Found 2 blog entries tagged as closing costs.

You’ve accepted an offer on your home—congrats! ???? But what comes next? While this is an exciting milestone, there are still several steps before the sale is final.

As a real estate expert in Auburn and Opelika, I walk sellers through this process all the time. Knowing what to expect can reduce stress and help you close smoothly. Let’s break down the key steps after you accept an offer on your home.

1. The Earnest Money Deposit is Collected

Once you accept an offer, the buyer submits an earnest money deposit  to show they are serious about the transaction. This money is held in an escrow account until closing.

Tip: If the buyer backs out for a reason not covered in the contract, you may get to keep the earnest money as compensation.

2.…

110 Views, 0 Comments

Read Full Post

When you’re thinking about buying a home, the most obvious cost on your mind is likely the purchase price. But buying a home involves more than just the down payment and mortgage payments—there are several hidden costs that can catch first-time buyers off guard. Understanding these expenses ahead of time will help you budget more accurately and avoid any financial surprises after you’ve signed the paperwork.

Hi, I’m Rozi Dover, your local real estate expert, and today I’m going to walk you through the hidden costs of buying a home. From closing costs to ongoing maintenance expenses, let’s break down the additional financial responsibilities you should consider when purchasing a home in Auburn or Opelika.

1. Closing Costs

One of the biggest hidden…

151 Views, 0 Comments

Read Full Post