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What Legal Documents Will You Need for Buying a House? Here’s Your List

HomeLight

We’ll also hear from Richie Helali of HomeLight Home Loans for an inside scoop on the loan-related documents for buying a house. Some states require sellers to fill out a seller disclosure statement documenting known repair needs or health and safety hazards in the home. Loan Estimate. Interest rate.

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How to Spot Serious Foundation Trouble

Hank Miller Team

But unless the buyer and agent have a working knowledge of construction and a level of experience that allows them to spot signs of trouble, the buyer may be walking off a cliff. If this buyer was getting a loan, any appraiser will note this and certainly call for structural inspection as well.

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Studying for Your Inspection: What Are Home Inspectors Not Allowed to Do?

HomeLight

Many licensed home inspectors have backgrounds in construction, which makes for a great inspection as this gives them the knowledge of what potential issues can look like from the builder’s point of view. When a home is deemed “uninsurable,” this means that it does not qualify for mortgage loans because of the need for extensive repairs.