HomeLight

MAY 28, 2021

But there are protections in place that are designed to prevent the sale of a “lemon” house equivalent. Seller disclosures. In many states, seller disclosure forms are required to complete a real estate transaction. Many new construction homes come with a home warranty from the builder.

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Inspection contingency Inspection Seller disclosure Due diligence 81

HomeLight

OCTOBER 17, 2022

it’s common for sellers to have to disclose certain details about their property to potential buyers before the transaction can take place. These legally-binding requirements are designed to enforce transparency in the dealings so as to avoid physical or financial harm to the parties involved. When transferring real estate in the U.S.,

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Purchase and sale agreement Due diligence Earnest money deposit Inspection 93

HomeLight

AUGUST 16, 2021

There are a few different types of as-is designations, and what as-is really means varies by designation. Sometimes it’s just certain components, which will generally be flagged as the as-is part of the sale. Talk to your agent about seller disclosures in your state. It’s not zoned for its use.

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As-is Title Inspection Inspection contingency 122

RIS Media

SEPTEMBER 20, 2021

As more and more climate change-fueled extreme weather events—from historic hurricanes to unexpected summer downpours—affect homes, one issue anyone selling or buying a home needs to be aware of is disclosure. ” It also requires that sellers disclose water or leakage in the basement along with frozen pipes or drains. .”

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Design Purchase and sale agreement Agents Seller disclosure 109

Redfin

AUGUST 25, 2021

A99 An area protected upon completion of an under-construction federal flood protection system like a dam or levee. D This zone is designed to catch all other risk areas that are not defined by other flood zones. It’s important to note that just because your home is not in a designated flood zone doesn’t mean flooding won’t happen.

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Seller disclosure Construction Design As-is 79

HomeLight

OCTOBER 20, 2022

If you need assistance navigating the legalities of what to disclose when selling a home in New Jersey (NJ) or using seller disclosure forms, HomeLight always encourages you to reach out to your own advisor. Do sellers have to disclose anything other than lead paint hazards? Find Agent.

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Purchase and sale agreement Inspection Construction Land 93

HomeLight

FEBRUARY 9, 2023

If you need assistance navigating the legalities of what to include on a home seller disclosure form in New York State, HomeLight always encourages you to reach out to your own advisor. The home seller is often legally required to share any issues or problems within their knowledge. Fortunately, you’ve come to the right place.

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Purchase and sale agreement Inspection Residential Agents 84