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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. Working out a compromise with the seller may be in your best interest.

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How to Sell a House by Owner in California (2023 Updates)

HomeLight

We’ll also provide a comprehensive overview on the full process to prep, market, and close on your home without the assistance of a real estate agent. In an agent-assisted sale, the seller typically pays a commission amounting to around 6% of the sale price, which is then split 50/50 with the buyer’s agent.

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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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How to Sell a House by Owner in Arizona (2022 Updates)

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We’ll also provide a comprehensive overview on the full process to prep, market, and close on your home without the assistance of a real estate agent. Disclosures: . Arizona law requires sellers to disclose material facts about the property through the Residential Seller Disclosure. Request Offer.

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25 Nightmare Scenarios That Can Disrupt Closing (And How to Avoid Them)

HomeLight

Closing on a house is a thrilling time for buyers : Once you’ve found the one and have an accepted offer, you’re ready to grab the keys and make it your own. But closing time can also be plenty to rack your nerves. What can go wrong on the buyer’s side at closing. Problem: There’s an issue with the Closing Disclosure.

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Here’s How You Can Make an Offer On a House Without a Realtor® in 9 Steps

HomeLight

In some states, an attorney will oversee the closing of the sale instead of a title company; if you’re going it alone, regardless, it’s a good idea to think about hiring one. Step 3: Include contingencies. However, there are other contingencies that can’t be negotiated, such as those related to title and zoning.

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What’s Required to Sell a House Without a Realtor?

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This establishes your ownership, along with details such as purchase price and previous seller disclosures. Many FSBO sellers will purchase a pre-listing appraisal. The buyer needs this in order to calculate the cost of taxes at closing. Prepare for closing. 7 mistakes FSBO sellers make and how to avoid them.