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A homebuyer’s personal story from the post-Sitzer, post-settlement world

Housing Wire

In writing both offers, Angela and I made sure to fully disclose how I was expecting her to get paid , as well as all of my requests, including a home inspection contingency clause. I grew up in an 1850s farmhouse and was not going to skip an inspection or an appraisal contingency.

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What is Due Diligence in Real Estate?

Redfin

You can schedule inspections, review the title, secure an appraisal, and check for any red flags that could affect your decision to buy. This timeframe grants the buyer permission to thoroughly inspect the property. It’s typically refundable if the buyer backs out for a valid reason like inspection or financing issues.

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How to Find & Buy for Sale by Owner (FSBO) Homes in 6 Steps

The Close

Future development projects: Upcoming infrastructure or commercial projects can lead to increased demand and property appreciation in the near future. Have there been any significant developments or changes in the neighborhood since you bought the property? Each state has its own laws on the contingency period.

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How to Buy a Foreclosed Home: The Ultimate Step-by-Step Guide

Redfin

That means there’s no home inspection or appraisal. Department of Housing and Urban Development (HUD) website. Department of Housing and Urban Development (HUD): Their website lists their inventory of foreclosed homes including what real estate agent to contact. Thats why a thorough home inspection is crucial.

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

HomeLight

Inspections. Home inspections are the best way for a buyer to prevent getting a “lemon” house. Basic home inspections don’t cover everything , though. In a fast-paced seller’s market, sometimes buyers will forgo an inspection contingency in order to make their offer more attractive to the seller. Home warranties.

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What Buyers and Sellers Need to Know About Getting a Home Inspection in New York

Redfin

In this dynamic setting, the process of home inspection becomes a journey through layers of historical significance and modern innovation that define a property. So, let’s delve into the world of home inspections in the Empire State. Why should you get a home inspection in New York?

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Buying Foreclosed Homes for Dummies in 11 Steps Even You (Yes, You!) Can Do

HomeLight

You probably won’t be able to get an inspection of the inside of a property before bidding, as sales of foreclosure properties are often sold “as is.” Some auctions do allow interior inspections, so stick with those auctions if you fear buying a dilapidated and rundown property. Step 9: Get an inspection (if you can).