Buyers often add contingencies to their purchase offer in order to protect their good-faith deposit. Once a seller accepts your purchase offer, typically the buyer must pay a deposit – also referred to asearnes
There are fewer buyers in the market this fall, but in some hot markets, competition is still fierce. You want to beready to actwhen the right deal comes along. The process for preapproval isn't as difficult as a some buyers fear. Doing this gives you more confidence as you shop...
"Most contracts will have an 'as-is' clause and allow buyers a final walkthrough before closing," says Ryan Milo, associate broker at Inked Michigan Realty, part of eXp Realty in Detroit. "Doing so allows the buyer one last chance to make sure everything is the way it's ...
Exactly how much is relative to the total purchase price of your home. One-time costs of buying a house Down payment Estimated cost: On average, 6%-7% of purchase price (for first-time buyers) The down payment always looms large for folks considering buying a home. The good news?
Prospective buyers also pay anearnest money depositto demonstrate serious intent to purchase a home. You’ll typically need to pay 1 percent of the home’s agreed-upon purchase price. But earnest money is not an additional expense, it’s just paying a bit of your expenses early. You make ...
Buyers and sellers themselves usually don't go to the appraisal. After the on-site inspection, the appraiser goes back to the office to crunch the numbers and cross-reference the data with the prices of recently sold comparable homes ("comps") in the area. The appraiser uses all of this ...
Condos usually have security guards and advanced security features. These are security features that might be too expensive to install in your home. Enjoy In-House Amenities When you live in a condo, you get a chance to enjoy in-house amenities. You will get an opportunity to have a shared...
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To increase the chances of a successful sale: Provide clear photos of your glasses Be transparent about any scratches or imperfections they may have. Honesty is key when dealing with potential buyers Be reasonable with the price Suggestion: If you have an Instagram page, why not post a giveawa...
How long it takes to sell a house depends on numerous factors. Here's a look at the typical home-selling timeline. Josephine NesbitApril 3, 2025 Making Your Home More Welcome to Buyers Yes, curb appeal is important, but even the little things carry weight. ...