Insurance Legal Fees Sellers 
Lamacchia Realty
AUGUST 28, 2024
CLOSING COST CREDITS also known as SELLERS CONCESSIONS will become even more common! Buyers , sellers , and sometimes even real estate agents get confused with how Closing Cost Credits or Sellers Concessions really work. Lately with all the real estate settlement talk they have often been referred to as Sellers Concessions.
Will Springer Realtor
MAY 7, 2024
That can leave the sellers on the hook for a large capital gains tax on the sale. When they ultimately sell, the gain may extend beyond the federal tax law’s maximum exclusion amounts on capital gains of $250,000 for single filers and $500,000 for married couples.
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PennyMac
AUGUST 14, 2024
Cons: Potential for Dual Mortgages: If your current home doesn’t sell quickly, you might end up juggling two mortgages, along with other costs like utilities, taxes, homeowners association (HOA) fees and insurance. Selling Before Buying Many home sellers opt to sell their current house before buying a new one.
Housing Wire
NOVEMBER 29, 2024
This is a crucial time for the real estate industry, and the title insurance industry in particular. The sheer fact that a house is up for sale isn’t a definitive sign of clear title; there could be a prior defect that hasn’t emerged or a new one the current owner/seller is unaware even exists.
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