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What Legal Documents Will You Need for Buying a House? Here’s Your List

HomeLight

Gaining an early understanding of the legal documents for buying a house will help you avoid confusion and keep stress levels to a minimum while you’re in the midst of negotiations , inspections , and closing. In states where seller disclosures are not required, it’s a bit of a “buyer beware” situation. Contingencies.

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

HomeLight

Seller disclosures. In many states, seller disclosure forms are required to complete a real estate transaction. Each state has different requirements , but basically the seller is required to tell the buyer of any known problems with the house. Inspections. This isn’t recommended. Home warranties.

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What Must Be Disclosed When Selling a House in Georgia?

HomeLight

HomeLight’s free Agent Match platform can connect you with a top-performing agent in your market who can help you navigate your entire home-selling journey — from disclosures to closing. Is a seller’s disclosure form required in Georgia? Georgia sellers are not required to fill out a formal disclosure statement.

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What Does As-Is Mean When House Hunting? And When Should Buyers Consider an As-Is Home?

HomeLight

And if your house is close to a flood zone, but not technically in a flood zone, it’s wise to talk to your insurance agents about purchasing supplemental flood insurance … just in case! Mitigate the potential for any nasty surprises later by keeping tabs on the title review before closing. Get an inspection before you make an offer.

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Ask Brian: Home Buyer Beware

Realty Biz

As a general rule, the obligation is on the buyer to do their due diligence before closing on the purchase of a property. The first thing you want to do is fully understand the seller disclosure laws that apply to any house that you are looking at. You don’t want to skimp on the inspection.

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

RIS Media

Boesen ruled that a real estate agent and his brokerage could not be held responsible for selling a new house with a defective, regularly leaking foundation because the buyers could not prove he “knew or should have known any information about the construction of the home.” ” ARKANSAS — GRADE: F. ” In Jehly v.

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Studying for Your Inspection: What Are Home Inspectors Not Allowed to Do?

HomeLight

If you are about to get a home inspection, you’re on the home stretch of buying your new home. When it comes to your home inspection, you probably have a lot of questions. After consulting with experts, we compiled a list of things to expect from your inspection, including what home inspectors are and aren’t allowed to do.