
Sign Up For My eNewsletter, FREE! There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU. Find Out More > View All Offers >
|
Compare
three mortgages at one time. Download TripleCalc now. It's
free.
|
The Chris Kare Home Team
is one of The Top Selling Real Estate Experts Find Out More > |
|
|
|
Are you thinking about selling your home?
Knowing what your home is worth is important information to have if you are thinking of selling your home. Using the information you submit to us in the form below, we will conduct a thorough comparison market analysis (CMA) by searching the database of all homes listed or sold in your area. With this current market data, we will be able to determine what your home might sell for if you decided to put it on the market.
You may also request a free "Home Sellers Kit" that is packed with helpful tips on How To Sell Your Home Fast And For Top Dollar! |
 |
Closing or Settlement >The Settlement
The final stage of a home sale transaction is the time to tie up all the loose ends. The buyer and seller will sign the settlement sheet at the closing, detailing all of the charges that each party has incurred during the sale of the house. It is crucial to go over the sheet for accuracy and to make sure that you understand everything on it before you complete the transaction.
When a contract is negotiated, each side agrees how to divide the loan fees (or points), as well as the other closing charges, such as state or local taxes or escrow fees. Your real estate agent can go over the settlement sheet and help you compare it with your purchase agreement. The seller's charges usually include the brokerage fee, the mortgage payoff, and any charges involved in clearing the title, as well as pro-rated property taxes, payments for termite treatment and escrow for repairs that could not be completed by closing. The buyer's costs include charges for the loan and title searches, insurance and any other legal fees. A good closing officer will go over the settlement sheet line by line, explaining each item and correcting any misplaced charges.
|
 |
| Q |
What does the common acronym FSBO (pronounced fizzbo) stand for?
|
| A |
For Sale By Owner. (Between 85 to 95% of existing homes are sold with a Realtor's help.)
|
See More Real Estate Trivia > |
|

NUMBER1EXPERT
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|