Remove Agents Remove Renovation Remove Title search
article thumbnail

What is Due Diligence in Real Estate?

Redfin

Title search and insurance A thorough title search is essential to uncover any potential issues with the property’s ownership. Property history: Information about past repairs, renovations, or insurance claims related to the property. >> Read: What is a Home Appraisal? How the Process Works 3.

article thumbnail

Making a Cash Offer on a House? Here’s What You Need To Know

Redfin

Buyers can make cash offers through a real estate agent or directly to the seller. Run a title search and enter into escrow: A title search ensures the seller has legal ownership and the property is free of liens. These buyers often seek undervalued properties they can renovate and resell quickly for a profit.

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 House in New York

Rochester Real Estate

(585) 704-7095 Contact Now Search Homes Home Fair Housing S.O.P. This involves making a careful budget that includes potential costs like the down payment, closing costs, taxes, and possible renovation expenses. Potential renovation expenses should be factored in in addition to these initial costs.

article thumbnail

Why Find The History of a House

Rochester Real Estate

(585) 704-7095 Contact Now Search Homes Home Fair Housing S.O.P. Uncovering Potential Issues of Advantages or Disadvantages A property’s history may reveal important information about its condition, previous renovations, or any legal or structural problems that could impact its value.

article thumbnail

The best hard money lenders in 2025 + hard money loans explained

Housing Wire

Constitution Lending rates and terms Interest rate 9.5 - 12% Loan-to-value Up to 75% for purchase loans, up to 90% for renovation financing Upfront fees 2-4% of loan amount Credit requirement 600 Minimum Credit Score Investing experience None required, but a strong business plan can help odds of approval.

article thumbnail

9 Illusions Created by Home Buying Shows Which Simply Aren’t True

Lighter Side of Real Estate

Renovations are fast, easy, and cheap. In reality, renovations can be time-consuming, complicated, and—with some exceptions—fairly expensive. The real estate agent doesn’t have to do much. Agents on home buying shows look like they do little except show houses and call with good news. Sail Waves GIF from Sail GIFs.

article thumbnail

Selling to Florida Cash Home Buyers: Tips from Experts

HomeLight

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. Focus on out-of-state buyers.