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Home, Sour Home: How Homebuyers Can Avoid a ‘Lemon’

HomeLight

Ken Crotts , a real estate agent with over 35 years of experience in Seattle , is passionate about helping buyers avoid bad home purchases. Seller disclosures. In many states, seller disclosure forms are required to complete a real estate transaction. Inspections. This isn’t recommended. Home warranties.

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How to Spot Serious Foundation Trouble

Hank Miller Team

Buyers were/are so stressed to secure a home that some toss caution to the wind; overpaying, waiving finance contingencies, inspection contingencies and more. But unless the buyer and agent have a working knowledge of construction and a level of experience that allows them to spot signs of trouble, the buyer may be walking off a cliff.

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What Legal Documents Will You Need for Buying a House? Here’s Your List

HomeLight

Gaining an early understanding of the legal documents for buying a house will help you avoid confusion and keep stress levels to a minimum while you’re in the midst of negotiations , inspections , and closing. Real estate agent contract. Working with just one agent actually is to your benefit as a buyer — contract or no contract.

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What Must Be Disclosed When Selling a House in Georgia?

HomeLight

If you’re about to sell or buy a house in Georgia, you may be wondering what sort of information the seller is required to disclose about the property. Each state has its own set of disclosure laws, and Georgia’s are a little less defined than most. What is a seller’s disclosure? Find Agent.

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What Does As-Is Mean When House Hunting? And When Should Buyers Consider an As-Is Home?

HomeLight

Your agent will help you figure out what protections you need for the specific as-is situation of your purchase. Rick Hoskins, founder of Filter King , who works with many as-is homes, recommends that potential buyers “Pay attention to the seller. Get an inspection before you make an offer. Add an inspection contingency.

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Flood and Disaster Disclosures: Law, Precedent and Grades for All 50 States

RIS Media

Arizona state statute requires licensed real estate agents to notify buyers through a written affidavit whether or not the property is on a FEMA-designated floodplain. Licensed real estate agents must also disclose any water that is a “feature” of the property, and whether it fluctuates “substantially in size or volume.”

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Ask Brian: Home Buyer Beware

Realty Biz

Now, the new owner is suing the real estate agent and seller for fraud by questioning if the garage was legally converted into a living space because it is not up to code. That implies the seller, agent, and buyer don’t agree on the facts. You don’t want to skimp on the inspection. Answer: Hello Sally.