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Escrow fees: If any funds are held in escrow during the course of the transaction, there will likely be fees owed to the escrow company. Per My Mortgage Insider, these can range from $300 to $700 ...
HUD-1 Settlement Statement. The HUD-1 Settlement Statement is a standardized mortgage lending form in use in the United States of America on which creditors or their closing agents itemize all charges imposed on buyers and sellers in consumer credit mortgage transactions. The HUD-1 (or a similar variant called the HUD-1A) is used primarily for ...
Currently, a home seller is essentially locked into paying a brokerage fee for listing their property on a multiple listing service, or MLS — usually 5% or 6% depending on their geographic area.
The North Carolina Department of Administration was established in 1957 and authorized by North Carolina General Statute 143B, Article 9, Paragraph 143B-366. The department provides business management to the North Carolina government. NCDOA is one of the ten cabinet level agencies.
North Carolina is a Dillon's rule state, [34] and municipalities are only able to exercise the authority that the General Assembly or state constitution explicitly gives them. [26] All municipalities in North Carolina operate under either mayor-council governments or council-manager government , [ 26 ] with most using the latter. [ 25 ]
House Bill 607, Various Court Changes: Makes changes affecting the North Carolina court system. Under Section 1a of the bill, dismissed charges and not guilty verdicts shall not be expunged ...
North Carolina state officials have reported 96 deaths from Helene, which brought historic levels of rain and flooding to the mountains in late September. The storm and its aftermath caused 1,400 landslides and damaged over 160 water and sewer systems, at least 6,000 miles (9,650 kilometers) of roads, more than 1,000 bridges and culverts and an ...
Under the North Carolina Constitution of 1868, the treasurer became a position elected by popular vote, rather than appointed. The North Carolina State Treasurer is an ex officio member of the North Carolina State Board of Education, the State Board of Community Colleges, the State Banking Commission, and the Council of State.