Remove Construction Remove Due diligence Remove Inspection contingency Remove Marketing
article thumbnail

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.

article thumbnail

How to Spot Serious Foundation Trouble

Hank Miller Team

The frenzied real estate market of '20-'21 exacerbated the issues found in normal markets. Buyers were/are so stressed to secure a home that some toss caution to the wind; overpaying, waiving finance contingencies, inspection contingencies and more.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Many new construction homes come with a home warranty from the builder. This isn’t recommended.

article thumbnail

When Is a House Down Payment Due and How Much Do I Need?

HomeLight

Larsen cautions that if you’re buying a new construction home, you will likely be expected to pay a much larger percentage of earnest money. Earnest money is usually refundable if certain contingencies aren’t met causing the termination of the contract. The money is delivered via cashier’s check or wire transfer.

article thumbnail

Navigating the Slopes and Market in The New Silicon Valley: How to Buy a House in Salt Lake City

HomeLight

We also interviewed home remodeling and inspection specialists to help you avoid common pitfalls so you can learn how to navigate the market and buy a house in Salt Lake City. was $324,900 as of October 2020, making Salt Lake City’s booming housing market expensive in comparison. Lace up your hiking boots and let’s get going!

article thumbnail

Incite a Bidding War: How to Get Multiple Offers on Your Home in 2021

Redfin

The housing market is hot! But even in a seller’s market, where there are far more buyers than homes for sale, there is no guarantee your home will attract multiple offers. But even in a seller’s market, where there are far more buyers than homes for sale, there is no guarantee your home will attract multiple offers.

article thumbnail

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

HomeLight

Comparative market analysis. Proposed marketing plan. Pre-listing inspection report. Now’s the time for solidifying your selling goals, researching your local real estate market, and devising a flawless marketing strategy. Comparative market analysis. Proposed marketing plan. Manuals and warranties.