HomeLight

DECEMBER 30, 2021

Some states require sellers to fill out a seller disclosure statement documenting known repair needs or health and safety hazards in the home. This can include anything from knowledge of lead-based paint or asbestos, to the seller’s awareness of water damage in the basement, a leaky roof, or damaged plumbing.

Purchase and sale agreement 88

Purchase and sale agreement Title Closing costs Seller disclosure 88

HomeLight

MARCH 13, 2023

When you work with a reputable cash home buyer in Orlando, you’ll likely experience a smooth journey from offer to close. Home-buying companies generally pick up closing costs including title search and title insurance that usually range from 1.5% The seller and buyer agree on a price and terms.

Sales 84

Sales Investor Due diligence Renovation 84

HomeLight

JULY 29, 2022

In the case of mortgage wire fraud, scammers impersonate the title company and send fraudulent wiring instructions via email for buyers to wire their down payment and closing costs to. If that happens, your funds could go MIA just as you need them to close. Problem: You didn’t budget for closing costs and are caught flat-footed.

Closing 104

Closing Purchase and sale agreement Title Home sale contingency 104

HomeLight

APRIL 29, 2022

Disclosures. Seller Disclosure Statement. The agent had dealt with such situations before and also estimated evicting the tenants would cost the buyer about $5,000 through the local courts. The seller “was skipping all the way to the bank,” Graham says. The sellers frequently don’t have the money to spare.

As-is 73

As-is Purchase and sale agreement Investor Inspection 73