HomeLight

FEBRUARY 26, 2021

You might not be aware of every flaw — that’s for the home inspection to notice — but once you are, you can’t hide them, and legally, neither can your agent. Buyers can still get an inspection to unearth problems. A home inspection is part of a buyer’s due diligence. Risks of sweeping home flaws under the rug.

As-is 94

As-is Sales Inspection Investor 94

HomeLight

MARCH 30, 2022

According to January 2022 data reported by the National Association of Realtors®, more than one-fifth of terminated contracts were ended due to financing issues , while inspection concerns ended one quarter of terminated real estate deals. But proceed with caution and don’t sign any documents until you’ve done your due diligence.

Sales 93

Sales Investor Renovation Due diligence 93

HomeLight

SEPTEMBER 1, 2020

You can buy a short sale, or you can buy a bank-owned property — but the foreclosure is just what’s happening in the process.”. If your offer is accepted, you start the process of inspections, title checks, and negotiations while securing a mortgage loan and signing the papers when it’s all said and done.

Banks 75

Banks Inspection contingency Inspection FHA loan 75

HomeLight

JANUARY 25, 2021

House flippers usually purchase houses for cash as-is, saving homeowners the expense of making repairs that lenders might require, along with the stress of showing and staging the home. A flipper often won’t require an inspection or an appraisal because they can eyeball what the property’s issues are, he adds. Next steps.

Purchase and sale agreement 104

Purchase and sale agreement Investor Inspection Due diligence 104

HomeLight

AUGUST 24, 2022

No repairs, no staging, no open houses. HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in New Jersey. Some companies may make a preliminary offer at this stage, but it’s usually subject to change once they’ve inspected your property. Sale timeline.

Closing costs 73

Closing costs Purchase and sale agreement Closing Staging 73

HomeLight

MARCH 19, 2022

Unfortunately, too many homeowners fail to do the same due diligence when hiring the Realtor ® who’ll help them sell their most valuable asset. They want to make sure you’re doing your due diligence! They do this by: Researching outlier comps to include or exclude (Foreclosures, short sales, etc.).

Closing 90

Closing Due diligence Agents Staging 90

HomeLight

SEPTEMBER 30, 2021

If you buy a foreclosure, you’ll need to do your due diligence and understand the risks you’re taking. Make sure to get a good inspection, and know what you’re getting yourself into! You may not be able to do an inspection. I would avoid properties that don’t have an inspection or won’t allow an inspection,” Crotts says.

Banks 102

Banks Inspection Equity Investor 102