To sell a house, you’ll need 15–20 essential documents that fall into four main categories: property records, inspections, legal papers, and closing documents. Most sellers need 2-4 weeks to gather all the required paperwork before listing their home. At New England...
In real estate transactions, buyers and sellers split various closing costs with specific payment responsibilities for each party. Sellers pay: real estate agent commissions (5-6% of sale price), property transfer taxes, and owner’s title insurance for the...
When selling a house, sellers must clean the property before closing to avoid legal issues, delayed settlements, or buyers withdrawing from the sale. The cleaning process should be completed 24-48 hours before the final walk-through and includes ceiling fans, walls,...
Buying and selling a house simultaneously involves three main approaches: buying before selling (using contingencies, bridge loans, or savings), selling before buying (with rent-back agreements or temporary housing), or coordinating both transactions to close on the...
A sale-leaseback is a real estate arrangement where homeowners sell their property and immediately lease it back from the new owner, allowing them to continue living in the home as tenants. This financial strategy enables homeowners to access their home equity...
