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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

There are a few different types of as-is designations, and what as-is really means varies by designation. There are a few different types of as-is designations, and what as-is really means varies by designation. Sometimes it’s just certain components, which will generally be flagged as the as-is part of the sale.

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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. Step 1: Initiating the Transaction Learning about escrow and initiating the process is an important step that occurs once the buyer and seller have agreed upon the terms of the home purchase.

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Does a Home Seller Have to Disclose Repaired Defects?

Hank Miller Team

Georgia is a buyer beware state, so does a seller have to disclose repaired defects? Home sellers in Georgia must disclose known latent or hidden defects, things that might not be discovered during a reasonable inspection of the home. However, full disclosure is often the best idea.

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6 Flat Fee MLS Companies in Wisconsin to Sell Your FSBO Home

HomeLight

With the market shifting and home sales slowing down, you’ll want to expose your listing to as many eyes as possible – and keep the most money in your pocket as possible. In that case, a flat fee MLS company may be worth considering for your Wisconsin home sale. Disclaimer: This post is meant to be used for educational purposes.

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

HomeLight

But there are protections in place that are designed to prevent the sale of a “lemon” house equivalent. Seller disclosures. In many states, seller disclosure forms are required to complete a real estate transaction. Though note that the specific information sellers are required to disclose can vary by state.

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Flood and Disaster Disclosures: Law, Precedent and Grades for All 50 States

RIS Media

As more and more climate change-fueled extreme weather events—from historic hurricanes to unexpected summer downpours—affect homes, one issue anyone selling or buying a home needs to be aware of is disclosure. ” It also requires that sellers disclose water or leakage in the basement along with frozen pipes or drains.

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