How long does it take to buy a home?
From start (searching online) to finish (closing escrow), buying a home takes about 10 to 12 weeks. Once a home is selected an the offer is accepted, the average time to complete the escrow period on a home is 30 to 45 days (under normal market conditions). Though, well-prepared home buyers who pay cash have been known to purchase properties faster than that.
How much do I have to pay an agent to help me buy a house?
Home shoppers pay little or no fees to an agent to buy a home.
For most home sales, there are two real estate agents involved in the deal: one that represents the seller and another who represents the buyer.
Listing brokers represent sellers and charge a fee to represent them and market the property. Marketing may include advertising expenses such as radio spots, print ads, television and internet ads. The property will also be placed in the local multiple listing service (MLS), where other agents in the area (and nationally) will be able to search and find the home for sale.
Agents who represent buyers (a.k.a. buyer’s agent) are compensated by the listing broker for bringing home buyers to the table. When the home is sold, the listing broker splits the listing fee with the buyer’s agent. Thus, buyers don’t pay their agents.
Is lot rent for a mobile home tax deductible?
Yes, lot rent on a mobile home is tax deductible – your monthly payments can be submitted on your state income tax return. ... However, most states view mobile home lot rent as a form of property tax payment that can be reimbursed.
Want to find out what you qualify for and get a pre approval letter so you can make an offer on you dream home immediately.
For Manufactured Homes Call:
Edward R Parish, JD
276 N. El Camino Real #203
Oceanside, CA 92058
CalBRE # 01441279
Co-NM'S # 312909