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  2. Homebuyers are getting the largest discount in 2 years as ...

    www.aol.com/finance/homebuyers-getting-largest...

    That’s as buyers increasingly turned down sellers, who had added more supply to the market. To be sure, homes are not suddenly cheap. Prices were up 4% in January compared to last year.

  3. Who pays closing costs, the buyer or the seller? - AOL

    www.aol.com/finance/pays-closing-costs-buyer...

    Costs both parties might pay. Attorney fees: Real estate attorneys are often hired by either or both parties to review contracts and closing documents — in fact, in some states, the transaction ...

  4. Can a seller back out of a real estate contract? - AOL

    www.aol.com/finance/seller-back-real-estate...

    Building contingencies into the contract: Most real estate contracts have contingencies that give sellers cause to back out. For instance, the seller may say they will only sell their property if ...

  5. Reservation price - Wikipedia

    en.wikipedia.org/wiki/Reservation_price

    In economics, a reservation (or reserve) price is a limit on the price of a good or a service.On the demand side, it is the highest price that a buyer is willing to pay; on the supply side, it is the lowest price a seller is willing to accept for a good or service.

  6. Seller's points - Wikipedia

    en.wikipedia.org/wiki/Seller's_points

    Buyers can use seller's points to pay for prepaid costs, mortgage interest or temporary rate buydowns. [3] This means that if you have money in savings that you must retain, you could ask the seller to pay for a 1 to 2 percent interest rate reduction for a year or prepay your interest, homeowner’s association fees or homeowner’s insurance for a set period.

  7. Listing contract - Wikipedia

    en.wikipedia.org/wiki/Listing_contract

    Open Agency: A seller can enter into an agreement to sell their property with more than one brokerage in open agency listings. The seller must pay a commission only to the brokerage which brings the buyer for the real estate. Typically, if the seller finds the buyer him/herself, the seller does not have to pay a commission. [1] [3]

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