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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.

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

Redfin

One of these critical documents is called a seller’s disclosure. . A seller’s disclosure, also known as a property disclosure, is a document that sellers are legally required to provide buyers. Why is a seller’s disclosure important? For sellers. For buyers.

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

HomeLight

Seller’s disclosure. Some states require sellers to fill out a seller disclosure statement documenting known repair needs or health and safety hazards in the home. In states where seller disclosures are not required, it’s a bit of a “buyer beware” situation. Source: (Gabriel Rosenblut / Unsplash).

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Selling a House ‘As Is’ in Washington State

HomeLight

However, in today’s real estate market, Washington sellers may be pleasantly surprised by current prices. Disclosures. Seller Disclosure Statement. When selling a house “as is,” the seller is choosing not to entertain requests from buyers to complete repairs or provide a credit for fixes. Request Cash Offer.

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Find Cash Home Buyers in Orlando for a Fast, Simple Sale

HomeLight

Available to sellers in Orlando. The benefit of cash offers for sellers is that these deals tend to close faster and have fewer risks , ” she explains. Looking for cash home buyers in Orlando? Need to Sell Your House Fast in Orlando? Receive your offer within a week and close in as little as 10 days. million people by 2030.

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25 Nightmare Scenarios That Can Disrupt Closing (And How to Avoid Them)

HomeLight

When you’re buying a house, the list of what can go wrong at closing includes everything from issues with the mortgage loan and buyer’s credit, insurance snags, appraisal problems, title claims, and events beyond everyone’s control (such as natural disasters, or buyer or seller illness or death). Problem: Wire fraud (money goes missing).

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