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.

Sellers 74

Sellers Buyers Real Estate Legal Fees 74

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.

Legal Fees 59

Legal Fees Realtors Real Estate Sellers 59

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.

Real Estate Agent 47

Real Estate Agent HOA Finance Inspection 47

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.

Insurance 448

Insurance Legal Fees Housing Market Real Estate 448

Property Metrics

MARCH 13, 2025

Expense Projections : Operating costs like property taxes, insurance, utilities, maintenance, and management fees are then subtracted to derive Net Operating Income (NOI). For example, property taxes might rise after a sale, or insurance premiums could spike in areas prone to natural disasters.

Real Estate 36

Real Estate Investing Tenants Investors 36