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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 … Read more
How Much Down Payment Do I Need for a House in California?
How Much Down Payment Do I Need for a House in California?
Buying a house in California can be a tricky business, especially if you don’t know a lot about the real estate market. For starters, there are many essential requirements that you need to research. One of these is the down payment. If you’re wondering “how … Read more
Does No Longer on the Market Mean Sold?
Does No Longer on the Market Mean Sold?
There is a range of information online that accompanies a house that has been listed for sale. This data generally informs you about the present state of the house. Some show that it is still clearly on sale while some others can be quite confusing. … Read more
Does Redfin Have Hidden Fees?
Does Redfin Have Hidden Fees?
Redfin offers listing services at a rate of 1.5%, which is about half the fee that traditional realtors offer. This might seem like a good deal at first glance. However, is it as good as it sounds, or are there other less apparent costs? Does … Read more
Who Typically Pays Closing Costs in California?
Who Typically Pays Closing Costs in California?
Closing costs come in at the end of the real estate transaction process. When it comes to who pays what, there might be some variations. So, who typically pays closing costs in California? Who Typically Pays Closing Costs in California? Both buyers and sellers pay … Read more
How Much Money Do You Need To Buy a House In California?
How Much Money Do You Need To Buy a House In California?
California is one of the states in the US with a pretty steep price tag on houses available. The real estate market is large due to the constant influx of new residents and highly desirable weather, making it highly competitive as well. Given this information, … Read more
Can You Buy a House With 10% Down in California?
Can You Buy a House With 10% Down in California?
Buying a house is always a major step. Especially for first-time buyers who often have limited funds and need to buy with a mortgage. Every state’s mortgage requirements change, so many first-time buyers in California ask: can you buy a house with 10% down in … Read more
Can Your Loan Be Denied After Closing?
Can Your Loan Be Denied After Closing?
The process of getting a mortgage approved can be a long, stressful one. There are lots of requirements involved in the course of the application, so getting through to closing is a big deal. However, there are scenarios where the loan application was denied at … Read more
Are Flat Fee Realtors Good?
Are Flat Fee Realtors Good?
The real estate market scene has evolved over the years. Once, the only available real estate agents were traditional ones who charged a non-negotiable 6 percent fee for selling your house. Recently, we’ve seen some traditional agencies offer 2 percent, and then 1 percent, and … Read more
Do FHA Loans Have Lower Closing Costs?
Do FHA Loans Have Lower Closing Costs?
First-time home buyers with low credit scores usually start out by saving for their Federal Housing Administration (FHA) down payment. They often leave out closing costs in their budget because they do not know the amount involved in the process of getting an FHA loan. … Read more