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7 Key Things About Seller Disclosures Every Homebuyer Should Know

HomeLight

You go to investigate the root cause of the water intrusion and discover something worse than wet carpet: evidence that the seller likely knew about the issue and told you nothing (nada! This is the exact type of unfair scenario that seller disclosures are supposed to protect you from as a homebuyer. Full disclosure.

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8 Essential Steps to Navigating Escrow in Home Buying

Realty Biz

The National Association of Realtors (NAR) conducted a survey in October 2022, revealing that approximately 7% of deals in the preceding three months got terminated before reaching the closing stage. It is vital for both buyers and sellers to meticulously review these documents to ensure accuracy and avoid any misunderstandings or disputes.

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Does a Home Seller Have to Disclose Repaired Defects?

Hank Miller Team

The seller disclosure forms do not ask and there is no requirement in Georgia for a seller to note repairs made provided the item is functioning as designed. However, full disclosure is often the best idea. Timmy the home seller had a wet basement five years ago and had Billy Basement Repair correct the issue.

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6 Flat Fee MLS Companies in Wisconsin to Sell Your FSBO Home

HomeLight

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. Which Wisconsin sellers might benefit from a flat fee MLS service?

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What Must Be Disclosed When Selling a House in Georgia?

HomeLight

it’s common for sellers to have to disclose certain details about their property to potential buyers before the transaction can take place. These legally-binding requirements are designed to enforce transparency in the dealings so as to avoid physical or financial harm to the parties involved. When transferring real estate in the U.S.,

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

HomeLight

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. Source: (LinkedIn Sales Solutions / Unsplash). Look closely at your inspection.

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

HomeLight

There are a few different types of as-is designations, and what as-is really means varies by designation. Sometimes it’s just certain components, which will generally be flagged as the as-is part of the sale. Mitigate the potential for any nasty surprises later by keeping tabs on the title review before closing.

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