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.

Inspection contingency 82

Inspection contingency Inspection Seller disclosure Due diligence 82

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.,

Purchase and sale agreement 95

Purchase and sale agreement Due diligence Earnest money deposit Inspection 95

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 104

HomeLight

AUGUST 16, 2021

There are a few different types of as-is designations, and what as-is really means varies by designation. It’s possible for the zoning rules to change after construction, or even for mistakes to happen, such as the builder constructing a duplex in a neighborhood where duplexes are not allowed. It’s not zoned for its use.

As-is 120

As-is Title Inspection Inspection contingency 120

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.

Seller disclosure 79

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. For that reason, sellers have the option of responding to the questions by marking yes, no, or unknown.

Purchase and sale agreement 94

Purchase and sale agreement Inspection Construction Land 94

HomeLight

OCTOBER 17, 2022

If you need assistance navigating the legalities of what to include on a PA seller disclosure form, HomeLight always encourages you to reach out to your own advisor. So, you’re getting ready to sell your Pennsylvania home, and among the many documents you’ll be signing in the process is a disclosure statement. Engineering.

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Purchase and sale agreement Seller disclosure Inspection Agents 92