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How Does a Title Search Work

Realty Biz

Many public records can be checked to determine ownership, these include: Property deeds Mortgage documents Property tax records Legal documents Bankruptcy court records County land records Probate information. An inspection. Inspecting the lot could reveal encroachments or signs of easements that may not be recorded in the documents.

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

Redfin

Buyers will need to decide if they’re comfortable with any significant issues disclosed and get a professional inspection to assess what it takes to handle the problem. As a buyer, it’s important to carefully review the seller’s disclosure packets with a real estate agent and during the home inspection. .

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How to Avoid a Delayed Closing: 7 Common Roadblocks to Be Aware of

Redfin

From appraisal issues to home inspection roadblocks, there’s a lot that can go awry before finally closing on your property. For example, a termite inspection could show that there is damage that’ll require major repairs or the appraisal value of the home comes in lower than the price you offered on the home.

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Should I Get an Online Quote to Sell My House?

HomeLight

If your family or property has become locally famous or infamous or even if you’re going through a bankruptcy or divorce , selling to an online quote company assures only real estate professionals enter the property and keeps curious onlookers out. Step 6: Be prepared for a possible onsite assessment or inspection.

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Working Distressed Properties: How to Navigate and Win in This Evolving Market

HomeLight

It could be an IRS lien, an HOA lien, taxes, probate, divorce, bankruptcy, pre-foreclosure. So you have to do your due diligence and make sure that you are inspecting the property, that you really know what the history looks like. However, it’s an as-is contract with right to inspect usually, unless you waive that.

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How Long Does It Take to Close On a House With Cash in 2022? Here’s Your Timeline

HomeLight

Everyone involved will need time to perform their due diligence. Inspections: One week to book; 2 to 4 hours to complete. Cash buyers can waive an inspection in their purchase agreement, but it’s a very good idea to still have the property inspected “for informational purposes only.” Bankruptcy.

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

HomeLight

Investors offer alternatives to foreclosure and bankruptcy About 60% of sellers who contact Ramcharitar are behind on their mortgage payments. While some homeowners opt for foreclosure in a distressed situation, others decide to declare bankruptcy. The buyer does due diligence during the option period in Texas.

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