Closing costs for purchasing a condominium can include a variety of fees and expenses. Here’s a breakdown of common closing costs you might encounter: Estimated Range: Closing costs for a condo typically range from 2% to 5% of the purchase price, though this can vary based on location, the price of the condo, and specific…

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A real estate appraisal is an assessment of a property’s value conducted by a licensed appraiser. It is a crucial step in the real estate transaction process, particularly for buyers and sellers, as well as for lenders. Purpose of a Real Estate Appraisal: How an Appraisal Works: Key Factors Considered in an Appraisal: Impact of…

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Being Invited to the interview is a good sign:  The interview is the board’s opportunity to meet you and ask specific questions about your application. The style of the interview can range from an informal gathering of board members in an apartment to a formal interview with board members lined up at a table with you…

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