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2. Can you back out of a house offer once it’s been accepted?

   www.aol.com/finance/back-house-offer-once...

   Earnest money deposits typically run around 1 or 2 percent of the home’s sale price, and sometimes more. The median sale price for U.S. homes is around $400,000, according to data from the ...

3. Real estate contract - Wikipedia

   en.wikipedia.org/wiki/Real_estate_contract

   The successful sale of another house may be needed to finance the purchase of a new one. Appraisal contingency – Purchase of the real estate is contingent upon the contract price being at or below a fair market value determined by an appraisal. Lenders will often not lend more than a certain percentage (fraction) of the appraised value, so ...

4. For sale by owner - Wikipedia

   en.wikipedia.org/wiki/For_sale_by_owner

   A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.

5. Security deposit - Wikipedia

   en.wikipedia.org/wiki/Security_deposit

   A security deposit is a sum of money held in trust. [ 1 ] In leasing, security deposits, also known as "rent deposits", [ 2 ] are required most often by lessors of automobiles , residential property, and commercial real estate .

6. Listing contract - Wikipedia

   en.wikipedia.org/wiki/Listing_contract

   A listing contract (or listing agreement) is a contract between a real estate broker and an owner of real property granting the broker the authority to act as the owner's agent in the sale of the property. [1] If the broker is a member of the National Association of Realtors, the agreement must include all of the following terms:

7. These were the most expensive homes sold in 2024, according ...

   www.aol.com/were-most-expensive-homes-sold...

   The U.S. real estate market has another year in the books after 2024 came to a close this week. While the median that homes sold for clocked in at $383,725 for the four weeks ending Dec. 22 ...