What is a seller contribution in real estate?
A seller contribution, often referred to as a seller concession, is a common practice in real estate transactions. It involves the seller of a property agreeing to cover some of the buyer's closing costs or other expenses associated with the purchase. Seller contributions can vary in terms of the
Where Does the Money Come From for Mortgage Loans?
In the olden days, when someone wanted a home loan they walked downtown to the neighborhood bank or savings & loan. If the bank had extra funds lying around and considered you a good credit risk, they would lend you the money from their own funds. It doesn’t generally work like that anymore. Most of
What are the benefits of buying a home in the summer?
Buying residential real estate in the summer can have several benefits, and I'm here to provide you with some insights.: More Inventory: Summer is typically a peak season for real estate listings. Sellers often put their homes on the market during this time, leading to a wider selection of proper
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