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So, if you’re buying a primary residence for $310,000 with a conventional loan, and you’re putting down 12 percent, or $37,200, the seller can agree to pay for up to 6 percent of the purchase ...
Title-related fees: Home sellers in many areas are responsible for paying the costs of a title search and title insurance, which protect against potential ownership issues.
Concessions: Many sellers agree to pay a portion of the buyer’s costs to sweeten the deal — for example, a seller may cover the cost of a needed repair discovered in the home inspection.
North Carolina's planning and development regulations for cities had been consolidated into Article 19 of General Statutes Chapter 160A in 1971. [1] The regulations for counties were consolidated into Article 18 of Chapter 153A in 1973. [1] In the decades that followed, hundreds of amendments were added to these chapters without a consistent ...
Eminent domain is a hot button issue that has affected the relationship between the government and its citizens. The North Carolina Planned Community Act provides a payment allocation plan for lots taken by eminent domain. If a portion of the lot was taken, the lot owner is to be compensated for the loss the property value.
The Local Government Commission is a subagency within the North Carolina Department of State Treasurer. [1] [2] The body is made up of nine members: the state treasurer, who serves as its chair; the state auditor, the secretary of state, the secretary of revenue, three gubernatorial appointees, one State House appointee, and one State Senate appointee.
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The popular 30-year fixed-rate mortgage increased to 6.94% during the week ending Feb. 29, marking its fourth consecutive weekly increase and highest point so far this year.