HomeLight

AUGUST 16, 2021

There are a few different types of as-is designations, and what as-is really means varies by designation. Sometimes it’s just certain components, which will generally be flagged as the as-is part of the sale. Get an inspection before you make an offer. Add an inspection contingency. Check the CLUE report.

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HomeLight

MARCH 30, 2021

Some people just focus on a home inspection and that’s not enough. If you live in a caveat emptor state, your due diligence may need to include more specialized inspections (see below). Get an inspection. A home inspection is arguably the most important point of due diligence. Consider specialty inspections.

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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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HomeLight

MARCH 23, 2021

There are also separate designations and certifications that allow agents to work with specific buyers (or sellers) or work toward a particular real estate need, similar to how doctors and lawyers have different classifications. That includes walking you through the purchase and sale agreement and other legal issues that arise.

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Redfin

MARCH 2, 2023

What is an appraisal contingency? An appraisal contingency is a clause in a real estate contract that allows the homebuyer to back out of the transaction or renegotiate the terms of the sale if the property appraisal comes in lower than the agreed-upon purchase price. How does an appraisal contingency work?

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Point2Homes

JANUARY 20, 2023

The Essential Guide to Home Inspections - Point2 News The process of buying a new home can be long and challenging and, you’ll find that there are many steps to follow if you want to get it right. The home inspection is a key step, but it’s also one that people are often tempted to skip to save a bit of money.

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Redfin

OCTOBER 9, 2020

When selling your home, it’s best to go with an easy-to-care-for and clean landscape design to appeal to buyers, and increase the property value of your house. Buyers will want to negotiate repairs to avoid any major expenses following the sale. This is why most buyers require an inspection contingency in their contract. .

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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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HomeLight

SEPTEMBER 1, 2022

CPI, a home inspector and structural engineer with the Tampa Bay-based Red Flag Home Inspection, LLC. However, if the city inspects the new room and finds it’s not up to code, they will likely ask the buyer to tear it down. I have seen numerous unpermitted additions,” added Mike Powell , P.E., Ask the seller directly.

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HomeLight

FEBRUARY 27, 2023

But when it’s an estate sale, emotions can run even higher. He is the broker and owner of Proof Real Estate in San Francisco, California where he specializes in estate sales. On today’s episode, we’re gonna talk about Craig’s five-step formula for estate sale listing success.

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HomeLight

JUNE 30, 2021

This is why many buyers make offers on their new home that include a sales contingency. With a sales contingency in your offer, you won’t have to close on your new home unless you’ve sold your old home. But a sales contingency could also make it harder to get an offer accepted.

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HomeLight

MAY 28, 2021

An example: Let’s say a property is listed as-is, and a home inspection finds a leaky roof and foundation issues. You’ll be on the hook for the entirety of those repairs, and you can’t expect any financial help from the seller if you pursue the sale. In some as-is home sales, you might see a “where-is” specification added in.

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HomeLight

NOVEMBER 29, 2021

According to the National Association of Realtors® (NAR) 2020 Profile of Home Buyers and Sellers, 8% of homeowners opted to sell for sale by owner , or FSBO. It takes more than a for sale sign staked to your front lawn to sell a home without an experienced agent. Prepare your home for sale. Source: (Kelly Sikkema / Unsplash).

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HomeLight

JUNE 30, 2021

We’re bound by a certain code of ethics that really governs everything that we do and is designed to protect our clients and to put our clients first.”. This is usually the biggest purchase and sale someone makes in their life. Step 3: Include contingencies. Financing contingency. Inspection contingency.

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HomeLight

DECEMBER 23, 2021

Whether you’re selling a mid-century ranch in an established neighborhood, a 1920s arts and crafts bungalow on a tree-lined avenue, or a brand new contemporary white box in a just-built subdivision, a home inspection may very well reveal code violations. Get started with our Simple Sale platform and a no-obligation offer.

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HomeLight

AUGUST 27, 2021

Source: (Conscious Design / Unsplash). sales price of new homes has risen to over $400,000 in 2021. And after taking into account the purchase price, you still have to figure in closing costs, inspections, and other expenses. Serious problems found with home inspection. Common causes of homebuyer’s remorse.

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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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HomeLight

OCTOBER 29, 2021

Housing shortages, bidding wars, and fast-moving sales abound, coupled with historically low interest rates. Then you’ll have to pay closing costs, including appraisal and inspection costs (and don’t expect the seller to chip in — more on that later!). Plus, there’s the cost to move, furnish, and customize your new home.

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HomeLight

SEPTEMBER 1, 2022

Buyers will also find a lot of coastal home designs, as well as a good number of condos and townhomes. While it is not always recommended to completely waive contingencies to impress a seller, you might consider pairing down to just the inspection contingency and financing contingency to remain competitive.

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HomeLight

DECEMBER 29, 2021

Savvy sellers know that if their home is priced right, they stand a very good chance of having it appraise accordingly, and keep the sale on track. Data from CoreLogic indicates that in May 2021, about 20% of home appraisals came in lower than the sales price. The lack of routine maintenance can cost you 10% on the sales price.

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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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Marco Santarelli

AUGUST 2, 2020

Our main focus would be on the last month's housing prices and sales statistics in NYC. The median sales price in the NYC hit $718,000 in June for the highest figure year-to-date. Residential sales in NYC were reported to be down by 25% as compared to last year. The median home sale price in Manhattan was $1M.

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