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Is It Cheaper to Live in Arizona or California?
Is It Cheaper to Live in Arizona or California?
While Arizona and California share borders, there are a lot of differences between them. Some of these differences include culture, climate, weather, and more importantly, the cost of living. Since living costs constitute a major factor in choosing where to live, is it cheaper to live in Arizona or California? Is It Cheaper to Live … Read more
What Percentage Do You Lose When Selling a House?
What Percentage Do You Lose When Selling a House?
Selling your house can bring you good returns. However, the numerous costs of selling a house such as moving fees and agent commissions can eat into your profit. So, what percentage do you lose when selling a house? What Percentage Do You Lose When Selling a House? Typically, sellers pay about 6% of the selling … Read more
Can You Negotiate the Realtor Fee?
Can You Negotiate the Realtor Fee?
While there’s no fixed commission rate that real estate brokers charge, the industry standard is 6% of the final selling price. On an $800,000 property, that can add up to $48,000, which is a lot of money. So, can you negotiate realtor fee? Let’s find out. Can You Negotiate the Realtor Fee? You can always … Read more
What Fees Do You Pay When Selling a House?
What Fees Do You Pay When Selling a House?
Real estate fees can add up to 10% of your property’s sale price after factoring in additional expenses like repair costs. While some expenses are negotiable, you should expect to pay for several costs associated with selling a home. So what fees do you pay when selling a house? What Fees Do You Pay When … Read more
What Happens After Forbearance Ends?
What Happens After Forbearance Ends?
The COVID-19 pandemic took a huge toll on the economic situations of a lot of homeowners. This saw many people unable to meet mortgage payments and granted a forbearance period. Now, this period is coming to an end, and there’s a big question, what happens after forbearance ends? What Happens After Forbearance Ends? After forbearance … Read more
iBuyers in Real Estate
iBuyers in Real Estate
Ease of sale or convenience is one of the major features that home sellers prioritize during the home sale process. Most home sellers aim to make as much capital gains as possible while having to involve themselves minimally. This is the aspect that iBuyers in real estate capitalize on. Who Are iBuyers in Real Estate? … Read more
Can You Negotiate Price With Toll Brothers?
Can You Negotiate Price With Toll Brothers?
Rather than buying a house from someone who wants to sell, another option available to homebuyers is Toll Brothers. Toll Brothers are mainly known for their prowess in constructing custom homes. However, you can also purchase an already constructed home too. So, can you negotiate price with Toll Brothers? Can You Negotiate Price With Toll … Read more
How Do I Ask My Realtor to Lower My Commission?
How Do I Ask My Realtor to Lower My Commission?
Saving as much money during the sales process is the priority of the buyer as for the seller. For the seller, there’s a need to keep as much capital gains as possible. For the buyer, it implies lower expenses. One practical way to do this is to reduce your realtor commission. If that’s your case, … Read more
Do Redfin Hot Homes Sell Faster?
Do Redfin Hot Homes Sell Faster?
Making huge capital gains is only part of the process when it comes to home selling. For some, a speedy sale is also important. For most home sellers, getting a good deal on both of these features is golden. Various platforms tap into this need to get sellers to sell with them, one of these … Read more
Who Pays Closing Costs in Cash Sale?
Who Pays Closing Costs in Cash Sale?
Payment of closing costs is an indication that the home sale process is already at an end. Typically, if the buyer is using a mortgage, closing costs would be split between the buyer and the seller. However, in the case of a cash sale, who pays closing costs in a cash sale? Who Pays Closing … Read more