About the Buyer’s Estimated Costs
Under Pennsylvania law, before an agreement of sale is signed, the licensees involved in the transaction must provide each party with a written estimate of reasonably foreseeable costs. The Buyer’s Estimated Costs (Form BEC) is used provide a good faith estimate of the buyer’s costs at closing.
Latest Content
-
51% of Millennials Are Currently Saving for a Home
- September 6, 2024
- 2 min. read
Over half (51%) of millennials are actively saving for a home. However, 77% said their rent is so high, it’s hard to save enough for a home. What do millennials know about the homebuying process?
-
Foreign Investment in Existing Homes Decreasing
- September 5, 2024
- 2 min. read
While Pennsylvania’s real estate market sees a smaller amount of international buyers than other states, the commonwealth did appear on two lists.
-
1 in 5 Regret Not Researching Healthcare Before Moving
- September 4, 2024
- 2 min. read
Among the many considerations Americans make before moving, only 1 in 10 (9%) prioritize healthcare, according to Harmony Healthcare IT.