Realtor.com

SEPTEMBER 18, 2020

When we finally did go under contract on this third home, we learned of another issue: Home inspectors in the area were booked for two weeks and up, but our contract stated that we had only seven days to get an inspection done. We got lucky, but it left me wondering: Is it ever OK to waive a home inspection?

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Inspection Earnest money deposit Inspection contingency New Construction 145

Louisville Homes

OCTOBER 13, 2022

As if marketing your home wasn’t complicated enough, when a buyer is ready to purchase your home, this doesn’t mean you can immediately go to closing. While the closing process may be quick and easy for some, it can linger for others. One reason why closing on a home may take some time is the home inspection.

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Inspection FHA loan Closing Loans 52

HomeLight

MARCH 31, 2021

The home inspections process is often one of the greatest obstacles to closing a swift sale. According to the National Association of Realtors (NAR), home inspection issues were responsible for 11% of delayed contracts and 9% of contract terminations in 2021. Pre-listing home inspections are just like standard inspections.

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Inspection Inspection contingency FHA loan Sales 92

Realty Biz

MARCH 21, 2022

Three weeks ago, my full price offer on a 22-year-old house was accepted with a contingency for a home inspection. I’m pleased that the deal is moving quickly, and I receive the inspection report a couple of days ago. However, the inspection identified 28 issues that might need attention. Delaying or accelerating the closing.

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Inspection Purchase and sale agreement Sales Closing 81

HomeLight

AUGUST 23, 2021

Now it’s time to start moving through the process of finalizing the sale, which includes getting an inspection of the property. While they aren’t necessarily required by your mortgage lender, a home inspection is an important part of your home purchase. But how long will this inspection take? What is a home inspection?

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Inspection Due diligence Agents As-is 104

HomeLight

OCTOBER 30, 2020

Selling a house “as is” without inspection is the definition of driving a hard bargain. As for whether you can sell a house as is without inspection — the answer is yes, it’s possible and does happen. As for whether you can sell a house as is without inspection — the answer is yes, it’s possible and does happen.

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Inspection As-is Inspection contingency Investor 104

Housing Wire

DECEMBER 8, 2020

Residential real estate marketplace Sundae has announced it closed $36 million in Series B funding on Tuesday, led by QED Investors and with additional participation from Founders Fund , Susa Ventures , Navitas Capital , Prudence Holdings and General Global Capital. million in Series A funding this June. “Our

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Investor Closing costs Inspection Closing 384

Redfin

OCTOBER 10, 2023

In this dynamic setting, the process of home inspection becomes a journey through layers of historical significance and modern innovation that define a property. So, let’s delve into the world of home inspections in the Empire State. Why should you get a home inspection in New York?

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Inspection Inspection contingency Due diligence Residential 61

The Residential Specialist

FEBRUARY 27, 2024

New home construction can be a profitable niche for real estate professionals who are willing to dedicate the time and effort By Myrna Traylor Most residential real estate professionals enter the real estate field with an eye on the largest market—resales of existing homes. The site agent will also help coordinate interim inspections. “I

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Construction Inspection New Construction Residential 97

HomeLight

MAY 8, 2024

Real estate attorneys are not considered essential for closing in the state of Louisiana Real estate transfer taxes? Before listing your home, you will need to fill out the Louisiana Residential Property Disclosure so that potential buyers are aware of what they are getting into. No Is a real estate attorney required?

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As-is Inspection Finance Residential 100

Housing Wire

MAY 2, 2021

Efficient data collection with aggregation and next-generation market analytics can drastically impact the closing process. QVM Insights combines virtual inspection technology with industry-leading automated valuation services for professionals in the real estate ecosystem.

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Technology Inspection Loans Residential 217

Redfin

APRIL 13, 2021

But what if you recently bought a home, are closing costs tax-deductible? Before answering that question, it’s a good idea to understand what closing costs are and what is typically included in them. What Are Closing Costs? Closing costs are the fees you pay when you obtain a mortgage loan. Flood Inspection.

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Closing costs Closing Title search Title 68

HomeLight

FEBRUARY 26, 2021

Waiting for the results of a residential appraisal can make you teeter between anxiety—“They said our house is worth what?”—and Yet as important as an appraisal is on the way to the closing table, many homeowners tend to misunderstand the overall process. “A and relief: “Yes, our price is right!” Great idea!

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Residential Pre-qualification Sales As-is 77

Housing Wire

FEBRUARY 7, 2022

As part of the settlement agreement, Fannie Mae will pay $53 million, $35 million of which will go toward access to credit, property rehabilitation, residential development in African American and Latino communities and fair housing education, counseling and outreach. As of 2020, Fannie Mae’s REO portfolio is 17,500.

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Equity Inspection Real-estate owned Residential 384

First Team Real Estate

JULY 28, 2020

HESPERIA, CA – Commercial broker and manager of the First Team Real Estate High Desert offices, Bruce Kallen recently closed escrow on two significant commercial transactions totaling over $8 million in closed sale volume. million, and a $1.45 million 7-11 anchored strip center in the Victor Valley.

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Commercial Closing Sales Residential 98

Realtor.com

DECEMBER 10, 2020

But even in a seller’s market, there are myriad opportunities to negotiate, from requesting home repairs to offering a speedy closing. In a competitive market, buyers might be tempted to forgo a home inspection to speed up the process and appeal to sellers. Time to close. Closing costs.

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Closing costs Inspection Closing Rent back 142

HomeLight

DECEMBER 30, 2023

Contingencies while ‘under contract’ Here are some common types of contingencies in residential home sales: Financing contingency: A financing or mortgage contingency safeguards buyers who need to finalize a home loan. If contingencies are not met, the deal might fall through. Sellers are often wary of this clause.

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Home sale contingency Purchase and sale agreement Inspection contingency Inspection 112

HomeLight

JANUARY 22, 2024

Skip repairs and close in as few as 10 days. Real estate attorneys are not considered essential for closing in the state of Virginia Real estate transfer taxes? A good time to fill out a Residential Property Disclosure Statement is prior to listing your home or requesting an offer so that you know it’s taken care of.

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As-is Inspection Equity Renovation 102

Housing Wire

FEBRUARY 18, 2022

Further, Fannie notes, “Leveraging the wealth of big data, the power of advanced analytics, and the speed of technology, appraisers can perform desktop appraisals without physically inspecting the property.” James Dawkins is a certified residential underwriter at Cardinal Financial. ” Amazing, right? What about AVMs?

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Commercial Renovation Technology Inspection 384

Realty Biz

MARCH 12, 2023

Preparing For an FHA Inspection Before your FHA loan can be approved, your buying home must be inspected and appraised. The inspection will check the roof is in a good enough condition, the water is drinkable, and many other things. Most people do not know there are FHA inspection requirements for appraisals.

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FHA loan Inspection Loans Agents 93

HomeLight

JANUARY 17, 2024

This action is more formally known as rescinding or voiding a residential home purchase agreement. This decision can occur at various stages – after an offer is made but before it’s accepted, after signing a purchase agreement, or even days before the closing.

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Purchase and sale agreement Debt-to-income ratio Title search Finance 106

Housing Wire

AUGUST 3, 2023

Powerful AI tools are already transforming residential real estate and forward-thinking agents are paying attention. The residential real estate brokerage industry relies on public trust in agents to guide them through the process of buying and selling homes. So how can real estate agents be so cavalier about their job?

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Realty Biz

DECEMBER 29, 2021

Purchasing or selling a residential or commercial property can be a more complicated undertaking than you might expect. Ordering Reports and Inspections. Waiting until after you have closed to deal that there may be an issue with your new property is never a situation you want to find yourself in.

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Inspection Commercial Residential Closing 93

HomeLight

DECEMBER 31, 2023

Fast facts about selling a house ‘as is’ in Arizona Median sales price in Arizona $430,990 Average days on market (DOM) for Arizona 56 Disclosures Arizona law requires sellers to disclose material facts about the property through the Residential Seller’s Property Disclosure Statement (SPDS) MLS has a field to mark a listing “as is”?

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As-is Inspection Finance Loans 95

HomeLight

JANUARY 3, 2023

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. Real estate attorneys are not considered essential for closing in Colorado. That 6% is deducted from the seller’s proceeds at closing. Real estate transfer taxes: 0.01%.

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Purchase and sale agreement Inspection MLS Inspection contingency 109

HomeLight

JULY 25, 2022

While they typically report to people on the other side of the transaction, the appraisal and inspection report generated by these professionals can impact your bottom line. In the December 2021 survey, 19% of buyers waived the inspection contract contingency, down from its height of 27% in July 2021.

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Inspection Pre-approval Loans Finance 105

HomeLight

MAY 26, 2021

Now it’s all about preparing for your closing. According to the National Association of Realtors®, only 22% of residential sales are cash sales, so it’s likely that you’re taking out a mortgage to finance your home purchase. One piece of information your lender will look at closely is the home appraisal. A home inspection : .

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Inspection Residential Due diligence Title search 102

HomeLight

MARCH 31, 2022

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. Arizona law requires sellers to disclose material facts about the property through the Residential Seller Disclosure. That 6% is deducted from the seller’s proceeds at closing.

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Purchase and sale agreement Inspection MLS Inspection contingency 101

Realty Biz

MARCH 13, 2024

A lot of new buyers just eager for their new lives often miss some crucial steps during the buying process such as undergoing complete pre-purchase home inspection and understanding mortgage terms fully. Ignoring Home Inspection Values It may prove expensive in the future when you opt not to do a home inspection to save money now.

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Pre-approval Inspection Mortgages Finance 67

Realty Biz

MARCH 24, 2023

Based on one source , around 486,500 cases of fire happen yearly, with most occurring in residential properties. Pull the pin Aim the nozzle Squeeze the handle Sweep the area The fire extinguishers in your home require monthly inspections. Inspect The Electrical Wiring The electrical wiring can also put your home at risk of fire.

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Inspection Residential Branding As-is 83

HomeLight

JANUARY 10, 2023

For example, the California Association of Realtors (CAR) lists no fewer than 10 disclosure forms required for nearly all residential real estate transactions, with dozens of additional stipulations and advisories for buyers and sellers to know about. That 6% is deducted from the seller’s proceeds at closing.

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Purchase and sale agreement Natural hazards disclosure Inspection Title 102

Broke Agent Media

MARCH 30, 2023

The PHSI is based on contract signings, which typically precede a closing by one to two months. Though the duration can vary widely, signings are generally a good early indicator of an eventual sale closing. Sales are considered pending when the contract has been signed but the sale hasn’t yet closed. population (5.0

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Sales Loans Closing MLS 98

Realty Biz

SEPTEMBER 28, 2022

That is a main reason why most lenders require an inspection of the property before they lend the money. Most states mandate that homeowners fill out a residential disclosure form which includes specific disclosures about the roof. They will then request an inspection. They may close within 14 days. Selling Quickly.

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Purchase and sale agreement Inspection Investor Closing costs 75

HomeLight

MARCH 31, 2022

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. Real estate attorneys are not considered essential for closing in the state of Florida. That 6% is deducted from the seller’s proceeds at closing. Get Estimate.

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Purchase and sale agreement Inspection Title MLS 102

HomeLight

APRIL 28, 2023

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. Real estate attorneys are not considered essential for closing in Texas. That 6% is deducted from the seller’s proceeds at closing. Unsure about selling FSBO in Texas?

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Purchase and sale agreement Inspection Title Inspection contingency 88

Realtor.com

NOVEMBER 8, 2022

But now, the shoe is on the other foot, and 92% of home sellers are accepting some buyer-friendly terms (frequently related to home inspections, financing, or appraisals), according to a Realtor.com survey. This time last year, desperate buyers were willing to waive finance contingencies, inspections, and more to snag their dream home.

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Inspection Mortgages Finance Closing costs 115

Realty Biz

JULY 11, 2022

For instance, along with the down payment, an agent can help you understand how much money you’ll need for closing costs. As an example, you’ll probably pay for the appraisal as a closing cost. But even before closing, you’ll need to pay for a professional inspection out of your pocket. Understanding the paperwork.

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Agents Inspection Closing costs Seller disclosure 82