Explore the Essentials of Form 17 Seller Disclosure Statements
Mandrona Group
APRIL 26, 2024
Strap in as we embark on an enlightening journey into the importance of Form 17 Seller Disclosure Statements. Read More
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Mandrona Group
APRIL 26, 2024
Strap in as we embark on an enlightening journey into the importance of Form 17 Seller Disclosure Statements. Read More
RIS Media
MAY 10, 2022
SkySlope, a real estate transaction software company, has launched Breeze, a streamlined application that aims to make disclosure forms easy for agents and sellers to complete, the company states. Equipped with forms and a digital signature tool, SkySlope provides a frictionless workflow that saves time for agents.
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Hank Miller Team
MAY 9, 2023
However, some sellers have a deeper attachment to certain items, going as far as removing them prior to closing. Talk to agents and stories will flow; the seller who was determined to take his outdoor plants after selling. The seller that removed the rain shower heads from all of the bathrooms in the home.
HomeLight
OCTOBER 30, 2020
You go to investigate the root cause of the water intrusion and discover something worse than wet carpet: evidence that the seller likely knew about the issue and told you nothing (nada! This is the exact type of unfair scenario that seller disclosures are supposed to protect you from as a homebuyer. Full disclosure.
Housing Wire
NOVEMBER 2, 2022
The housing industry, from servicers to real estate agents and more, will feel the impacts of this year’s hurricane season far beyond 2022. Real estate agents and insurance agents are looking for data and information to help their customers better understand flood risk and then take action by buying flood insurance.
HomeLight
JANUARY 22, 2024
Fast facts about selling a house ‘as is’ in Michigan Median sales price in Michigan $291,186 Average days on market (DOM) for Michigan 42 Days Disclosures Michigan law requires sellers to disclose material facts about the property through the Seller Disclosure Act (Act 92 of 1993). yes, according to Jeff Todd.
Realty Biz
OCTOBER 28, 2022
Your home has been on the multiple listing service for much longer than you think it should be, it is costing you money, but you've not seen your agent do much more. You and your agent have different objectives. After all, the relationship between real estate agents and their clients is paramount to a successful transaction.
Realty Biz
JULY 11, 2022
Several have sold before I even talked to an agent about them. But this is my first home, and I don’t know why I should hire an agent. As a first-time buyer , I can’t stress enough how important I think it is for you to use a buyer’s agent. Let’s start with the cost to hire a buyer’s agent. Answer: Hello Stuart.
Hank Miller Team
SEPTEMBER 14, 2022
Well what's old is new; let's get ready for the return of verbal (mostly) combat regarding seller's disclosures. Can the seller change the disclosure after contract? "it depends" Issues with the seller's disclosure tend to be the most common thing buyers and sellers lock horns over.
Windemere Selling
OCTOBER 25, 2023
Though this case had a ripple effect in the housing industry, you should still check with your agent regarding the seller disclosure laws in your local market. Although the laws around haunted disclosures are a bit murky, if a buyer asks about the history of the home, you as the seller have a duty to be honest.
Redfin
AUGUST 3, 2021
What to know when buying a house without a real estate agent. Let’s start by looking at some frequently asked questions about buying without an agent. . If you work without an agent, can you only buy homes that are for-sale-by-owner (FSBO)? You can make an offer on any home just as you would if an agent were representing you.
Windemere Buying
OCTOBER 31, 2022
Ask to See the Seller Disclosure Form. This case set the standard for future seller disclosures. In this instance, they found that the history of the home and the seller’s experiences in it would have influenced the marketability. Ask Your Agent and the Neighbors . Buyer Basics – Preparing to Buy a House.
Hank Miller Team
JULY 2, 2023
Real estate laws vary by state but there is the expectation of full disclosure of all material facts about a property. Seller disclosures are completed and assumed to be truthful but that’s not always the case. Lawsuit wins against agents are rare, the industry is well insulated, but judgements against individuals are seen.
Realty Biz
JANUARY 10, 2024
Unfortunately, if the wrong real estate agent is chosen, it can lead to getting poor advice. From three decades of experience as a Realtor, many home sellers make aweful choices when it comes to their real estate agent. Asking an agent good interview questions can help immensely. Nobody wants that, but it's a reality.
Inman
OCTOBER 20, 2023
Dallas real estate agents Heather Guild and Elena Richey bonded with their non-agent friend, Melanie Stout, over a shared interest in true crime and real estate, which is how the "Crime Estate" podcast was born.
Hank Miller Team
DECEMBER 1, 2021
But unless the buyer and agent have a working knowledge of construction and a level of experience that allows them to spot signs of trouble, the buyer may be walking off a cliff. Oddly, there was a steady stream of buyers and agents through while we were there, none recognized or mentioned these issues.
RIS Media
DECEMBER 6, 2020
How Real Estate Agents Can Use Flood Risk Data to Their Advantage. – Lawsuits triggered by lack of disclosure are more and more common and affect E&O insurance claims and create liability for the real estate broker. Flood Factor, realtor.com®,
Realty Biz
JULY 1, 2023
During this stage, the buyer, seller, or their respective agents select an escrow agent who will oversee the process. The escrow agent acts as a neutral intermediary, holding funds and important documents until all conditions are fulfilled.
Hank Miller Team
AUGUST 16, 2023
Same questions can surround seller's disclosures; can you prove a seller lied? Can you prove the agent(s) knew and failed to disclose a defect? The hazardous condition was a significant factor in causing the slip and fall and resulting injuries. What can be proven in court?
Hank Miller Team
APRIL 12, 2023
Real estate agents have certain obligations as well. While a listing agent might not have the same firsthand knowledge as a seller, they cannot misrepresent the home. The seller disclosure forms do not ask and there is no requirement in Georgia for a seller to note repairs made provided the item is functioning as designed.
HomeLight
MAY 28, 2021
Ken Crotts , a real estate agent with over 35 years of experience in Seattle , is passionate about helping buyers avoid bad home purchases. Seller disclosures. In many states, seller disclosure forms are required to complete a real estate transaction. Ask your agent about your options in this case.
Redfin
MAY 5, 2023
Connect with a local agent in Texas Working with a local Texan real estate agent is a must when buying a house in Texas. Texas is a large state with diverse housing markets, and local agents have extensive knowledge about their specific area’s real estate market, trends, and neighborhood information.
Redfin
MARCH 14, 2022
Typically, a seller’s disclosure is provided a few days after mutual acceptance during the closing stages of the transaction. However, some sellers may choose to disclose as early as home tours. Usually, your state will have a standard form the seller fills out, while some states allow sellers to disclose more casually.
Kyle Handy
MAY 10, 2023
Just be sure to inform the agent before showing that you’re only previewing the listing for potential buyers and that it’s not an actual showing with clients. Most agents and sellers will not have an issue with this. Ask 3 Other Agents to Give You A Valuation Crowdsource the value of their listing.
HomeLight
DECEMBER 30, 2021
Here to help is top Chicago -based real estate agent Debra Dobbs , whose 37 years in the industry have made her a true documentation expert. Real estate agent contract. Your agreement with a buyer’s agent may be one of the first legal documents you’ll encounter when buying a home. Grab a pen and let’s review! Purchase agreement.
BubbleInfo
OCTOBER 22, 2023
This topic came up in my 45 hours of continuing education, and Donna agreed that rarely do listing agents comment on their seller’s disclosures – do they even read them?
RIS Media
DECEMBER 14, 2020
How Real Estate Agents Can Use Flood Risk Data to Their Advantage. – Lawsuits triggered by lack of disclosure are more and more common and affect E&O insurance claims and create liability for the real estate broker. Flood Factor, realtor.com®,
HomeLight
OCTOBER 17, 2022
While the first portions of the disclosure form are straightforward, sellers may get stuck in the weeds midway through, which can cause undue stress and information overload. You don’t need to “overshare,” explains 5-star-rated real estate brokerage owner/agent Hillary Smith of Austin. Find Agent.
HomeLight
DECEMBER 29, 2020
I had one listing that had some pools of water in certain places in the backyard,” says Danii Sedillo , a top agent of 15 years in the El Paso, Texas, area. When a buyer takes interest in a house — whether they’ve found it themselves or through their agent — they’re going to have questions. Source: (smolaw / ShutterStock).
HomeLight
OCTOBER 17, 2022
If you’re about to sell or buy a house in Georgia, you may be wondering what sort of information the seller is required to disclose about the property. Each state has its own set of disclosure laws, and Georgia’s are a little less defined than most. What is a seller’s disclosure? Find Agent.
HomeLight
AUGUST 16, 2021
Your agent will help you figure out what protections you need for the specific as-is situation of your purchase. Rick Hoskins, founder of Filter King , who works with many as-is homes, recommends that potential buyers “Pay attention to the seller. Talk to your agent about seller disclosures in your state.
HomeLight
OCTOBER 25, 2022
Of course, a licensed real estate agent will automatically list your home on the MLS, but what if you don’t want to commit to a full-service real estate agent? The MLS is a database that real estate agents use to help both buyers and sellers make a home transaction. You have more control over your home sale.
RIS Media
SEPTEMBER 20, 2021
Arizona state statute requires licensed real estate agents to notify buyers through a written affidavit whether or not the property is on a FEMA-designated floodplain. Licensed real estate agents must also disclose any water that is a “feature” of the property, and whether it fluctuates “substantially in size or volume.”
HomeLight
JANUARY 10, 2023
With such impressive sales figures, some sellers may be curious about how to sell a house by owner in California — a decision that could help them save on agent commissions. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions.
HomeLight
FEBRUARY 26, 2021
By analyzing it from every angle — such as how to make effective home improvements, find the right agent, and nail your home presentation — you’ll walk away from the sale confident that you haven’t left any stone unturned. Find an agent with a track record of selling homes for more. Source: (You X Ventures / Unsplash).
HomeLight
MARCH 31, 2022
With such impressive sales figures, some sellers may be curious about how to sell a house by owner in Arizona — a decision that could help them save on agent commissions. We’ll also provide a comprehensive overview on the full process to prep, market, and close on your home without the assistance of a real estate agent.
The Residential Specialist
FEBRUARY 26, 2021
Agents need to know and plan for what’s required of them with regard to natural disaster disclosures. In California, for example, all sales must include a Natural Hazard Disclosure Report that lets buyers know if a property is located in an area that’s prone to flooding, earthquakes or wildfires, among other things.
Realty Biz
AUGUST 24, 2020
Now, the new owner is suing the real estate agent and seller for fraud by questioning if the garage was legally converted into a living space because it is not up to code. That implies the seller, agent, and buyer don’t agree on the facts. Obviously, I don’t want to get into this kind of nightmare. Answer: Hello Sally.
HomeLight
JULY 31, 2021
Lisa Roberts , a seasoned real estate agent in the Scottsdale and Phoenix markets, is seeing a higher number of all-cash offers for properties priced under $700,000, and especially for homes under $450,000. “In But if we’re dealing with HOA disclosures and loan payoffs, it could take a few weeks.”.
HomeLight
OCTOBER 31, 2022
Not at all, says Sepehr Niakan , a Florida real estate agent with 18 years of experience bringing over 69% more single-family home sales to fruition than the average Miami agent. We spoke to Niakan to get a professional’s take on what the Florida disclosure form is — and what it isn’t. Find Agent. Real Estate Agent.
HomeLight
OCTOBER 12, 2022
If you need assistance navigating the legalities of what to include on a home seller disclosure form in Utah, HomeLight always encourages you to reach out to your own advisor. We’ve consulted with a top real estate agent and researched items that must be disclosed to help make sense out of the seller disclosure form in Utah.
Redfin
AUGUST 25, 2021
Real estate disclosures and flood zones. Real estate disclosures, or a seller disclosure , is a set of documents answered by the seller of a home, listing any known issues with the property and any remodel projects completed during the time they owned the home. What to know about selling a home in a flood zone.
HomeLight
JANUARY 29, 2021
Throughout your home sale, your real estate agent wears many hats: salesperson, stager, marketer, negotiator, and all-around industry expert. Still, there are some questions real estate agents can’t answer. Here are five types of questions real estate agents can’t answer: Source: (park dasol / Unsplash).
HomeLight
APRIL 29, 2022
For many home buyers and sellers, finding a trustworthy real estate agent is top of mind, since unethical real estate agent behavior could endanger one of the largest financial transactions they will ever make. Most real estate agents do act ethically. Does it matter whether I choose a Realtor® or a real estate agent?
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