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On my website you can find properties for sale easily. I am always available to help you…just email Linda@LindaMoran.com
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Find Out About the Latest Homes for Sale First! I add my newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS. Find Out More > View All Offers >
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Compare three mortgages
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Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from a Ocean City, Ocean Pines and Berlin, Maryland real estate agent(s). Contact Linda A. Moran today!
Find Ocean City, Ocean Pines and Berlin Homes - Find Ocean City, Ocean Pines and Berlin, Maryland real estate listings & homes for sale provided by Linda A. Moran, your local expert real estate agent(s).
For Home Buyers - Get home buying information, the latest listings, mortgage information, expert advice, and much more from Linda A. Moran, a Ocean City, Ocean Pines and Berlin, Maryland real estate agent(s).
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Financing Your Home >Who Pays the Points
When home buyers shop for financing, they must consider two important factors--the interest rate and the points. Each point is equal to one percent of the mortgage amount. If you are selling a home, the buyers may ask you to share the points with them.
The buyer usually pays the points. But if the offer is attractive and will give you the amount you want, paying one or more points might be a good idea. When a contract is presented, your real estate agent will go over the price and terms to help you calculate the net price you will receive. If the offer isn't strong enough or has risky contingencies, you might make a counter offer to increase your profit on the sale by eliminating the points from your selling costs or by increasing the price to help you absorb additional costs you will pay.
In some cases, buyers with limited cash may need some assistance from the sellers to make the transaction work. Your real estate agent will help you look at the total picture and the buyer's overall qualifications, so that you can make a decision based on the bottom line.
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| Q |
Where is the world's tallest apartment block?
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| A |
The 100-story John Hancock Center in Chicago, Illinois is 1,127 feet high; floors 44 through 92 are residential.
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See More Real Estate Trivia > |
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