The Residential Specialist

SEPTEMBER 28, 2020

David Washington, CRS, has been active in many facets of the real estate business over the past 15 years, including inspection, appraisal and brokerage services. I walked across the high school graduation stage one month and the next thing I knew I was finishing up my real estate license,” says Washington. Education is key.

Due diligence 98

Due diligence Inspection Staging Technology 98

Realty Biz

JUNE 27, 2023

They provide valuable advice on home staging , repairs, and improvements to maximize the property's appeal and value. Seller's agents assist sellers in understanding the contract terms, coordinating inspections, and addressing any potential issues that may arise during the due diligence period.

Agents 88

Agents Due diligence Closing Sales 88

Redfin

MARCH 14, 2022

Typically, a seller’s disclosure is provided a few days after mutual acceptance during the closing stages of the transaction. Buyers will need to decide if they’re comfortable with any significant issues disclosed and get a professional inspection to assess what it takes to handle the problem. Final takeaways about seller disclosures.

Purchase and sale agreement 69

Purchase and sale agreement Due diligence Seller disclosure Inspection 69

Realty Biz

DECEMBER 15, 2021

Title Search Stages. An inspection. Inspecting the lot could reveal encroachments or signs of easements that may not be recorded in the documents. When it comes to due diligence for a property purchase, title searches should never be skipped. Ownership chain.

Title search 112

Title search Title Due diligence Bankruptcy 112

The Residential Specialist

OCTOBER 19, 2021

For many agents, successfully representing your client in a sight-unseen transaction means performing the same high level of service and due diligence you normally would, but also paying close attention to potential pitfalls. That’s where the agent comes in. Painting a full picture. Considering contingencies. So, what can you do?

Inspection 109

Inspection Due diligence Agents Staging 109

Point2Homes

DECEMBER 7, 2020

If you’re thinking about how to buy a home that’s in foreclosure, be sure to do your research because there are extra stages involved. Notably, your offer should also include a home inspection contingency to ensure that you aren’t buying a property with serious defects. The Home Inspection. How to Buy Foreclosed Homes.

Debt-to-income ratio 118

Debt-to-income ratio Pre-approval Inspection Inspection contingency 118

Realty Biz

NOVEMBER 11, 2020

Home Inspection Contingency. Home inspections are one of the biggest hurdles in home sales. It is not uncommon for a home to go from being market “contingent” to “back on the market” because of some issues discovered from the home inspection. Home Sale Contingency.

Backup offer 110

Backup offer Sales Home sale contingency Earnest money deposit 110

Realtor.com

AUGUST 13, 2020

If problems crop up—with the home inspection, appraisal, mortgage, or other things—then the real estate buying process could take even longer. To help illuminate what’s going on, here’s a rundown of the various stages you’ll encounter while home shopping to help you plan your buying timeline just right.

Pre-approval 143

Pre-approval Pre-qualification Due diligence Loans 143

Rent, Buy & Sell

JUNE 11, 2021

You’ll be expected to repair any issues after the home inspection process. Not Staging. When you don’t have great staging, you aren’t going to get as many good offers. The problem with doing this is people believe people will buy without doing due diligence. Selling During Winter.

Due diligence 105

Due diligence Inspection Staging Equity 105

Housing Wire

DECEMBER 7, 2023

Lee Institute Best real estate schools in MA for every stage of your career Overall Rating: 4.2 Students chose the school for its offering of live instruction classes for salespersons, brokers, appraisers, mortgage, and home inspection courses at various locations and convenient times, including weekend classes. out of 5.

HR 375

HR Pre-approval Brokerage Commercial 375

Kyle Handy

MAY 8, 2023

A real estate agent can provide services such as home staging for their listings and sell packages such as superior photography and videos. While doing their due diligence, the escrow company will collect the money from the buyer. Some real estate agents may also sell services like listing photographs, staging, and more.

Purchase and sale agreement 87

Purchase and sale agreement Closing costs Commercial Due diligence 87

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 97

As-is Sales Inspection Investor 97

Realty Biz

FEBRUARY 2, 2024

Assessing the Extent of the Damage To assess the extent of the fire damage, it is essential to inspect both the visible and hidden areas of the house. Here are some strategies to consider: Utilizing Social Media and Online Platforms Consider using virtual staging to show buyers what the home could look like.

Investor 110

Investor Due diligence Sales Renovation 110

Redfin

MARCH 12, 2021

At this stage, various inspections, appraisals, and possibly other contingencies you had in the offer contact move forward to finalize the sale. . Examples include: After the due diligence period is over (usually a couple of weeks), you learn that the home sits in a flight path or near a refinery and you decide to walk.

Earnest money deposit 76

Earnest money deposit Purchase and sale agreement Due diligence Inspection 76

RIS Media

JUNE 24, 2021

This assessment takes place before the transportation stage. You will also need to notify the representative that performed the initial car inspection before transportation. The company’s representative might come to make a second inspection and draft new documents that indicate the new damage occurred while moving the car.

Due diligence 79

Due diligence Inspection Staging As-is 79

She Buys It

JUNE 4, 2019

The reality is that even if you don’t get the absolute lowest deal on the initial agreement, you then have time to do your due diligence. Due diligence is an expected time frame (30, 60, 90 days, etc) where you need to make sure that the house is in the condition that you were told.

Due diligence 40

Due diligence Inspection Title Staging 40

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 97

Sales Investor Renovation Due diligence 97

Redfin

SEPTEMBER 14, 2023

Research local laws and ordinances Different municipalities often have specific regulations about rental properties, covering aspects such as tenant rights , property inspections, licensing, and safety requirements. This due diligence helps protect your investment, minimizes potential disputes, and fosters a 3.

Due diligence 60

Due diligence Property Management Mortgages Inspection 60

McKissock

JANUARY 11, 2022

It mostly depends on the lender requirements, but you are also going to be sure you practice due diligence. Not only will you conduct an extensive lot inspection before construction starts, but you may also need to visit the property during construction—to assess progress and detail when work is complete. Final inspection.

New Construction 96

New Construction Inspection Construction Due diligence 96

Realty Biz

JULY 31, 2023

Stage strategically: If possible, declutter and depersonalize the interior to make it more appealing to a broader range of buyers. Affects Home Inspection During the home inspection process , roof condition plays a crucial role. Ensure all necessary permits and inspections are obtained to provide potential buyers peace of mind.

Purchase and sale agreement 81

Purchase and sale agreement Investor Renovation Sales 81

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 105

Purchase and sale agreement Investor Inspection Due diligence 105

HomeLight

DECEMBER 7, 2021

Whether you’re buying, selling, or refinancing a home, you’re probably going to have to endure a home inspection. It can necessitate a lot of preparation and cause a certain amount of anxiety, but a home inspection is an important part of the process when you’re selling a home. But what’s inspected? Prepare for an inspection.

Inspection 90

Inspection Purchase and sale agreement Pre-approval Closing 90

HomeLight

SEPTEMBER 1, 2020

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. Bank-owned homes may not be the best-staged or the most recently renovated. Step 9: Order an inspection. Step 2: Consider dealbreakers.

Banks 80

Banks Inspection contingency Inspection FHA loan 80

Redfin

AUGUST 25, 2023

Buying a house in the great state of Oklahoma, such as in the beautiful cities of Oklahoma city and Tulsa , is an exciting and significant step for homebuyers, but it comes with its fair share of complexities, particularly when it comes to understanding the ins and outs of home inspections. Why should you get a home inspection in Oklahoma?

Inspection 51

Inspection Due diligence Staging Renovation 51

HomeLight

JULY 12, 2022

Bypass the necessity of staging, prepping, or even cleaning out the property: Whether it’s a home you’ve lived in and loved for years or a home you’ve inherited in another city or state, it can take enormous effort and cost to clean out, stage and maintain a house in ready-to-show-at-a-moment’s-notice condition.

Purchase and sale agreement 85

Purchase and sale agreement Investor Equity Closing 85

HomeLight

AUGUST 24, 2022

No repairs, no staging, no open houses. Some companies may make a preliminary offer at this stage, but it’s usually subject to change once they’ve inspected your property. The selling process at Cash Buyer New Jersey is straightforward, with the same slim due diligence and closing periods as other cash-offer businesses.

Closing costs 79

Closing costs Purchase and sale agreement Closing Staging 79

HomeLight

AUGUST 18, 2020

Homeowners expend a large portion of their budget on the first stages of the build such as drawings, permits, wall removal, excavation, and foundation (if necessary). We want to do our due diligence upfront and that’s where we are a design-build firm. Modifications not built to code.

Renovation 116

Renovation Construction Due diligence Design 116

HomeLight

APRIL 11, 2023

However, the initial offer is typically subject to change after they have inspected your home. They strive to present the highest possible offer to their clients by doing their due diligence and extensive research on the home and the current market. The company will ask you to provide information about your house and property.

Purchase and sale agreement 87

Purchase and sale agreement Closing costs Closing Sales 87

HomeLight

SEPTEMBER 15, 2021

Pre-listing inspection report. Home inspection report. A new contract can be signed without the old contract, and the new buyer will conduct new inspections and obtain a new title insurance policy.”. Give buyers time to conduct a lead inspection. Pre-listing inspection report. Proposed marketing plan.

Purchase and sale agreement 113

Purchase and sale agreement Inspection Title Pre-approval 113

HomeLight

FEBRUARY 4, 2022

Guide you through the steps of due diligence and inspections. There’s a lot more to consider than just a pretty kitchen, and an agent could potentially save you money by pointing out a major issue with a home before you get to the offer and inspection stages. Work with you to write a compelling purchase offer.

Agents 96

Agents Purchase and sale agreement Due diligence Inspection 96

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! Stage, photograph, and market your home. Many photo companies can even stage your photos digitally.

Closing 94

Closing Due diligence Agents Staging 94

HomeLight

AUGUST 31, 2021

Translating that to real estate terms, selling a house for cash goes something like this: Request an offer: You skip the staging and showing process and go straight to requesting an offer. Even if you’re selling “as is”, an inspection could still be required. You don’t want to disrupt your life with house prep, staging, and showings.

Proof of funds 144

Proof of funds Investor Due diligence Closing 144

HomeLight

JULY 26, 2022

In a best case scenario, negotiations go smoothly, the inspection doesn’t reveal any major issues, the appraisal comes in right where it should, and the whole process is very efficient (we’ll get into what could create some hiccups later on). Common contingencies include, but aren’t limited to: Inspection contingency.

Earnest money deposit 98

Earnest money deposit Purchase and sale agreement Title Inspection 98

HomeLight

MAY 24, 2022

First things first: Get your septic system inspected by a certified inspector — a private contractor, someone from the health department, or a wastewater professional. Average cost of a professional inspection ranges from $260 to $420. In fact, if you have an offer on your home, an inspection might be compulsory before closing.

Inspection 111

Inspection Due diligence Agents Investor 111

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 buyer does due diligence during the option period in Florida.

Sales 82

Sales Investor Due diligence Renovation 82

HomeLight

AUGUST 24, 2022

Buyers are still going to do their inspection, they’re going to do their own due diligence and they are going to be paying their inspector. Consider a pre-listing inspection. Possibility of reducing negotiations from the inspection. Todd Auslander. Real Estate Agent. Todd Auslander. Expect lower offers.

As-is 99

As-is Inspection Investor Closing costs 99

Redfin

MARCH 15, 2021

While you can’t control whether your region is in a seller’s or buyer’s market, do your due diligence by speaking with an experienced real estate agent to better understand the current market. Schedule a pre-listing inspection. Make your home a “must-have” with staging.

Inspection 73

Inspection Staging Inspection contingency Due diligence 73