RIS Media

DECEMBER 14, 2020

– The cost of flood insurance, if not factored into the financing equation in the early stages of a home search, can make the purchase of a home challenging and many times unattainable. Disclosure: Some states require a seller disclosure that includes information about past flood damage; however, many do not.

Closing 68

Closing Seller disclosure Lending Staging 68

HomeLight

JUNE 30, 2021

There are a number of factors to consider, and you’ll need to assess your finances and take your priorities into account. Contingencies are certain conditions that must be met before the closing date and typically relate to financing, inspections, appraisals, and home sale. Financing contingency. Inspection contingency.

Purchase and sale agreement 90

Purchase and sale agreement Inspection contingency Home sale contingency Inspection 90

HomeLight

APRIL 29, 2022

Disclosures. Seller Disclosure Statement. A good time to fill out Washington’s Seller Disclosure Statement (colloquially called Form 17 ) is prior to listing your home or requesting an offer so that you know it’s taken care of. If we can make it financeable for them, then that gives them more options.”.

As-is 77

As-is Purchase and sale agreement Investor Inspection 77

Kyle Handy

MAY 10, 2023

You don’t have to be a finance major to make it happen. Also, I believe it feels more substantial to a seller versus e-signatures. I’ll also have the seller fill out the seller disclosure while I’m at their home taking measurements and gathering other information I’ll need to complete the MLS listing.

Pre-approval 98

Pre-approval Seller disclosure Agents As-is 98

Redfin

AUGUST 3, 2021

Will sellers take you seriously if you don’t use an agent? Every seller is different. However, if you’ve done your homework, can offer proof of finances, and have all your paperwork in order (such as a pre-approval), you’ll raise your chances of a good reception from a home seller.

Agents 73

Agents Pre-approval Inspection Due diligence 73

HomeLight

OCTOBER 20, 2022

This establishes your ownership, along with details such as purchase price and previous seller disclosures. Many FSBO sellers will purchase a pre-listing appraisal. If the buyer is financing the purchase, they’ll typically want to conduct an inspection. These are often problems with titling or financing.

Purchase and sale agreement 105

Purchase and sale agreement Pre-approval Inspection MLS 105

HomeLight

AUGUST 16, 2021

You can also ask your agent to talk to the listing agent about the seller’s reasons for wanting to move now. Your lender may require the house to meet certain livability standards, so you might not be able to get financing for an as-is home. Talk to your agent about seller disclosures in your state.

As-is 117

As-is Title Inspection Inspection contingency 117

HomeLight

MARCH 13, 2023

You are either replumbing the house, rewiring the house, or putting a new roof on the house prior to closing so that a financed buyer can get insurance. There’s just so much less risk with a cash offer than with a financed offer that it is night and day,” says Spray. Both parties sign a contract and submit it to a title company.

Sales 89

Sales Investor Due diligence Renovation 89

HomeLight

JULY 31, 2021

But if we’re dealing with HOA disclosures and loan payoffs, it could take a few weeks.”. Disclosures and taxes for Phoenix cash transactions. A 10-day closing translates as selling your home around five times faster than with a buyer who needs financing in today’s market.

Investor 93

Investor Seller disclosure Sales Closing 93

HomeLight

FEBRUARY 28, 2021

Minimal seller disclosures. Virginia requires a seller to disclose material defects , but not latent defects. Waive appraisal and finance contingencies. Offer a rent-back clause to the seller. Write a letter to the seller introducing yourself. Work with a local lender who understands Arlington.

Earnest money deposit 100

Earnest money deposit Land Residential Inspection contingency 100

HomeLight

MARCH 31, 2022

Disclosures: . Arizona law requires sellers to disclose material facts about the property through the Residential Seller Disclosure. Buyers may ask for the offer to be contingent on other factors, such as the sale of their existing home or their ability to obtain financing. Is a real estate attorney required? .

Purchase and sale agreement 95

Purchase and sale agreement Inspection MLS Inspection contingency 95

HomeLight

JANUARY 10, 2023

Transfer Disclosure Statement. The main form to know is the Transfer Disclosure Statement (TDS), as it is considered to be one of the “ most important and well-known ” seller disclosures, according to CAR. Buyers may need longer to secure financing or sellers may ask for additional time to move out after closing.

Purchase and sale agreement 96

Purchase and sale agreement Natural hazards disclosure Inspection Title 96

HomeLight

NOVEMBER 29, 2021

The flat fee company posts the listing on the MLS, and the seller is responsible for showing their home, negotiating with either the buyer or the buyer’s agent, and managing the closing timeline. Expect to pay anywhere from $ 99 to $ 299 , depending on where you live and which company you select.

Purchase and sale agreement 91

Purchase and sale agreement MLS Inspection Agents 91

HomeLight

OCTOBER 18, 2022

You are responsible for many disclosures when selling a home in California. The California Association of Realtors created a comprehensive sales disclosure chart to assist sellers. Disclosure exceptions. There are some disclosure exceptions when selling a home in California. Closing costs. Property description.

Purchase and sale agreement 96

Purchase and sale agreement Inspection Closing costs Staging 96

HomeLight

NOVEMBER 14, 2022

What kind of financing will they use? Before signing anything, you’ll need to make sure this buyer is qualified, so that you don’t go under contract with someone who cannot actually afford the home or procure financing. To help, his brokerage has an in-house lender that offers local FSBO sellers the free service of screening buyers.

Purchase and sale agreement 85

Purchase and sale agreement MLS Agents Pre-approval 85