Tag: Home Seller

Posted on 08/14/2022

In real estate transactions, homebuyers have to obtain some kind of financing. Typically, this additional monetary support comes from a third party institution like a bank or mortgage lender. However, sometimes the seller may also offer financing directly. There are many options available depending on the specific need and situation. Here is a basic overview of seller financing...

Financing

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Posted on 05/01/2022

5 Ways Sellers Can Reduce Their Risk When Offering Financing

Seller financing is an excellent option for some property buyers and sellers. However, no matter the type of financing the seller offers, they are taking on a sizable amount of risk. Underwriting and supplementing a mortgage means dealing with the consequences if the buyer defaults on the loan. This is one reason many sellers hesitate to offer financing....

Financing

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Posted on 02/06/2022

Sellers Should Budget for These Closing Costs

Photo by Burst from Pexels In real estate, closing cost refers to the total amount of money due at time of purchase. This cost is usually equal to a small percentage of the total purchase price but can vary based on state, county and other factors. Sellers handle a portion of the closing costs which can sometimes be...

Home Selling

Real Estate

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Posted on 04/18/2021

Determining the Value of Your Home

Photo by Billion Photos via Shutterstock When homeowners start thinking about selling, the first thing they want to know is, “How much can I sell my house for?” Your real estate agent's task is determining the fair market value with a range of prices from low to high. The spread between the two values typical is not large...

Appraisal

Home Seller

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Posted on 11/17/2019

What a Real Estate Contract Should Contain

Photo by Mohamed Hassan via PixabayBuying and selling real estate is a complicated process that takes time. Because you are making a life decision and dealing with strangers, you should always have a valid purchase contract. Real estate agents use a standard contract, but the buyer and/or seller may make changes to that contract. In making changes, be...

Buyer

Contract

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