The Residential Specialist

SEPTEMBER 28, 2020

David Washington, CRS, has been active in many facets of the real estate business over the past 15 years, including inspection, appraisal and brokerage services. I take a lot of continuing education and have accumulated a number of designations.”. So, from initial walkthrough, contract terms, inspection, due diligence, etc.,

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Due diligence Inspection Staging Technology 98

Realtor.com

JUNE 24, 2021

We made an appointment with the development’s sales consultant, then went to see several model homes. We ended up touring three or four other new constructions in different areas of town, just to do some due diligence. We planned our budget before going into the design center and knew what our priorities were.

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New Construction Construction Due diligence Marketing 111

HomeLight

MAY 26, 2021

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. This due diligence protects the lender in case you default and they need to recover their costs. A home inspection : .

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Inspection Residential Due diligence Title search 100

Realtor.com

JANUARY 12, 2021

When is a sale a sale? For example, the buyer has specific obligations called contingencies, which include things such as loan approval, home inspection, and a home appraisal. If the buyer fails to meet these contingencies by a designated date, the seller can cancel the agreement and then accept another offer.

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Backup offer Purchase and sale agreement Due diligence Inspection 115

HomeLight

MAY 28, 2021

But there are protections in place that are designed to prevent the sale of a “lemon” house equivalent. Inspections. Home inspections are the best way for a buyer to prevent getting a “lemon” house. Basic home inspections don’t cover everything , though. That’s why due diligence on the part of a homebuyer is vital.

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Inspection contingency Inspection Seller disclosure Due diligence 86

HomeLight

OCTOBER 29, 2021

You still have to make it through the house closing process, where inspections , credit problems, or paperwork issues can trip you up. House inspections, possible renegotiations with the seller, an appraisal, a title review, and approval of your mortgage applications are just some of the events that go on during the closing process.

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Closing Inspection Title Due diligence 88

Housing Wire

DECEMBER 7, 2023

Colibri Real Estate is a state-approved real estate education provider with over 132 instructors experienced in Massachusetts real estate sales and teaching best practices. And Exam Prep Plus includes 40 hours a month of Live Q&A with local instructors for a personal, guided approach.

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HR Pre-approval Brokerage Commercial 404

Redfin

DECEMBER 18, 2023

Create a checklist of home projects based on the home inspection Use your home inspection checklist to address immediate household problems, prioritizing major issues for safety concerns before tackling minor repairs. Utilize the report as a reference to compile a list of repairs, updates, or maintenance tasks for the future.

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Inspection Due diligence Closing As-is 70

HomeLight

SEPTEMBER 30, 2020

Durham says that in Georgia, foreclosures must be advertised for four weeks leading up to the sale. “If With online foreclosure auctions, you submit your offer digitally during a designated day and time. The title’s been checked out, you can go inside the house and look at it and do all your due diligence.

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Due diligence Hard money loan Finance Banks 98

Realty Biz

JULY 31, 2023

Preparing the property for sale involves cleaning, decluttering, and making it presentable. Price it right: Determine a competitive and realistic asking price based on the condition of your house and comparable sales in the area. Affects Home Inspection During the home inspection process , roof condition plays a crucial role.

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Purchase and sale agreement Investor Renovation Sales 81

RIS Media

SEPTEMBER 20, 2021

While some states require a seller to expansively detail any history of flood damage, flood zone designation or other natural disaster threats, others have little or no disclosure requirements or provide only vague guidelines on what needs to be disclosed. There are no requirements to disclose flood insurance or floodplain designations.

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Design Purchase and sale agreement Agents Seller disclosure 111

Toronto Realty Blog

MARCH 30, 2022

Did you enjoy the post about home inspections on Monday, or did you want to want to get political, yet again? Well, if you’ve ever bought pre-construction in the province of Ontario, you would have already experienced the government-mandated 10-day cooling-off period that affects such sales. TorontoRealtyBlog.

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Purchase and sale agreement Inspection Finance Construction 74

The Close

APRIL 11, 2023

And as a bonus, we designed and formatted 18 of these jokes for you to download and share on social media! The Inspector Is Here Baby, we can definitely skip the inspection because I can already tell you’re flawless! Time for a Redesign Sadly, I had to fire my web designer today and get a Placester site. It’s simple.

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Agents Due diligence Brokerage Land 145

HomeLight

MAY 28, 2021

A shotgun house is not a quick or coerced sale (like a shotgun wedding!); These nostalgic houses can be a great purchase, as long as buyers do their due diligence. Courtney Kattengell , a New Orleans real estate agent and Designated Historic Homes Specialist, appreciates the value of these very special homes. “It

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Due diligence Renovation Pre-approval Construction 104

Marco Santarelli

SEPTEMBER 6, 2023

Here are some common methods used to assess land value: Comparable Sales: One of the most widely used methods, involves analyzing recent sales of similar properties in the area to estimate the land's value. Comparable Sales: Review recent comparable land sales to determine the market value of the property you're interested in.

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Land Purchase and sale agreement Investor Due diligence 52

HomeLight

OCTOBER 30, 2020

Caveat emptor laws are designed to protect sellers from litigation should their buyer experience buyer’s remorse after discovering a flaw they should’ve discovered before closing on the property. While these states expect the buyer to do their due diligence, that doesn’t mean the seller is off the hook.

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Seller disclosure Natural hazards disclosure Inspection Due diligence 75

HomeLight

AUGUST 31, 2020

The home inspection : It’s that critical moment when the buyer anticipates that everything will be okay with the house — and it’s the time where sellers are biting their nails. The inspector doesn’t have good news; there are repairs that need to be made in order for the home to be “sale ready.” Then, they document their findings.

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Inspection Due diligence As-is Agents 104

HomeLight

AUGUST 31, 2021

And because rent-to-own agreements tend to occur organically — they generally aren’t listed and marketed in the same way as conventional sales or rental offers — special terms can often be written in from the outset. These deals carry a risk for both buyer and seller, but renting-to-own can make sense if the deal is structured properly.

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Purchase and sale agreement Due diligence Closing costs Mortgages 123

HomeLight

MARCH 13, 2023

Whatever your reason for needing a quick sale without making a substantial investment, the Orlando real estate market is teeming with cash buyers ready to make a deal no matter your home’s condition. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready.

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Sales Investor Due diligence Renovation 88

Redfin

MAY 2, 2023

An overview of the Colorado housing market In the last year, the housing market in Colorado has been fiercely competitive due to significant demand, causing home prices to rise rapidly, particularly in sought-after locations such as Denver, Boulder, and various mountain towns.

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Pre-approval FHA loan Loans Finance 57

HomeLight

OCTOBER 26, 2021

The home inspection is a buyer’s single best opportunity to assess a home’s condition. Put another way, the inspection will let you know if you can celebrate, should save for necessary repairs, or run for the hills. But what’s most important in a home inspection? And what happens if you get a problematic inspection report?

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Inspection Purchase and sale agreement Due diligence Closing 82

Realty Biz

JUNE 4, 2023

The term “multi-purpose” here means that virtual data rooms are designed to perform different functions for different business types or sizes. Faster and Safer Real Estate Due Diligence Whether it is a traditional real estate sale/purchase or inviting investors to finance a project, due diligence is a crucial part of the process.

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Due diligence Investor Title search Development 80

HomeLight

FEBRUARY 4, 2022

Source: (LinkedIn Sales Solutions / Unsplash). Guide you through the steps of due diligence and inspections. Coordinate with the closing attorney and seller’s agent to finalize the sale. … Let’s take a closer look at 11 reasons why you should definitely hire a real estate agent. An agent is your advocate.

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Agents Purchase and sale agreement Due diligence Inspection 102

HomeLight

MAY 28, 2021

However, it’s vital to do your due diligence before buying a home as-is to protect yourself or you might just end up wasting your investment on a money pit. An example: Let’s say a property is listed as-is, and a home inspection finds a leaky roof and foundation issues. As-is, where-is. If not, they could face legal trouble.

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As-is Inspection Title search Inspection contingency 75

HomeLight

AUGUST 28, 2020

Coleen Dearing completes 32% more sales than the average agent in Santa Fe , New Mexico, where much of her business consists of investors buying properties to rent until they retire. In Dearing’s area, there are short-term rental ordinances designed to protect full-time residents. Source: (Brooke Cagle / Unsplash).

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Property Management Investor Due diligence MLS 57

HomeLight

FEBRUARY 21, 2023

Sell 'As Is' With a Cash Offer in Georgia HomeLight’s Simple Sale platform will provide a no-obligation, all-cash offer for Georgia homes in almost any condition. As is” is a type of home sale where it’s understood that no improvements will be made to the property. Skip repairs and close in as few as 10 days.

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As-is Investor Inspection Closing costs 81

HomeLight

FEBRUARY 9, 2023

If you’re preparing to sell a house in the state of New York , it’s important to understand what you’re required to disclose, what must be fixed or addressed before listing, and how disclosure laws could impact or impede the sale process. When buyers waive inspections, they are less aware of defects with properties. According to N.Y.

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Purchase and sale agreement Inspection Residential Agents 91

HomeLight

OCTOBER 29, 2021

Chicago agent Matt Laricy , who has more than 19 years of experience in the industry and completes 41% more sales than the average agent in his area, says that due diligence when vetting a builder is crucial. Or a designated laundry room? The inspections (there will be a few!). Framing inspection.

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New Construction Construction Inspection Development 84

HomeLight

OCTOBER 17, 2022

She advises that a buyer may need to do more due diligence in inspecting the property closely because “the seller doesn’t always know the answers.”. Buyers will also want to check with the Texas Department of Insurance to verify whether the property is located in a designated catastrophe area. Military Usage.

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Seller disclosure Homeowner’s association Due diligence Agents 99

HomeLight

SEPTEMBER 30, 2022

If you decide to hire an agent for your new build, be sure you include them during your first visit to the builder’s sales office and mention them during your first call or email; otherwise, some builders won’t pay the referral fee. Even with new construction homes it’s important to do your due diligence.

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Construction Purchase and sale agreement New Construction Inspection 108

Redfin

MARCH 15, 2021

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. Schedule a pre-listing inspection. Having a pre-listing inspection allows you to attract serious buyers and gives you an advantage over other sellers before your home even hits the market.

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Inspection Staging Inspection contingency Due diligence 72

Redfin

JANUARY 6, 2021

Parcels of land designated for new construction may be available in numerous locations, including underdeveloped suburban areas, rural areas, and as a part of subdivision development. They will work with you to coordinate costs and design your ideal home, inside and out.

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Construction Land New Construction Inspection 59

HomeLight

DECEMBER 6, 2022

When the time comes to move, some tenacious homeowners in New Jersey are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

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Purchase and sale agreement MLS Pre-approval Agents 84

HomeLight

MAY 27, 2021

You’ll also need money for other costs that come with buying a home, from paying for a home inspection to covering the various fees you’ll be charged at closing. Designed for veterans, active-duty military, and qualifying spouses, VA-backed loans often require no down payment. Step 9: Do your due diligence.

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Loans Mortgages Title FHA loan 89

HomeLight

FEBRUARY 28, 2021

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. According to the Greater Avenues Community Council, more than 100 architect-designed homes have been identified in the Avenues Historic District.

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Marketing Inspection Inspection contingency Due diligence 56

Marco Santarelli

AUGUST 21, 2020

Out of five counties, only two of them saw a year-over-year decline in sales. Sales in Miami-Dade & Broward counties declined by 6% and 0.7% The other three counties saw a significant year-over-year increase in sales—Palm Beach (+9.35%), Martin (42.6%), and St. to $385,000 while sales dropped by -11.6%. respectively.

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Marketing Investor Sales As-is 126

The Close

DECEMBER 29, 2022

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. ” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met. Comparable sales (comps).

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Purchase and sale agreement Title Proof of funds Pre-approval 97