As a seller, you have closing costs you must pay. While they won’t be tied to the mortgage itself, like it does for buyers, there are fees for transferring homeownership. How much you pay depends on who you hire to help you with the process.Get Matched with a Lender, Click Here. Do you Need a Realtor? One of the largest expenses sellers pay is the realtor fees. Typically, … [Read more...] about Do Seller Closing Costs Affect You?
Realtors earn a commission when they sell a home. Whether the realtor represents the buyer or the seller, he or she earns money. But who pays those fees? If the buyer doesn’t have a realtor, but the seller lists with one, essentially, a realtor still earns a commission, so someone has to pay.Get Matched with a Lender, Click Here.Who pays the fees and how does it affect … [Read more...] about Who Pays Realtor Fees?
If a homeowner defaults on his mortgage long enough, the lender may send the home to auction. This final step in the foreclosure process sells the home to the highest bidder. The process takes a long time and is risky for buyers, but it can work out for everyone in the end.Get Matched with a Lender, Click Here.Just how does it work? Keep reading to find out. Defaulting … [Read more...] about Understanding House Auctions
Selling your home is a big move. Doing it alone is scary and overwhelming. Listing it with a realtor gives you the support and knowledge you need. Agents help sell homes faster and for higher prices. It sounds perfect. But how long does the contract last and what happens when it expires?Get Matched with a Lender, Click Here. The Listing Contract You might feel overwhelmed … [Read more...] about Real Estate Contract Expired: Now What?
Buying a foreclosed home could net you a great deal. But is it risky?It depends on the situation. Some foreclosed homes are ideal. They are in great condition and were just a circumstance of bad luck. Others aren’t so pretty. They are in complete disrepair, won’t pass an appraisal, and need a ton of work.Get Matched with a Lender, Click Here.Keep reading to learn … [Read more...] about Is it Risky to Buy a Foreclosed Home?