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What is Due Diligence in Real Estate?

Redfin

Due diligence money is paid to the seller, usually non-refundable, and compensates them for taking the home off the market during inspections. Due diligence money is paid to the seller, usually non-refundable, and compensates them for taking the home off the market during inspections. What happens in the due diligence period?

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Is the Seller Responsible for Any Repairs After Closing?

Redfin

Wondering if a seller is responsible for issues found after closing a sale? The short answer is – no, the seller is not responsible for repairs after closing unless otherwise stated in the purchase agreement or if they failed to disclose a known issue. Can a buyer sue a seller after closing?

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40 Real Estate Forms You Need to Sell Your House

Redfin

15 documents to have before listing your home Collect paperwork that highlights your homes selling points for an accurate pricing strategy, additional documentation to pass on to the new owners and other real estate forms required for the sale. Particularly youll need the original purchase agreement and deed.

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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. Looking to sell a house as is in Rhode Island?

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

Redfin

Unpermitted additions can also trigger seller disclosure concerns. You’ve found a house that checks almost all your boxes with a great location, perfect size, and maybe even a little extra space thanks to a bonus room or finished basement. But then your agent drops the news: those additions weren’t permitted.

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Selling a House ‘As Is’ in Washington State

HomeLight

Some people have a lot more time and energy to engage and make the best of the sale, and some people don’t,” says George Graham , a top real estate agent in the Seattle, Washington, area. An as-is home sale often indicates that the home has some “big-ticket items” that won’t pass the required inspection or appraisal, he adds.

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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. Look for an agent with a solid record of quick home sales and a plan to position your home competitively. Looking to Sell Fast?