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What is Due Diligence in Real Estate?

Redfin

During the due diligence period, the buyer is allowed a set amount of time, typically outlined in the purchase agreement, to fully investigate the property before finalizing the sale. If the appraisal is lower than the purchase price, it can lead to renegotiation or an appraisal gap issue.

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40 Real Estate Forms You Need to Sell Your House

Redfin

Of course, you may need specific paperwork depending on your situation or local laws in your area, so be sure to consult with your real estate agent or attorney during the home selling process. Particularly youll need the original purchase agreement and deed. Deed Youll need the deed to your house.

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Buying a House with Unpermitted Additions: What You Need to Know

Redfin

But then your agent drops the news: those additions weren’t permitted. Unpermitted additions can also trigger seller disclosure concerns. Ask the seller and agent directly There’s nothing wrong with asking upfront. A good listing agent should know whether any additions were made and whether permits were pulled.

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Selling a House ‘As Is’ in Rhode Island

HomeLight

The most common request I get for as-is sales, are situations where a house is in significant disrepair. A seller [that] just doesn’t want to make repairs and wants to sell the house as-is, says Connor Dowd , a top-performing Rhode Island agent with 26 years of experience. Its much more common than you might think!

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How to Sell a House Fast in a Slow Market: 20 Tips That Work

HomeLight

The sale of a home is often attached to big life changes stamped with a deadline. Even in an active housing market, timing your sale can be challenging. In this post, we share 20 tips used by top real estate agents to show you how to sell a house fast in a slow market. Find Agent 1. Looking to Sell Fast?

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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. Purchase agreement.

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How to Sell a House by Owner in Arizona (2022 Updates)

HomeLight

price increase , pushing median sale prices to upward of $350,000. With such impressive sales figures, some sellers may be curious about how to sell a house by owner in Arizona — a decision that could help them save on agent commissions. Median sales price: $449,900 (Feb. Disclosures: . 2022 , a 28.5%