Real Estate Ad Terms And Lingo

Freerangestock.com 4B/2B: 4 bedrooms and 2 bathrooms Assum.fin.: assumable financing Closing costs: The entire package of expenses paid by the buyer and the seller when the real estate deal closes. These costs include the brokerage commission, mortgage-related fees, escrow or attorney’s settlement charges, transfer taxes, recording fees, title insurance, etc.

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What Are Closing Costs?

www.realtor.com Flickr.com Closing costs are the fees which are charged by lenders and third parties related to the purchase of a home. What exactly makes up closing costs? Below is a break down of the different components: Escrow/Attorney Fees: Some states require third party escrow companies handle real estate closings while

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Roof Inspection

The Hearld-News Home life Flickr Many homeowners overlook their roofs, but it is important to inspect your roof twice a year in order to catch potentially costly problems early. Start with the interior: Before heading outside, check the interior of your home for signs pointing to potential roof damage. Look for

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5 Tips For Single Homebuyers

Freerangestock.com 1. Stay within your budget- Buy a home well within your means and ensure that you can afford it even during lapses in employment that you may experience. 2. Be aware of maintenance- If you are concerned about lawn care and other exterior maintenance, you may want to lean towards a

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