article thumbnail

How to Spot Serious Foundation Trouble

Hank Miller Team

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. Oddly, there was a steady stream of buyers and agents through while we were there, none recognized or mentioned these issues.

article thumbnail

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

HomeLight

Here to help is top Chicago -based real estate agent Debra Dobbs , whose 37 years in the industry have made her a true documentation expert. Real estate agent contract. Your agreement with a buyer’s agent may be one of the first legal documents you’ll encounter when buying a home. Grab a pen and let’s review! Purchase agreement.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Ask your agent about your options in this case.

article thumbnail

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.

article thumbnail

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. Talk to your agent about seller disclosures in your state.

As-is 120
article thumbnail

Disastrous Disclosures

The Residential Specialist

Agents need to know and plan for what’s required of them with regard to natural disaster disclosures. It seems like there’s just constant construction here because of disaster relief.”. As an agent, though, I will still disclose it—typically in the broker’s notes—because that’s usually the first question we get.”.

article thumbnail

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. Obviously, I don’t want to get into this kind of nightmare. Answer: Hello Sally.