Selling a house to a family member can seem like a straightforward, stress-free solution for getting rid of a property, but it comes with its own set of legal, financial, and tax considerations. Whether you’re helping out a relative or planning to keep a home in the family, selling a home to a family member […]
Selling a House to a Family Member? Here’s What to Know Read More »
A seller’s credit, also known as a seller concession, is a financial agreement where the home seller agrees to cover some of the buyer’s closing costs. Rather than lowering the price of the home, the seller contributes a credit at closing to help reduce the buyer’s upfront expenses. This strategy can make a home purchase
Seller’s Credit: What it Means for Buyers and Sellers Read More »
Seller concessions refer to closing costs or other fees that the seller agrees to pay on the buyer’s behalf. These concessions are negotiated during the offer process and help make the purchase more affordable for the buyer, without reducing the home’s sale price. Whether you’re a first-time homebuyer buying a home in Charlotte, NC, or
Seller Concessions 101: What They Are and How They Can Help You Save Read More »
With so many things to consider, selling a house can be an overwhelming process. Luckily, for you, we put together a comprehensive guide for first-time and seasoned home sellers.
How to Sell Your House: A Comprehensive Guide Read More »
A kick-out clause is a real estate contract provision that allows a seller to accept an offer from a buyer with a home sale contingency while still marketing the home to other buyers. If a better offer comes along, the seller can “kick out” the first buyer unless they remove their contingency within a specified
What is a Kick-Out Clause and How Do You Use It? Read More »
Inheriting a house with a mortgage can bring both opportunity and uncertainty.. Many people searching for this topic want to know: What happens when you inherit a home that still has an outstanding loan? The short answer is that you typically become responsible for the mortgage payments, and you’ll need to decide whether to keep
What Happens When You Inherit a House With a Mortgage? Your Rights and Options Explained Read More »