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What is Due Diligence in Real Estate?

Redfin

Title search and insurance A thorough title search is essential to uncover any potential issues with the property’s ownership. This includes ensuring the seller legally owns the property and identifying any liens, encumbrances, or legal claims against it. >> Read: What is a Home Appraisal?

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Buying a House Online? How to Get it Done in 15 Steps

HomeLight

Leinaar doesn’t think it’s possible to buy online without an agent — sellers might think you’re a scammer or refuse to work with you. Local agents also know the housing stock in the area — including which builders built which local developments, the common issues in their homes over time, or the most desirable new areas.

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Find Cash Home Buyers in Orlando for a Fast, Simple Sale

HomeLight

As concrete foundations settle on sandy soil, houses may develop settlement cracks and other foundation issues. Home-buying companies generally pick up closing costs including title search and title insurance that usually range from 1.5% The buyer and seller sign the closing documents.