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

HomeLight

But there are protections in place that are designed to prevent the sale of a “lemon” house equivalent. Seller disclosures. In many states, seller disclosure forms are required to complete a real estate transaction. Many new construction homes come with a home warranty from the builder. Research the house.

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What Must Be Disclosed When Selling a House in Georgia?

HomeLight

Find a Top Agent to Help You Navigate Disclosures. HomeLight’s free Agent Match platform can connect you with a top-performing agent in your market who can help you navigate your entire home-selling journey — from disclosures to closing. Is a seller’s disclosure form required in Georgia? Find Agent.

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

HomeLight

Some states require sellers to fill out a seller disclosure statement documenting known repair needs or health and safety hazards in the home. This can include anything from knowledge of lead-based paint or asbestos, to the seller’s awareness of water damage in the basement, a leaky roof, or damaged plumbing.

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Disastrous Disclosures

The Residential Specialist

It seems like there’s just constant construction here because of disaster relief.”. Like residents, the real estate market is resilient. It is necessary to fully disclose all information important to the sale and that may affect a buyer’s decision to purchase,” he says. It’s a lot for one region to take. Defiant, even.

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What Does As-Is Mean When House Hunting? And When Should Buyers Consider an As-Is Home?

HomeLight

However, as Ryan Rodenbeck , a foreclosure property specialist in Austin, Texas , explains, as-is can also refer to small cosmetic changes that the seller doesn’t want to bother with, especially in a strong seller’s market: “Sellers don’t want to do repairs in a strong market.”. It’s not zoned for its use.

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Ask Brian: Home Buyer Beware

Realty Biz

I’m in the market to buy my first house. The sales listing had described the garage as converted into a one-bedroom, one-bath, with a large family room and private entry. That implies the seller, agent, and buyer don’t agree on the facts. Inevitably, you’re going to be looking at older houses that are listed for sale “As-Is.”

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Is My House in a Flood Zone? Search FEMA Flood Map by Address and So Much More

Redfin

A99 An area protected upon completion of an under-construction federal flood protection system like a dam or levee. This is partly because flooding is so unpredictable and can be the result of several factors, such as thawing snow, burst pipes, hurricanes, tornadoes, flash floods, construction issues, and more. .