HomeLight

MARCH 30, 2021

As a buyer, that means you have to do your due diligence from both a practical and contractual perspective. What does due diligence mean in residential real estate? That’s why we’ve put together this guide to due diligence for a homebuyer. Free Homebuying Due Diligence Checklist.

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Redfin

OCTOBER 10, 2023

“While New York State (NYS) does not mandate home inspections when purchasing a house, given the current market situation and the limited supply of homes for sale, we believe it is even more important for home buyers to exercise due diligence and safeguard their most significant lifetime investment,” recommends J² Home Inspections.

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HomeLight

MAY 28, 2021

Issues beneath the flooring or behind the drywall won’t be uncovered by a regular inspection, but inspectors will alert buyers of any questionable, tell-tale signs that may need to be further investigated by a specialist. A home warranty is not equivalent to an inspection, but it does offer a little more security if certain things go wrong.

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HomeLight

AUGUST 27, 2021

This may not have an adverse effect on someone who’s healthy, but people with compromised immune systems, infants, and elderly individuals may be at risk of developing an infection. It’s common to have real estate contingencies in place, which could include an inspection contingency.

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HomeLight

MARCH 13, 2023

As concrete foundations settle on sandy soil, houses may develop settlement cracks and other foundation issues. With a cash home buyer, there are usually no financing or inspection contingencies typically found in traditional real estate contracts. The buyer does due diligence during the option period in Florida.

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HomeLight

MAY 28, 2021

However, it’s vital to do your due diligence before buying a home as-is to protect yourself or you might just end up wasting your investment on a money pit. An inspection can tell you upfront the exact issues with the house so you know what money you might have to spend down the line.

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HomeLight

MARCH 16, 2023

With a cash home buyer, there are usually no financing or inspection contingencies typically found in traditional real estate contracts. So you won’t be holding your breath until the buyer’s loan approval comes through or be on the hook for needed repairs discovered during the home inspection.

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