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  2. Real estate agent - Wikipedia

    en.wikipedia.org/wiki/Real_estate_agent

    Real estate agent. Real estate agents and real estate brokers are people who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. [1] Brokers and agents are licensed by the state to negotiate sales agreements and manage the ...

  3. Who pays closing costs, the buyer or the seller? - AOL

    www.aol.com/finance/pays-closing-costs-buyer...

    There’s no set number when it comes to closing costs. Typically, homebuyers pay around 2 percent to 5 percent of the home’s sale price in closing fees, while sellers pay slightly more ...

  4. Mortgage note - Wikipedia

    en.wikipedia.org/wiki/Mortgage_note

    Mortgage note. In the United States, a mortgage note (also known as a real estate lien note, borrower's note) is a promissory note secured by a specified mortgage loan. Mortgage notes are a written promise to repay a specified sum of money plus interest at a specified rate and length of time to fulfill the promise.

  5. Can one Realtor represent both buyer and seller? What ... - AOL

    www.aol.com/finance/one-realtor-represent-both...

    In most real estate transactions, the buyer and seller are each represented by their own separate agents: one buyer’s agent and one listing agent. Each agent protects their individual client’s ...

  6. How to find a good real estate agent: A buyers’ guide - AOL

    www.aol.com/finance/good-real-estate-agent...

    Buyer’s agents vs. seller’s agents. A buyer’s agent represents a homebuyer in a real estate transaction, while a seller’s or listing agent is responsible for the seller’s side, including ...

  7. Seller financing - Wikipedia

    en.wikipedia.org/wiki/Seller_financing

    Seller financing is a loan provided by the seller of a property or business to the purchaser. When used in the context of residential real estate, it is also called " bond-for-title " or " owner financing." [1] Usually, the purchaser will make some sort of down payment to the seller, and then make installment payments (usually on a monthly ...

  8. Fair market value - Wikipedia

    en.wikipedia.org/wiki/Fair_market_value

    United States. The fair market value is the price at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts. United States v. Cartwright, 411 U. S. 546, 93 S. Ct. 1713, 1716-17, 36 L. Ed. 2d 528, 73-1 U.S. Tax Cas.

  9. Can a seller back out of a real estate contract? - AOL

    www.aol.com/finance/seller-back-real-estate...

    A buyer who has entered into a contract with a seller who wants to back out should consult a real estate attorney. If the buyer wants to take the case to court, they may have grounds to sue the ...

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