article thumbnail

Do the Due: A Complete Due Diligence Guide and Checklist for Homebuyers

HomeLight

As a buyer, that means you have to do your due diligence from both a practical and contractual perspective. What does due diligence mean in residential real estate? Some people just focus on a home inspection and that’s not enough. That’s why we’ve put together this guide to due diligence for a homebuyer.

article thumbnail

What to Know About Septic System Inspections

Realty Biz

Septic inspections are a normal practice when buying a home that does not have a public sewer. Proceeding with the right measures and inspections at the right time will prevent you from unpleasant incidents and money loss. Getting a septic inspection is critical when buying a home. Things to Know About Septic System Inspections.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Much Over Assessed Value Should You Pay for Land?

Marco Santarelli

Introduction Investing in land is a significant financial decision that can yield substantial returns if approached with careful consideration and strategic planning. One crucial aspect to address is determining “How Much Over Assessed Value Should You Pay for Land?”

Land 52
article thumbnail

Real Estate Investing for Beginners: Expert Tips for Buying Your First Investment Property

Redfin

From relationship building to conducting due diligence, you’ll be equipped with the knowledge and strategies to enter the world of real estate investing and buy your first investment property with ease. Never buy a property without having an inspection A home inspection is pivotal in identifying potential flaws within a property.

article thumbnail

What Must Be Disclosed When Selling a House in Georgia?

HomeLight

Georgia home sellers are obligated to inform buyers of any known material defects in the home’s condition that would not be found by a buyer upon reasonable inspection. Meaning, buyers are charged with performing due diligence during real estate transactions to ensure they’re buying a product they’re satisfied with.

article thumbnail

These People Rushed to Buy Homes During Covid. Now They Regret It.

Realtor.com

It was a land grab for houses,” said Cheryl Eisen, CEO of the interior-design and property-marketing firm Interior Marketing Group. In these conditions, many are tempted to waive inspections or skip other due diligence they would normally perform before buying a home. People wanted out of apartments.”.

article thumbnail

Find Cash Home Buyers in Los Angeles for a Fast, Simple Sale

HomeLight

The buyer does due diligence during the option period in California, which is typically one to 10 days. Although there are no required disclosures because the property is being sold as-is, there is an inspection period. I get inspections on big-ticket items like the sewer and the foundation.

Sales 104