Remove Agents Remove Due diligence Remove Sales Remove Seller disclosure
article thumbnail

7 Key Things About Seller Disclosures Every Homebuyer Should Know

HomeLight

You go to investigate the root cause of the water intrusion and discover something worse than wet carpet: evidence that the seller likely knew about the issue and told you nothing (nada! This is the exact type of unfair scenario that seller disclosures are supposed to protect you from as a homebuyer. Full disclosure.

article thumbnail

What is a Seller’s Disclosure? Here’s Why It’s Important

Redfin

Typically, a seller’s disclosure is provided a few days after mutual acceptance during the closing stages of the transaction. However, some sellers may choose to disclose as early as home tours. Usually, your state will have a standard form the seller fills out, while some states allow sellers to disclose more casually.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Buy a Home Without a Real Estate Agent

Redfin

What to know when buying a house without a real estate agent. Let’s start by looking at some frequently asked questions about buying without an agent. . If you work without an agent, can you only buy homes that are for-sale-by-owner (FSBO)? Many listing agents have contracts with their clients with variable commissions.

Agents 72
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

Ask Brian: Home Buyer Beware

Realty Biz

The sales listing had described the garage as converted into a one-bedroom, one-bath, with a large family room and private entry. 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.

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. But there are protections in place that are designed to prevent the sale of a “lemon” house equivalent. Seller disclosures. Ask your agent about your options in this case.

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.