Real Estate With Carmine

If you’re shopping for a new home, you’re probably aware that there will be some costs over and above the purchase price. It makes sense to budget for these costs so you’re not surprised – and unprepared – when you get the bill.

How to budget for closing costs

Most of these costs fall into a category that the real estate industry calls “closing costs.” The most common types include land transfer tax, lawyer’s fees and disbursements, sales taxes, and for newly-built homes, utility hook-ups.
You should also consider other expenses you will incur, such as home insurance and moving expenses.

Of course, if your new home is a condominium, you’ll also have to account for the monthly condo fees.

Closing costs can vary depending on the type and location of your new home.

Contact me and I can help you determine the costs you will incur.

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Your Charlotte Real Estate Guide

NEW YORK, Jan. 30, 2013 /PRNewswire-iReach/ — 4 Things All Home Buyers Hate –  If you’re selling your home, you probably understand that there are going to be some people who tour your home that aren’t going to like it – no matter what you do. But did you know that there are 4 things that ALL home buyers hate, like:

1.  A sky-high asking price
No one wants to feel like they’re being ripped off. No matter how much you love your home, no one’s going to pay above market value for it. And, if your home could use some TLC, it might not even be worth market value. So, be honest when you set a listing price. After all, you don’t want the price to be an instant turn-off, do you?! provides ton of real estate information and advice. It’s a great place to start getting ideas on…

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All About Real Estate

Good morning everyone,

In my brief history working on this blog I see that I’ve already covered quite a bit of territory when it comes to buying homes. So for the next few weeks I’ll try to cover a little more in depth knowledge and details about looking for, and purchasing your own home. this week I’m going to cover going out to look at property with your realtor. Sure, you’ve been preapproved, met with a few realtors, and now you’re ready to go out shopping. But few people know how stressful the process of looking for, and making offers on homes can be until they’ve actually gone out to look at homes to buy for themselves. So take a look at this article from Karen Aho of MSN Real Estate…..Its kind of humorous but it does give you some insight on how to ensure that you have a good working…

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Are you a first time home buyer, or need a refresher course on what you need to do to buy a home? Here are ten quick steps that you need to follow:

Step 1:
 Getting your financials in order: What can you afford? We can recommend you to one of our preferred mortgage brokers; the Dominion Mortgage Pros are a great team to work with, plus they’re able to shop around with various lending institutions for the best mortgage for you.
Step 2: Evaluate your needs vs wants: make a list of all the things you need and all the things that you want in a home.

Step 3: Meet with your REALTOR®: whomever you choose to work with, make sure that they understand your needs, and that you feel that they have your best interests at heart. If you choose to meet with a REALTOR®, we’ll explain…

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Go Urban San Diego Blog

Part V of a series on the escrow process. Thank you to Kartikay Escrow for contributing portions of this blog.

What Is Escrow? What is Title Insurance?

The purchase of a home is often the largest single financial investment many people may make in their lifetimes. The importance of fully protecting such an investment cannot be overly-stated. Safe, sound, and reliable and title insurance is essential in protecting you in the event that an issue with the title arises.

What is Title Insurance?

It is the application of the principles of insurance to risks present in all real estate transactions. These risks are divided into two main categories: hidden hazards that cannot be detected in the examination of title, and human errors which will always be with us. Examples of hidden hazards are forgery, incompetence or grantor or mortgagor, unknown heirs, fraud, impersonation, etc.

Title insurance differs from other types…

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All About Real Estate

Buying a home is usually the most important transaction a family will make in their lifetime. The escrow process that happens after you’ve had an offer accepted on a home could be very detailed and tedious. So I want to go over a list of things to “do” and “not do” while in the escrow process to ensure that your transaction will go smoothly, and close on time. Here we go:

Do –

* Keep in contact with your Realtor and Lender.They will keep you up to date on the escrow process.

* Forward recent bank statements and pay stubs to your lender when you get them.

* Expect further document requests from your lender. You may be required to provide further documentation or write letters of explanations during the escrow process.

Do Not –

* Don’t close any revolving accounts. It makes it look like you have less available credit. Pay accounts…

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The Go Getter Team

People sell their homes for various reasons. Here are a few things you’ll want to know to facilitate the process.

1. The Value of Your Home.

The one thing that is most likely on every seller’s mind is how to get top dollar for their home! Agents will look at what has sold in the area and make comparisons to competitively price your property. The market may be slightly different from when the last houses in the area sold, but these numbers will give your Real Estate Agent a point of reference.

2. The “How-To” for Attracting Buyers.

Attracting buyers is one of the fundamental steps in selling a home. The front of the house, landscaping, and exterior features are the first things that the buyer sees, so be sure that these are presentable to potential buyers. There are several ways to attract buyers and create quality traffic. Some of…

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