Realty Biz

JANUARY 10, 2024

From three decades of experience as a Realtor, many home sellers make aweful choices when it comes to their real estate agent. We explore everything you should know for a first-time house sale by answering frequently asked questions. Paying careful attention to these details leads to successful sales. Let's dig in.

Purchase and sale agreement 106

Purchase and sale agreement Seller disclosure Staging Title search 106

HomeLight

DECEMBER 29, 2020

Sedillo’s sellers didn’t want the future buyers to be alarmed if they noticed water collecting in the yard, so she encouraged her clients to write a letter explaining that a solution was already in place. But not to worry; the problem was already solved and explained in Sedillo’s listing information package. Source: (smolaw / ShutterStock).

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Sales Seller disclosure Agents Renovation 92

Redfin

MARCH 14, 2022

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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Purchase and sale agreement Due diligence Seller disclosure Inspection 68

Redfin

MAY 5, 2023

Due to the state’s thriving economy, low cost of living, and a growing population, Texas has become a magnet for buyers and investors, which has resulted in median sale prices climbing steadily in recent years. If you’re ready to embark on a journey toward homeownership, Redfin is here to help.

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Purchase and sale agreement Pre-approval Seller disclosure Earnest money deposit 65

RIS Media

OCTOBER 5, 2020

Selling Disclosures. One way this happens is through selling disclosures that must be presented to the buyer before the transaction closes. The age of HVAC systems is one component that appears on these seller disclosures, meaning that potential buyers will be fully aware of the age of your HVAC system. Energy-Efficiency.

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Seller disclosure As-is Closing Sales 98

Hank Miller Team

APRIL 12, 2023

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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Seller disclosure Inspection Land Design 40

Realty Biz

JULY 1, 2023

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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Purchase and sale agreement Earnest money deposit Title search Pre-approval 83

Kyle Handy

MAY 10, 2023

Previewing listings allow you to familiarize yourself and see what other sellers ask for homes within the neighborhood. I don’t tell sellers I’m dropping off the pre-listing package until it’s on their doorstep. Incorporate these strategies into your next listing to make a lasting impression and gain more business.

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Pre-approval Seller disclosure Agents As-is 98

Realty Biz

OCTOBER 28, 2022

However, as a seller, working with an overburdened part-time agent can lead to misery on multiple levels. Your home has been on the multiple listing service for much longer than you think it should be, it is costing you money, but you've not seen your agent do much more. They are late and ill-prepared for the open house.

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Agents Seller disclosure MLS Inspection 90

HomeLight

MAY 28, 2021

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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Inspection contingency Inspection Seller disclosure Due diligence 78

Realty Biz

JULY 11, 2022

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. As the buyer, you get the service mostly for free, although at least part of it is figured into the sale’s price. Answer: Hello Stuart.

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Agents Inspection Seller disclosure Closing costs 89

HomeLight

OCTOBER 25, 2022

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.

MLS 85

MLS Agents Sales Seller disclosure 85

HomeLight

JULY 31, 2021

Our guide provides an overview of the cash home buyers doing business in Phoenix, your responsibilities as the seller in the state of Arizona, and how to request a cash offer in the area from a Phoenix buyer. Timeline for a cash sale in Phoenix. Disclosures and taxes for Phoenix cash transactions.

Investor 84

Investor Seller disclosure Sales Closing 84

HomeLight

OCTOBER 17, 2022

If you need assistance navigating the legalities of what to include on the Georgia seller’s disclosure form, HomeLight always encourages you to reach out to your own advisor. If you’re about to sell or buy a house in Georgia, you may be wondering what sort of information the seller is required to disclose about the property.

Purchase and sale agreement 91

Purchase and sale agreement Due diligence Earnest money deposit Inspection 91

HomeLight

JANUARY 10, 2023

With such impressive sales figures, some sellers may be curious about how to sell a house by owner in California — a decision that could help them save on agent commissions. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Can FSBO sellers post a yard sign?

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Purchase and sale agreement Natural hazards disclosure Inspection Title 89

Realty Biz

AUGUST 24, 2020

The sales listing had described the garage as converted into a one-bedroom, one-bath, with a large family room and private entry. Now, the new owner is suing the real estate agent and seller for fraud by questioning if the garage was legally converted into a living space because it is not up to code. Answer: Hello Sally.

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Due diligence Seller disclosure Inspection As-is 57

Redfin

AUGUST 3, 2021

If you work without an agent, can you only buy homes that are for-sale-by-owner (FSBO)? If you buy without a real estate agent, will the seller’s agent keep the extra commission? Will sellers take you seriously if you don’t use an agent? Every seller is different. Can one opt to buy a house without a realtor?

Agents 72

Agents Pre-approval Inspection Due diligence 72

HomeLight

OCTOBER 17, 2022

If you need assistance navigating the legalities of what to disclose when selling a home in Texas or using a seller’s disclosure form in Texas, HomeLight always encourages you to reach out to your own advisor. What is a seller’s disclosure? Is a seller’s disclosure form required in Texas? Find Agent.

Seller disclosure 91

Seller disclosure Homeowner’s association Due diligence Agents 91

The Residential Specialist

FEBRUARY 26, 2021

Agents need to know and plan for what’s required of them with regard to natural disaster disclosures. Disclosure do’s and don’ts. It is necessary to fully disclose all information important to the sale and that may affect a buyer’s decision to purchase,” he says. “It By Matt Alderton. Defiant, even. But it is not naïve.

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Natural hazards disclosure Seller disclosure Construction As-is 93

HomeLight

DECEMBER 30, 2021

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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Purchase and sale agreement Title Closing costs Seller disclosure 83

HomeLight

MARCH 31, 2022

price increase , pushing median sale prices to upward of $350,000. With such impressive sales figures, some sellers may be curious about how to sell a house by owner in Arizona — a decision that could help them save on agent commissions. Median sales price: $449,900 (Feb. Disclosures: . 2022 , a 28.5% 2022 , a 28.5%

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Purchase and sale agreement Inspection MLS Inspection contingency 88

HomeLight

APRIL 29, 2022

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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As-is Purchase and sale agreement Investor Inspection 69

HomeLight

FEBRUARY 26, 2021

Harnessing expert guidance and data-backed recommendations, we’ve put together these 7 ways to fetch a higher return on the most important sale of a lifetime. If a house is listed at $250,000, and sells at $230,000, the sale-to-list ratio would be 92%. If a house sells over asking, the sale-to-list ratio will be over 100%.

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Inspection Staging Agents Seller disclosure 76

RIS Media

SEPTEMBER 20, 2021

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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Design Purchase and sale agreement Agents Seller disclosure 108

Redfin

AUGUST 25, 2021

Considering all that’s happening with climate change and the potential risk it brings to homeowners, you may be wondering if your house is in a flood zone. Whether you are a first-time homebuyer , looking to sell a vacation home, or simply a homeowner looking for some answers, you have the right and responsibility to find out.

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Seller disclosure Construction Design As-is 79

HomeLight

MARCH 13, 2023

Whatever your reason for needing a quick sale without making a substantial investment, the Orlando real estate market is teeming with cash buyers ready to make a deal no matter your home’s condition. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready.

Sales 79

Sales Investor Due diligence Renovation 79

HomeLight

OCTOBER 31, 2022

If you need assistance navigating the legalities of what to disclose when selling a home in Florida or using a seller’s disclosure form in Florida, HomeLight always encourages you to reach out to your own advisor. We spoke to Niakan to get a professional’s take on what the Florida disclosure form is — and what it isn’t.

Seller disclosure 83

Seller disclosure Agents Closing As-is 83

HomeLight

OCTOBER 12, 2022

If you need assistance navigating the legalities of what to include on a home seller disclosure form in Utah, HomeLight always encourages you to reach out to your own advisor. With median sales prices rising 24.2% What is a seller’s disclosure? Is a seller’s disclosure form required in Utah?

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Seller disclosure Purchase and sale agreement Homeowner’s association Inspection 93

HomeLight

JUNE 19, 2023

This guide will cover each option so you can make an informed decision for your quick home sale. Sell Your Florida House Fast With an All-Cash Offer Get an all-cash, no-obligation offer on your Florida home through HomeLight’s Simple Sale platform whenever you’re ready. No showings, no repairs, no open houses.

Inspection 71

Inspection Staging Short sale Agents 71

HomeLight

OCTOBER 20, 2022

For Sale By Owner (FSBO). Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. They protect [the seller] from a lawsuit.” Original sales contract. Seller’s Net Sheet.

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Purchase and sale agreement Pre-approval Inspection MLS 100

HomeLight

NOVEMBER 3, 2022

As North Carolina’s market balances itself, with the days of over-ask offers fading, some sellers may be tempted to sell their home without a real estate agent with the hope of reaping a bigger financial reward. The “listing” refers to “a home for sale” in industry terms. FSBO sellers tend to think outside the box, Pappalardo says.

MLS 82

MLS Purchase and sale agreement Agents Sales 82

HomeLight

JULY 29, 2022

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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Closing Purchase and sale agreement Title Home sale contingency 104

HomeLight

FEBRUARY 9, 2023

If you need assistance navigating the legalities of what to include on a home seller disclosure form in New York State, HomeLight always encourages you to reach out to your own advisor. What is a seller’s disclosure? The home seller is often legally required to share any issues or problems within their knowledge.

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Purchase and sale agreement Inspection Residential Agents 82

HomeLight

OCTOBER 17, 2022

If you need assistance navigating the legalities of what to include on a PA seller disclosure form, HomeLight always encourages you to reach out to your own advisor. So, you’re getting ready to sell your Pennsylvania home, and among the many documents you’ll be signing in the process is a disclosure statement. Find Agent.

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Purchase and sale agreement Seller disclosure Inspection Agents 88

HomeLight

NOVEMBER 29, 2021

According to the National Association of Realtors® (NAR) 2020 Profile of Home Buyers and Sellers, 8% of homeowners opted to sell for sale by owner , or FSBO. It takes more than a for sale sign staked to your front lawn to sell a home without an experienced agent. Source: (Kelly Sikkema / Unsplash).

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Purchase and sale agreement MLS Inspection Agents 82

HomeLight

OCTOBER 14, 2022

When the time comes to move, some tenacious homeowners in Pennsylvania are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in the last few years — choose to list “For Sale By Owner” or FSBO (pronounced fizz-bow).

Purchase and sale agreement 86

Purchase and sale agreement MLS Seller disclosure Agents 86

HomeLight

JANUARY 5, 2022

Are you obligated to remove the asbestos prior to selling? Heck, how do you even know if your house does have asbestos in it? That is where we can help. We’ll shed some light on all of the questions you may have about selling a house that may have this harmful substance. Source: (Dan Wayman / Unsplash). What is asbestos? Pleural plaques.

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Seller disclosure Inspection Agents As-is 83