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What Does As-Is Mean When House Hunting? And When Should Buyers Consider an As-Is Home?

HomeLight

The seller likely isn’t going to make any repairs or offer credits for any issues you find, so you need to be comfortable with the work involved in this particular home. These components are often due for an upgrade or repair, but the seller would rather pass the responsibility on to the buyer rather than deal with it themselves.

As-is 117
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Under Contract vs. Pending Sale in Real Estate Transactions

Realty Biz

This means that it’s crucial to understand the difference between a pending sale and an under contract and what they mean for a buyer or a seller. This means that the buyer and seller have agreed on the terms of the sale. There may still be contingencies that need to be met, such as a home inspection or appraisal.

Sales 85
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How to Spot Serious Foundation Trouble

Hank Miller Team

Buyers were/are so stressed to secure a home that some toss caution to the wind; overpaying, waiving finance contingencies, inspection contingencies and more. If this buyer was getting a loan, any appraiser will note this and certainly call for structural inspection as well. Several were chatting about offers.

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Here’s How You Can Make an Offer On a House Without a Realtor® in 9 Steps

HomeLight

There are a number of factors to consider, and you’ll need to assess your finances and take your priorities into account. Having a mortgage preapproval letter before making an offer on a house will show the seller that you’re a serious buyer. There’s more that goes into making an offer besides landing on a purchase price.

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What’s Required to Sell a House Without a Realtor?

HomeLight

This establishes your ownership, along with details such as purchase price and previous seller disclosures. Many FSBO sellers will purchase a pre-listing appraisal. Mandatory disclosures. For example, Miller says to sell a house built before 1978 requires a lead-based paint disclosure. For Sale By Owner (FSBO).

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Big-City Convenience with Small-Town Charm: How to Buy a House in Arlington

HomeLight

If you want to buy a house in Arlington, you’ll have to factor in a higher cost of living and housing prices in this seller’s market, where the average listing sells in several days. “A Imagine stepping out of your quaint Colonial-style home on a crisp fall morning, as amber-colored leaves blanket the front lawn.

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How to Sell a House by Owner in California (2023 Updates)

HomeLight

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. Can FSBO sellers post a yard sign? That 6% is deducted from the seller’s proceeds at closing. Disclaimer : HomeLight does not provide legal advice.