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Home Sellers Bear Some Closing Costs

Home Sellers Bear Some Closing Costs

When buying or selling a home, the financial responsibility is shared between the two parties, with costs including loan fees, title insurance, inspections, and commissions. The exact breakdown depends on regional customs, lender rules, and negotiation.

Sellers often take on a significant share of closing costs, but the exact breakdown depends on negotiation, local custom, and how the deal is structured.

Agent commissions may also be part of the seller’s costs, but this depends on how compensation is negotiated in the transaction.

In some cases, buyers may pay their agent directly, while in other cases, the seller may cover this cost.

Escrow companies act as neutral third parties, holding funds and documents until the deal closes, with fees varying by state.

In California, buyers and sellers often split escrow fees, while in Washington, they’re usually shared or allocated by local custom and negotiation.

Typical escrow fees range between 1-2% of the home price, with sellers sometimes covering this cost to make their listing more attractive in slower markets.

The buyer usually pays for the home inspection, which costs between $300-$500, according to Rocket Mortgage.

Sellers may also order a pre-listing inspection to identify potential issues early, …

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Reviving Classic Brick Painting Techniques

Reviving Classic Brick Painting Techniques

Painting brick can transform a home, turning fireplaces, walls, or facades into focal points. While brick’s natural look is appealing, it doesn’t always match every design style. Choosing the right technique can make the difference between a lasting finish and a quick fix. Experts recommend starting with preparation, but the method itself matters too.

Traditional painting is a popular choice for bold changes. It offers a clean, uniform look, ideal for brightening spaces like fireplaces or exterior walls. Jennifer Maune, a chef and designer, suggests using breathable masonry paint to avoid moisture buildup. “Apply with a roller and angled brush to reach texture,” she says. A weather-resistant sealer ensures the finish lasts.

Limewashing is another option, favored for its natural, soft appearance. Unlike standard paint, it soaks into brick, creating a textured, aged look. Amanda of Amanda Katherine Interiors prefers it for older homes. “It lightens brick without covering its character,” she explains. She used it on her fireplace, and the result still holds years later.

Staining is subtler, letting brick’s natural variations shine through. Ryan Briggs of Paragon Painting recommends it for those who want to update color without losing texture. “Test on a hidden spot first,” he advises. …

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Ultimate Guide to Dog-Friendly Backyard Ideas: Create a Safe & Fun Outdoor Space for Your Dog

Ultimate Guide to Dog-Friendly Backyard Ideas: Create a Safe & Fun Outdoor Space for Your Dog

Transform Your Yard Into a Dog-Friendly Paradise: Expert-Backed Backyard Design Tips

The Importance of Secure Boundaries: Building a Safe Outdoor Space

For dog owners, the backyard is more than just an extension of the home—it’s a sanctuary for play, exercise, and relaxation. However, creating a space that balances safety, functionality, and enjoyment requires thoughtful planning. According to Louis W. Robinson, owner and head trainer at Robinson Dog Training LLC and a veteran military working dog handler, many backyard issues stem from “poor design and lack of structure” rather than the dog’s behavior itself. A secure perimeter fence is the cornerstone of any dog-friendly yard, preventing escapes and shielding pets from external hazards.

Robinson emphasizes that while a sturdy fence is non-negotiable, it’s equally important to eliminate escape opportunities. This includes checking for loose boards, broken wires, or gaps that a determined dog might exploit. Leanne S., client success coordinator at Emotional Pet Support, recommends using “dig-proof fencing with buried barriers” to deter digging attempts. Regular maintenance is key to ensuring your fence remains a reliable boundary for years to come.

Durable Landscaping: Choosing Pet-Safe Materials for Long-Lasting Yards

Traditional lawns can quickly fall victim to the relentless energy of active

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NHC Demands HUD Withdraw Mixed-Status Eligibility Rule

NHC Demands HUD Withdraw Mixed-Status Eligibility Rule

National Housing Conference Urges HUD to Withdraw Controversial Mixed-Status Housing Rule

David Dworkin, President and CEO of the National Housing Conference (NHC), has made a strong appeal to the U.S. Department of Housing and Urban Development (HUD) to withdraw a proposed rule that would significantly tighten eligibility requirements for federally assisted housing. The NHC argues the rule, which specifically targets “mixed-status households,” would lead to increased family instability, escalate costs for taxpayers, and worsen the national homelessness crisis.

The proposed rule, initially announced by HUD Secretary Scott Turner in February, mandates that all residents in HUD-funded housing provide proof of U.S. citizenship or eligible immigration status. This would eliminate the long-standing policy allowing mixed-status households – where some members are eligible for assistance and others are not – to receive prorated housing subsidies based on the number of eligible residents. This fundamental change would effectively require every member of a household to meet eligibility criteria for any assistance to be granted, creating a stark binary where none previously existed.

NHC’s Comprehensive Critique: Instability, Costs, and Burden

Dworkin condemned the proposed policy as deeply flawed, forecasting severe repercussions across multiple fronts:

  • Forced Choices and Family Instability: Dworkin stated, “It would force
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Southeast MLS Alliance Expands Its Reach, Now Covering Florida Realtors Nationwide



Southeast MLS Alliance Expands into Florida

Southeast MLS Alliance Expands Its Reach, Now Covering Florida Realtors Nationwide

What’s Behind the Move?

The Southeast MLS Alliance has recently expanded its regional data-sharing network with the addition of realMLS, extending coverage into northeast Florida. This move is expected to significantly improve listing data access, reduce friction, and increase property exposure and referral opportunities across state lines.

A Regional Powerhouse

The alliance now represents over 118,000 subscribers across multiple metropolitan markets in the Southeast, including Charleston, South Carolina; Nashville, Tennessee; Charlotte, North Carolina; and Georgia. With realMLS on board, the alliance has strengthened its presence in the region, providing agents and brokers with greater access to listing data across participating MLS systems.

A Commitment to Transparency and Efficiency

Nicole Jensen, CEO of realMLS, emphasized that expanding into Florida aligns with the organization’s focus on improving access to data and reducing friction for users. “This opportunity for realMLS to join the Southeast MLS Alliance aligns with our commitment to transparency, efficiency, and better outcomes for agents and the consumers they serve,” she said.

Breaking Down Barriers

The expanded network is designed to provide agents and brokers with increased exposure of properties and more referral opportunities across state lines. According to Joseph Cullom, CEO of CHS …

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Closing the Appraisal Gap: Navigating Market Uncertainties in 2026



The Appraisal Gap in 2026: A Deep Dive


Closing the Appraisal Gap: Navigating Market Uncertainties in 2026

Real estate valuations have traditionally leaned heavily on historical data as one of the most important factors used to determine the appraised value of homes. This data includes comparable transactions and cap rates from prior years, along with historical real estate market data. However, there are a few areas that the past-anchored valuation system fails to build into the appraisals, leaving an appraisal gap that is becoming difficult to ignore in 2026.

Major Climate Events

An important lesson that has been discovered more recently in the real estate industry is that not all properties in climate-impacted or high-volatility markets fit standard comps. This means that the insurance industry has had to make adjustments around forward-looking models that factor in major climate events like flooding and wildfires.

  • As a result of recent climate incidents, many insurers have pulled out of high-risk markets, and transaction volume has dwindled.
  • As a result,
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Building Lead Generation Certainty: Expert Insights from Lower’s John Berkowitz

Building Lead Generation Certainty: Expert Insights from Lower
**Unlocking the Power of High-Performing Real Estate Agents with Movoto Advantage**

As the real estate market continues to evolve, innovative solutions are emerging to connect top-performing agents with motivated buyers and sellers. In a bold move, Lower acquired Movoto in 2025, paving the way for the launch of Movoto Advantage, a limited-access subscription program designed specifically for high-performing solo agents.

**A Vision Realized**

John Berkowitz, former Movoto CEO and current president of real estate at Lower, first outlined this vision to HousingWire last year. The goal was simple yet ambitious: leverage Lower’s network to connect more consumers with top local real estate agents and mortgage professionals. With the launch of Movoto Advantage, it appears that vision is now a reality.

**The Power of Certainty**

At its core, Movoto Advantage provides agents with certainty in a fast-paced sales cycle. By connecting them directly with motivated buyers and sellers through warm live transfers, agents can focus on what they do best: delivering exceptional service to their clients. This program operates within Lower’s Movoto real estate marketplace, initially rolling out to independent agents who rank near the top in their markets by transaction volume and have a history of closing deals, strong client …

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New Anti-Money Laundering Rule Proposed for Financial Institutions by FinCEN

The Financial Crimes Enforcement Network (FinCEN) has issued a proposed rule aimed at reforming anti-money laundering (AML) and countering the financing of terrorism (CFT) programs under the Bank Secrecy Act. The proposal seeks to reduce compliance burdens by promoting risk-based and reasonably designed programs, creating greater consistency in evaluating financial institutions for effectiveness.

Reducing Red Tape

The proposed rule is intended to refocus compliance obligations on perceived effectiveness, distinguishing between program design failures and implementation deficiencies. This approach would shift the emphasis from paperwork volume to actual illicit finance threats, allowing financial institutions to identify and evaluate their own risks more effectively.

Increased Transparency and Oversight

The proposal also clarifies expectations for independent testing and audit functions, ensuring that examiners do not substitute their subjective judgment for financial institutions’ risk-based and reasonably designed AML/CFT programs. FinCEN would play a more central role in AML/CFT supervision through a new notice and consultation framework with federal banking supervisors regarding significant supervisory actions.

Criticism from Transparency International

While welcoming the proposal, Transparency International U.S. expressed concerns about the potential weakening of oversight and risk-assessment features. The organization noted that the proposal could make it harder for regulators to step in when financial institutions …

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Why Rent Out Property is Essential for Success

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Why Rent Out Property is Essential for Success

In the quest for financial security, independence, and long-term wealth, few avenues offer the tangible benefits and proven track record of real estate investment. Specifically, the decision to rent out property stands out as a foundational strategy for those aspiring to significant financial success. It’s more than just owning a house; it’s about strategically leveraging assets to generate income, build equity, and diversify your financial portfolio. This article will delve into the multifaceted reasons why renting out property is not merely an option, but an essential component of a robust financial plan.

The Foundation of Financial Independence

At the heart of successful wealth building lies the ability to generate income that isn’t solely tied to your active working hours. Rental property provides exactly that, laying a strong foundation for financial freedom.

Generating Passive Income

One of the most compelling reasons to rent out property is the consistent stream of passive income it provides. Once you’ve acquired and prepared a rental unit, tenants pay you regularly, often covering your mortgage, property taxes, insurance, and maintenance costs, with a surplus left over. This cash flow can significantly supplement your primary income, offering a crucial …

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Key Trends Shaping the Future of Home Selling

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The Future of Sell Home: What to Expect

The Future of Sell Home: What to Expect

The landscape of real estate is in constant flux, but the pace of change is accelerating like never before. Gone are the days when placing a “For Sale” sign in the yard and running a newspaper ad were the pinnacle of home selling strategy. Today, technology, data, and shifting consumer expectations are reshaping how we buy and sell properties. If you’re planning to sell your home in the coming years, understanding these emerging trends isn’t just helpful – it’s essential for maximizing your return and streamlining the process. The future of selling a home promises a more efficient, transparent, and personalized experience, driven by innovation at every turn.

Key Trends Shaping the Future of Home Selling

Prepare for a paradigm shift. The act of selling a home is evolving from a traditionally analog process to one heavily influenced by digital tools and data-driven insights. Here’s what’s on the horizon for those looking to sell home in the near future.

Digital Dominance: From Listings to Closings

The internet has already revolutionized how homes are discovered, but its role is set to deepen significantly. Expect …