Can a Seller Refuse to Pay a Buyer’s Agent?
Yes, a seller has the right to refuse to pay a buyer’s agent. Learn more about recent changes to real estate commissions and what that means for you.
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What Are Non-Disclosure States in Real Estate?
Key takeaways Non-disclosure states limit public access to real estate sales data. Home prices in these states are not publicly recorded, meaning buyers, sellers, and appraisers must rely on private data sources. The policy protects privacy, influences property taxes, and reflects state-level traditions and policy preferences. Home value estimates are still available through real estate
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How to Avoid PMI When Buying a Home
Key takeaways PMI protects the lender, not you: Private Mortgage Insurance (PMI) safeguards your lender if you default on your loan, and it’s typically required on conventional loans when your down payment is less than 20% of the home’s purchase price. Multiple strategies to avoid PMI: While a 20% down payment is the most direct
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An Expired Real Estate Listing: What To Know If You’re a Buyer or a Seller
Key takeaways: Expired real estate listings Just like in the Boyz II Men classic “End of the Road,” when a real estate listing expires, it can feel like a painful ending for sellers. However, this isn’t necessarily a final goodbye. Instead, it’s an opportunity for both sellers and buyers to start fresh. For sellers For
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Option Fees Vs. Earnest Money: What’s the Difference?
Key takeaways Earnest money and option fees are both payments buyers make when submitting an offer on a home, but they serve different purposes. Earnest money shows a buyer’s commitment and is applied toward the purchase at closing. Option fees secure the buyer’s right to terminate the contract during a defined option period. Both payments
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How Much Is Earnest Money in Texas? A Guide to Texas Earnest Money
Key takeaways: Earnest money in Texas typically ranges from 1% to 3% of the purchase price, depending on market conditions and negotiation terms. The deposit must be delivered to the escrow agent or title company within the time frame outlined in the contract; failure to do so may allow the seller to terminate the agreement.
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