our current seller’s market, the national inventory of active listings is down 43.1% They’re making sky-high offers and writing heartfelt letters to sellers about why they should get the house. The provisions of a contingency contract are there to protect buyers and sellers. Home inspection.

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Agent strategies for getting first-time homebuyers across the finish line

Housing Wire

Not to mention the current mortgage rates at decades-high levels as well as sellers who are locked in with pandemic low rates. This approach is negotiated in the contract; it’s a seller concession to the buyer for a set amount. Sellers are even using this as a tool to attract buyers. It never will be.

Agents 435