HomeLight

JANUARY 26, 2024

If you’re purchasing a home, or planning to make an offer on a home, it’s likely that your biggest concern is whether you’re buying a house that’s in good shape under the hood. For this reason, most contracts contain an inspection contingency clause. But what happens if the inspection contingency expires?

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Housing Wire

OCTOBER 1, 2022

As reported in the latest NAR Existing-Home Sales , inventory still remains in tight supply, which means homes are still moving at a fast past despite the recent rise in rates and home prices. In comparison, in 2011, homes took 96 days to sell. . For every home that was listed, there were 2.5 Historically 2.5

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Housing Wire

JULY 12, 2022

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser.

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HomeLight

FEBRUARY 16, 2024

Need to sell your home quickly in Ohio? Opting for a cash sale can be an ideal response to unexpected or urgent life events, offering a straightforward way out without the hassle of traditional home selling processes. Complete the inspection: Some companies may require a brief inspection of your home to finalize the offer.

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Lab Coat Agents

JUNE 22, 2023

Are you planning to purchase a new home? A home inspection is a crucial step in the home-buying process. But don’t just passively observe the inspection; actively participate by asking the right questions. Section 1: Questions to Ask Before a Home Inspection 1. Can I attend the inspection?

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Realty Biz

OCTOBER 19, 2022

Buying or selling a home isn't easy, with potential problems before you close. The home inspection is part of the process that can lead to problems, but what does a home inspector do? The home inspection is the buyer's opportunity to get a professional opinion on the home's condition. Others do not.

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Norada Real Estate

APRIL 15, 2023

Once you find your dream home and make an offer, the next step is to go under contract. Home Inspection Contingency One of the most common contingencies that can affect the length of the under-contract period is the home inspection contingency. But how long can a house be under contract?

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HomeLight

FEBRUARY 28, 2024

If you’re a homeowner in Pueblo and need to sell your home quickly, “We Buy Houses” companies can offer a lifeline with all-cash offers, especially for properties requiring renovation. Opting for a cash-for-homes company can be an ideal response to unexpected or urgent circumstances.

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Realty Biz

MARCH 19, 2021

Homeowners who’re looking to secure a quick sale might want to take it upon themselves to do a pre-listing home inspection with the aim of speeding up the sales process. Sellers that opt for a pre-listing inspection will be informed of any issues with their home that might impact its value.

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CT Homes

APRIL 4, 2024

One of the pivotal moments in this journey is the closing process—the final lap in the race to your new home. It involves a fair bit of paperwork, the settlement of closing costs, and, most importantly, the handover of the keys to your new home. It’s a blend of excitement, dreams, and, let’s be honest, a fair bit of anxiety.

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Realty Biz

MARCH 12, 2023

Preparing For an FHA Inspection Before your FHA loan can be approved, your buying home must be inspected and appraised. The FHA wants to ensure the home is worth the money you are willing to pay. The inspection will check the roof is in a good enough condition, the water is drinkable, and many other things.

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Realtor.com

SEPTEMBER 18, 2020

Westend61 / Getty Images By the time my husband and I put in an offer on a home (for the third time) in August, we were exhausted by the home-buying process—and we hadn’t even bought a home yet. Up against a tight deadline, we considered an option that seemed like real estate suicide: Should we waive our home inspection?

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Realty Biz

DECEMBER 15, 2022

Finding a home to buy is just the start of the adventure. Many home buyers and sellers know that escrow is a financial arrangement with a third party who holds money or other property until the terms of the sale are complete. The most common types of contingencies include: Sale of a buyer’s home. Satisfactory home inspection.

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Redfin

DECEMBER 8, 2023

Whether you’re considering buying a home in Martinsburg , Harper’s Ferry , or anywhere else in the Mountain State, your homebuying process isn’t complete without a West Virginia home inspection. Many homes have issues that are easily overlooked and can be costly down the road.

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Realty Biz

MARCH 13, 2024

If you're considering buying a home in Maryland in 2024, you’ll want to go in fully prepared for the state's competitive real estate landscape. While rising prices and mortgage rates present challenges, it’s still possible to find your dream home with the right strategy. This gives you a price range to target in your home search.

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Real Trends

SEPTEMBER 29, 2022

The wild ride that caused a home buying and selling spree became a bit of a noticeable issue in the home inspection industry around the third quarter of 2021. It was an out-of-control period that caused bidding wars all over North America for the homes that were available. Trends in home inspection.

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Realty Biz

MARCH 28, 2023

VA appraisals and VA inspections are often confused, but they are different. We look at a home's requirements when applying for a VA loan. There are VA loan inspection requirements for appraisals that buyers, sellers, and real estate agents should know. Is a Home Inspection Required When Getting a VA Loan?

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RIS Media

JANUARY 10, 2022

If you’ve watched the news recently, you’ve likely seen stories of remorseful homebuyers who waived a home inspection to get their offer accepted. Buyers who move into their new home and find themselves facing significant unforeseen expenses are not likely to be happy campers. Septic Repairs. Buried Fuel Tanks.

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HomeLight

MARCH 12, 2024

When a building is condemned, especially when it’s your home, it can be alarming and confusing. Whether it’s due to safety concerns, health hazards, or other issues, understanding the implications for you and your home is crucial. What does it mean when a property is deemed unfit for habitation or use?

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Realty Biz

FEBRUARY 1, 2024

When selling a home, you should look for a top listing agent. When buying a home a skilled buyer's representative becomes crucial. We will examine the duties and responsibilities of a buyer's agent. They aim to advocate for and protect the buyer's best interests throughout home-buying.

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Realty Biz

JANUARY 18, 2024

Anyone looking to buy or sell a home in the new year has been holding their breath to see which direction interest rates are headed. But with inflation slowing and the Federal Reserve hinting at rate cuts in 2024, many homeowners are putting their homes on the market. Deep Clean Before your listing hits the internet, scour your home.

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McKissock

MAY 24, 2023

“inspection days”). Continue reading for her response. 5:00 PM – Leave to go home. Inspection day Here’s a general idea of what my schedule might look like on a day when I’m out in the field inspecting properties (my favorite day!): After the interior inspection is the exterior inspection.

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Broke Agent Media

FEBRUARY 21, 2023

If this turns out to be inaccurate, you are responsible. Essentially, the Fair Housing Act protects home buyers from discrimination. It’s a reasonable expectation that the seller disclose any material defects that are not easy to spot during a walk-through inspection of the property. And it’s usually avoidable.

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Realty Biz

AUGUST 22, 2022

It’s one of the key stages of your life, buying your first property – whether that’s a house, apartment, or even a holiday home. Some of the additional costs that come with buying a home are relatively unknown. Here are a few of those potential additional costs: Home Inspection Fee. Home Appraisal Fee.

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Realty Biz

OCTOBER 2, 2023

The future of computerized home building in real estate is likely to be shaped by several emerging technologies and trends. Customization : It allows for greater customization, as homes can be designed and modified digitally before they are built.

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Construction Technology Design Inspection 101

HomeLight

FEBRUARY 21, 2024

Whether you’ve decided to downsize to a downtown condo or just accepted a job offer in another state, there are all sorts of reasons why you might want to offload your current home ASAP. Financial strain: When facing tight finances due to medical bills, bankruptcy, or foreclosure , a fast home sale can alleviate the burden.

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Realty Biz

APRIL 8, 2024

Buying your first home is a big deal. And starting off your journey right is critical to your home-buying success. The following are the most common questions asked by Massachusetts First-Time Home buyers. How Do I Start the Home Buying Process? They can help you start on the right path to buying your first home.

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Windemere Buying

APRIL 12, 2023

It takes a village to purchase a home. Though it’s ultimately you who is paying for the property, successfully purchasing a home is a result of several people’s contributions. It helps to know who these individuals are, how they responsibilities pertain to your home purchase, and when you’ll encounter them during your journey.

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Windemere Buying

APRIL 26, 2023

For some home buyers, a fixer-upper is their idea of a dream home. However, the process of buying a fixer-upper comes with additional responsibilities compared to properties in better condition or new construction homes. Talk with your lender about which option is best for you.

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Renovation Inspection Loans Finance 91

RIS Media

APRIL 11, 2022

Even if you cannot answer right away, set up an automatic response letting them know you’ve received their message. We all want to be heard, and no one wants to sit around all day waiting for a response. This will guide your property search within the bounds of their budget and home-buying goals. Manage the inspection.

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Realty Biz

SEPTEMBER 18, 2023

When selling a home while out of state, people commonly utilize it. An appointed agent assumes responsibility and can decide on properties, finances, and legal matters. Home buyers can have an attorney do these tasks. Maximum Real Estate Exposure does an outstanding job summarizing what to know about a POA.

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McKissock

JULY 20, 2021

Appraisers often balk at assignments that require a more detailed inspection of the subject property (e.g., FHA appraisal assignments ) because they don’t want to be considered a “home inspector.” Are you a home inspector? You were hired to complete an appraisal. Why are these roles often confused?

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Louisville Homes

OCTOBER 13, 2022

If you plan to sell your home soon, you may not have considered all the challenging parts of this process. As if marketing your home wasn’t complicated enough, when a buyer is ready to purchase your home, this doesn’t mean you can immediately go to closing. Home Inspection 101. Deals can fall apart.

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Real Trends

JULY 11, 2022

Assisting a customer as they complete a home purchase is a big responsibility that requires both hard knowledge and soft skills. When your customer finds a home they fall in love with, the first step is to make sure it’s worth the asking price. They can also be useful if the home requires significant repair.

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HomeLight

APRIL 20, 2023

The example costs provided are based on median home prices and typical fees. Your closing costs may differ depending on your circumstances and the terms of your home purchase. If you’re looking to buy a home in New Jersey, you’ve probably already been saving for a down payment and determining how much house you can afford.

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Realtor.com

DECEMBER 30, 2021

Maybe your home has a bit of damage from the last storm, but it’s nothing major. Sending a professional to somehow inspect the condition of your home unannounced may seem a bit bold on the buyer’s part. Whether or not you’re selling your home, you have certain rights as a property owner.

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Realty Biz

OCTOBER 20, 2023

Buying a home is a significant milestone in anyone's life. However, amidst the excitement of finding the perfect property, there's a crucial step that many homebuyers might overlook or not fully understand - the home appraisal. What is a Home Appraisal? It's not just a financial investment; it's also an emotional one.

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