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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 Does As-Is Mean When House Hunting? And When Should Buyers Consider an As-Is Home?

HomeLight

The seller likely isn’t going to make any repairs or offer credits for any issues you find, so you need to be comfortable with the work involved in this particular home. These components are often due for an upgrade or repair, but the seller would rather pass the responsibility on to the buyer rather than deal with it themselves.

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8 Essential Steps to Navigating Escrow in Home Buying

Realty Biz

Navigating the escrow process is a critical aspect of home buying, ensuring a secure and smooth transaction for both buyers and sellers. The National Association of Realtors (NAR) conducted a survey in October 2022, revealing that approximately 7% of deals in the preceding three months got terminated before reaching the closing stage.

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Ask Brian: Can I Buy a House Without a Real Estate Agent?

Realty Biz

Have you looked at how a purchase offer is drawn up before it is presented to the seller? It’s the seller that pays the full fee which includes the buyer portion of the agent fee. However, the buyer’s agent is not working for the seller. Ask Brian is a weekly column by Real Estate Expert Brian Kline. Answer: Hello Stuart.

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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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8 Powerful Questions From First-Time Home Sellers That Lead to Success!

Realty Biz

From three decades of experience as a Realtor, many home sellers make aweful choices when it comes to their real estate agent. From three decades of experience as a Realtor, many home sellers make aweful choices when it comes to their real estate agent. Selling a home for the first time is a significant learning experience.

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Home, Sour Home: How Homebuyers Can Avoid a ‘Lemon’

HomeLight

Seller disclosures. In many states, seller disclosure forms are required to complete a real estate transaction. Each state has different requirements , but basically the seller is required to tell the buyer of any known problems with the house. Inspections. Is there a lemon law for houses?