Our Experience, Credentials, Track Record, and Awards
 After spending 20 years in the Retail Building Material Industry, Jim Davis has a unique approach to the Real Estate Industry. As a former company owner with annual sales volume of over $20,000,000, Jim brings a New Marketing approach to Sales in Real Estate. With years of negotiating with high-level buyers, Jim gained skills in selling that put him way ahead of the average Realtor. As a Realtor in the Huntsville market, Jim and his team offer services in all phases of home buying and selling. If you are looking for a home, you need the experience of someone who knows how to get the most for your money. If you are selling your property, you need a fresh, new approach to selling your home. Jim, Caroline,and the Davis Team are experienced agents with the skills to give you the best representation. When you work with a Davis Team member, they seek out your goals for buying and selling. They look for the features and benefits that you are seeking and help you find the right home and the best home for you and your family.
Please Sign Up For The
Latest Listings and the Latest Real Estate News
 |
First Time Buyers >The Seller May Pay
The costs of buying a home may be daunting. For example, you may have finally saved enough for a down payment on your first home, with a little left over to buy the furniture you will need. Then you hear about having to pay closing costs you weren't anticipating, and this may seem like a real setback.
One way to cover such a shortage is to make the sellers an offer that calls for them to credit you for some of the closing costs. As a rule, the sellers may pay a maximum of 3 percent of the sales price if the buyer is putting five percent down. If the buyer is making a down payment of 10 percent or more, the seller can contribute up to 6 percent of the sales price to cover the buyer's closing costs. Some items, such as prepaid taxes and the first month's mortgage payment, must be paid by the buyers. Sellers may also contribute to paying the appraisal, points, title insurance, settlement attorney fees, state or local transfer taxes and similar items.
Keep in mind that if the credit is included in the price of the house, the appraiser will have to justify the amount, based on sales prices of similar homes in the neighborhood.
|
|
| Q |
Where is the world's oldest hotel?
|
| A |
The Hotel Ryokan in the village of Awazu, Japan dates back to AD 717, when an inn was built near a hot spring reported to have miraculous healing properties. |
 See More Real Estate Trivia > |
|
|
|
-
NUMBER1EXPERT™ 
