Hank Miller Team

DECEMBER 1, 2021

Buyers were/are so stressed to secure a home that some toss caution to the wind; overpaying, waiving finance contingencies, inspection contingencies and more. There are more buyers waiving due diligence and purchasing homes "as is" than ever before. The buyer is spending money and possibly losing the deal.

Inspection contingency 52

Inspection contingency Due diligence Seller disclosure Inspection 52

HomeLight

MAY 28, 2021

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. Inspections. This isn’t recommended. This isn’t recommended.

Inspection contingency 77

Inspection contingency Inspection Seller disclosure Due diligence 77

HomeLight

MARCH 13, 2023

You don’t need the added stress of waiting for the buyer’s mortgage approval or a home inspection turning up any unpleasant surprises. With a cash home buyer, there are usually no financing or inspection contingencies typically found in traditional real estate contracts. The option period is negotiated between buyer and seller.

Sales 78

Sales Investor Due diligence Renovation 78

HomeLight

JULY 29, 2022

Suppose that property has become something that requires flood insurance and the seller didn’t know it because they never had to buy flood insurance — that could create a problem. So get a contract, then call for a home inspection, and then call the insurance company — those are the calls that you make before you do anything else.”.

Closing 103

Closing Purchase and sale agreement Title Home sale contingency 103