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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 ...
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.
Attorney fees: Some states actually require home sellers to hire a real estate attorney, and even when it’s not required, many sellers choose to do so anyway to ensure their interests are ...
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.
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North Carolina is a state located in the Southern United States.According to the 2020 United States census, North Carolina is the 9th-most populous state with 10,439,388 inhabitants, but the 28th-largest by land area spanning 53,819 square miles (139,390 km 2) of land.
Key takeaways. Mortgage closing costs are the fees associated with buying a home that you must pay on closing day. Closing costs typically range from 2 to 5 percent of the total loan amount, and ...