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Do the Due: A Complete Due Diligence Guide and Checklist for Homebuyers

HomeLight

As a buyer, that means you have to do your due diligence from both a practical and contractual perspective. What does due diligence mean in residential real estate? That’s why we’ve put together this guide to due diligence for a homebuyer. Free Homebuying Due Diligence Checklist.

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What Buyers and Sellers Need to Know About Getting a Home Inspection in New York

Redfin

“While New York State (NYS) does not mandate home inspections when purchasing a house, given the current market situation and the limited supply of homes for sale, we believe it is even more important for home buyers to exercise due diligence and safeguard their most significant lifetime investment,” recommends J² Home Inspections.

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

HomeLight

Issues beneath the flooring or behind the drywall won’t be uncovered by a regular inspection, but inspectors will alert buyers of any questionable, tell-tale signs that may need to be further investigated by a specialist. A home warranty is not equivalent to an inspection, but it does offer a little more security if certain things go wrong.

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Yes, You Can Sell a House With Mold: What Homebuyers Need to Know

HomeLight

This may not have an adverse effect on someone who’s healthy, but people with compromised immune systems, infants, and elderly individuals may be at risk of developing an infection. Moisture can build up in confined spaces, especially if the space is in close proximity to a moisture-bearing source, such as dirt or soil. Crawl space.

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

HomeLight

Receive your offer within a week and close in as little as 10 days. The benefit of cash offers for sellers is that these deals tend to close faster and have fewer risks , ” she explains. As concrete foundations settle on sandy soil, houses may develop settlement cracks and other foundation issues.

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How to Buy a Home As-Is and Make Sure You’re Protected

HomeLight

However, it’s vital to do your due diligence before buying a home as-is to protect yourself or you might just end up wasting your investment on a money pit. For example, let’s say a tree crashes through a window or the roof sometime after you and the seller signed the contract but before the closing.

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The Key Paperwork You Need to Sell a House, With or Without a Realtor

HomeLight

Read on to learn more about the main documents* you’ll need for an airtight, legally sound home closing, as well as the bonus resources you’ll get if you do decide to work with an agent after all. To maximize gains and preempt any pain, round up these documents before you list for a seamless selling process and closing.