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How to Spot Serious Foundation Trouble

Hank Miller Team

The frenzied real estate market of '20-'21 exacerbated the issues found in normal markets. 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.

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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. Many new construction homes come with a home warranty from the builder.

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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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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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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. Exactly what must be disclosed and when varies by state, according to Reischer, who recommends consulting local and state real estate associations to determine requirements in individual markets.

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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 first thing you want to do is fully understand the seller disclosure laws that apply to any house that you are looking at. Although the seller lists a house “As-Is,” they still have a legal obligation to disclose all known defects to you. Question from Sally in WI: Hi Brian.