Redfin

AUGUST 5, 2025

A real estate agent or real estate attorney can help oversee the real estate transaction. For example, you may have to make a larger down payment or pay extra due diligence. Perform a title search Don’t skip out on completing a title search , even if your parents are the only ones who’ve owned the home.

Purchase and sale agreement

Rochester Real Estate

NOVEMBER 5, 2015

(585) 704-7095 Contact Now Search Homes Home Fair Housing S.O.P. This knowledge can be valuable for homeowners, real estate agents, and prospective buyers. They often provide searchable databases to streamline your search process. Through research, you may even uncover stigmatizations with the property.

Due diligence

HomeLight

FEBRUARY 20, 2025

Youve just found your dream home and are finalizing your offer when your real estate agent calls with concerning news. Not all purchases are the same, and waiving an appraisal contingency without doing your due diligence first may cost you more money down the line. There are two other offers going in on the property.

Inspection contingency

Rochester Real Estate

NOVEMBER 5, 2015

(585) 704-7095 Contact Now Search Homes Home Fair Housing S.O.P. Conducting a thorough title search and researching the home’s history is essential. Obtaining title insurance to protect your interests is advisable.

Title

Housing Wire

JUNE 21, 2022

The capital markets depend on the due diligence, transparency, and protection our industry provides to do its job. In fact, our industry is so important that throughout the COVID-19 pandemic, title insurance professionals were deemed essential by the federal government. Why is a title search necessary for refinancing?

Title

AAOA

MARCH 20, 2025

Due diligence is a critical step in purchasing real estate. This includes performing physical due diligence on the building, financial due diligence by reviewing financial records and all the paperwork, and legal due diligence to ensure everything is in order from a legal perspective.

Due diligence

Realty Biz

FEBRUARY 19, 2024

However, the process involves intricate steps, from understanding zoning laws to securing financing and conducting due diligence. Being a real estate agent for the last thirty-eight years, I have had numerous experiences selling land. Careful due diligence is necessary to ensure you don't make any significant mistakes.

Land

HomeLight

JUNE 23, 2022

It’s really good faith money,” says Kelly Allen , a top agent and seller representative specialist in Marietta, Georgia. Real Estate Agent. Real Estate Agent at Keller Williams Realty Atl North. Issues that arise during due diligence. Title search reveals a lien or ownership issue. Kelly Allen.

Earnest money deposit

Realty Biz

OCTOBER 12, 2021

Real Estate agents refer to this as the due diligence period in real estate. In some states, real estate agents are not required to disclose such things. Where Does The Property History Search Start? Title Search. A title search is often a standard step in the home purchase process.

Due diligence

HomeLight

OCTOBER 30, 2020

All-cash offers are beloved by sellers and real estate agents alike — and they’re more than three times as likely to be chosen from the pack. We talked to two top real estate agents to walk us through what can hold up even an all-cash deal. The title isn’t clear. But is the cash closing process always seamless? Not always!

Closing

HomeLight

DECEMBER 23, 2021

Essentially, title and deed are both related to the important question of who truly owns a particular piece of real estate and has the rights to it. Let’s take a deeper look at what a house title is; the different types of deeds used in real estate; and related terms including chain of title, title search, title insurance, and title abstract.

Title

Realty Biz

JUNE 15, 2022

Performing due diligence is vital when purchasing a home. Real Estate agents are asked important questions all the time as it pertains to land. Do some due diligence to ensure something can’t be developed that could be detrimental. Is The Title Clear? Things to Find Out Before Purchasing Land.

Land

Realty Biz

FEBRUARY 1, 2024

Understanding the role of a buyer's agent is essential in facilitating smooth and successful property transactions. Whether it's a first-time homebuyer or an experienced investor, a buyer's agent plays a crucial role in guiding clients through the complexities of the real estate market. Let's dig in!

Agents

HomeLight

MAY 24, 2022

Byron Ford , an agent in New Bedford , Massachusetts, works with 76% more single-family homes than other agents in his area. He speculates that this is likely due to “the competition we’re facing now. Everyone involved will need time to perform their due diligence. Real Estate Agent. Michael Simpkins.

Purchase and sale agreement

HomeLight

JANUARY 5, 2022

Real Estate Agent. Real Estate Agent at The Kaminsky Real Estate Group. Do: Consider hiring a real estate agent. Hiring a real estate agent is not compulsory when you sell a house to a friend. It’s always tougher to negotiate with a friend,” says Edward Kaminsky , a top real estate agent in Los Angeles County. “If

Pre-approval

HomeLight

APRIL 30, 2021

1 buyer is obviously the cash buyer” explains top Long Beach , California agent Ramon Sanchez , who works with 77% more single-family homes than the average area agent. “So Because of the due diligence involved with issuing mortgages, it takes a lot longer to close on a home with one. Step 2: Deposit your earnest money.

Due diligence

Point2Homes

DECEMBER 7, 2020

The real estate agent you choose to work with is even more important when buying a foreclosure. Specifically, a real estate agent who is experienced in helping buy foreclosures and who has a good knowledge of the local area will know when a home is a bargain. In this case, having an attorney run a title search will be critical.

Debt-to-income ratio

HomeLight

AUGUST 24, 2022

Work with a reputable local real estate agent. There are plenty of reasons to have a real estate agent in your corner — visibility in the MLS , help with stagings and showings, assistance with negotiations and contracts, to name just a few — and now you can add sourcing a cash buyer to the list. Do your due diligence.

Purchase and sale agreement

Realty Biz

JUNE 20, 2023

However, it requires a sound strategy and due diligence to find the best deals. Real estate agents specializing in foreclosures can also provide you with listings and valuable insights. Buying an REO property often involves less risk than an auction, as you can inspect the property and clear any title issues.

Due diligence

HomeLight

MARCH 22, 2022

It’s an attractive location if you have a family and want a lot of space,” says expert real estate agent Madison Griffith with Ginger & Co. I have some clients currently searching in the $200,000 range, and that seems to be a pretty modest budget, depending on location. Ever heard of the due diligence fee in North Carolina?

Due diligence

Realty Biz

SEPTEMBER 14, 2023

Attorneys ensure that the loan documentation is executed correctly, review the terms and conditions of the mortgage, and confirm that the property's title is clear and suitable for collateral. Lawyers do this by performing a title search. Some attorneys charge a flat fee, while others bill hourly rates.

Purchase and sale agreement

HomeLight

SEPTEMBER 13, 2022

With some guidance from a top real estate agent and a veteran real estate attorney, we’ll cover seven important steps to consider when selling a house to a family member, as well as some questions you might have about the process. Consider hiring a real estate agent anyway. They’ll also know what pitfalls to avoid.

Purchase and sale agreement

Realty Biz

NOVEMBER 11, 2020

How your real estate agent markets your property when an offer has been accepted can have vital implications. For example, some agents will mark your home contingent, while others will mark pending. Will the buyer have an exceptional real estate agent? For a real estate agent, terms like contingent come as second nature.

Backup offer

HomeLight

JUNE 18, 2021

Processing the title for your home also brings with it certain fees. Title search. A title company will search for any liens or claims on the property. Their search ensures that the seller truly has the right to sell the home to you, and that when you purchase the home, the title will be yours, “free and clear.”

Closing costs

HomeLight

FEBRUARY 14, 2022

This includes perspective from Margaret Labus , a real estate agent in the Lake Geneva , Wisconsin, area, who has 18 years of industry experience. Real Estate Agent. Real Estate Agent at @properties. It’s worth repeating: Do your due diligence ! But, it does open some possibilities with the right seller.

Purchase and sale agreement

HomeLight

AUGUST 31, 2021

Clear title: The cash buyer will require a title search to make sure that you can convey the property free and clear of any clouds or judgments against the property, such as mechanic’s liens, unpaid taxes, or boundary encroachments. Check their BBB rating. Request Cash Offer. Ask for proof of funds and EMD.

Proof of funds

HomeLight

JULY 26, 2022

But this sign looks different from the real estate agent signs you usually see and it lists the homeowner’s contact information. A “for sale by owner,” or FSBO (pronounced “fizz-bo”) home, is a home that is being sold by its owner who hasn’t hired a listing agent. You’ve found yourself a FSBO home. What is a FSBO home?

Earnest money deposit

HomeLight

AUGUST 16, 2021

Perrin Cornell , a top agent in Wenatchee , Washington, who works with 82% more single-family homes than the average agent in his area. Reynolds adds that “using a real estate agent who’s familiar with foreclosures in your local area may be valuable and more time-efficient” than simply searching online.

Title

HomeLight

MAY 26, 2021

To find out, we talked to experts like Barrett Spray , a real estate agent based in central Florida who has 27 years of experience helping clients navigate the homebuying process, chatted with two appraisers about the ins and outs of home appraisals, and tapped into HomeLight’s extensive homebuying resource database.

Inspection

The Close

FEBRUARY 19, 2025

Therefore, knowing market conditions and regulations surrounding short sales is essential for real estate investors and agents. Obtaining a clear title is also critical, so investors must conduct comprehensive research and due diligence. Inspect the property’s condition, title, and existing liens or encumbrances.

Short sale

HomeLight

OCTOBER 5, 2020

To help you calculate how much a foreclosed home might sell for at auction, we talked to expert real estate agents with years of experience in the field of foreclosures. Before you bid, it’s a good idea to run a title search , which will give you an indication of any liens on the home. Source: (bongkarn thanyakij / Pexels).

Due diligence

The Close

JANUARY 21, 2025

Networking opportunities: Wholesalers often build a network of real estate professionals, including investors, agents, and contractors, to help them grow their businesses. A title company conducts title searches to ensure that there are no liens on the property and that the owner is entitled to sell.

Investor

HomeLight

MARCH 13, 2023

We’ve gathered insights from top real estate agents and investors to create this guide navigating Orlando’s cash home buyer market so you can sell your property in as fast a timeframe as you require. Barrett Spray Real Estate Agent Close Barrett Spray Real Estate Agent at Keller Williams 5.0

Sales

Marco Santarelli

AUGUST 16, 2024

Assemble Your Real Estate Dream Team Real Estate Agent (Buyer's Agent): A skilled agent specializing in investment properties can be your secret weapon. Working with an experienced real estate agent specializing in distressed properties is crucial. However, proper research and due diligence can mitigate these risks.

Due diligence

HomeLight

MAY 27, 2021

We include advice from an agent who has worked with hundreds of new buyers, descriptions of different loans, and information about the many kinds of paperwork you’ll deal with. Before you start house-hunting, find a real estate agent to guide you through the process. Step 9: Do your due diligence. Title search.

Loans

HomeLight

JULY 31, 2021

With the help of a local real estate agent and some seasoned San Antonio real estate investors, we created this guide to give you a head-start to finding a San Antonio cash buyer for your home. I’d say probably one out of every 10 buyers is paying with cash, in my experience as a listing agent. The cash-buying landscape in San Antonio.

Investor

Redfin

MARCH 3, 2022

Fortunately, you have a few options and your real estate agent will advise you on the best plan to resolve the situation and avoid a delayed closing. Clouds on the title. Before you can close the deal, you’ll need to make sure that the title is clear. You can ask the seller to lower the price. ” 5.

Closing