HomeLight

APRIL 26, 2023

Not having agent representation could also lead to paying more in seller concessions. The first due diligence you want to do is make sure they have proof of funds ,” Graham recommends. You’ll still have selling costs, which may include transfer taxes and settlement fees. Overpricing or underpricing.

MLS 68

MLS Agents Sales Proof of funds 68

HomeLight

DECEMBER 13, 2022

Not having agent representation could also lead to paying more in seller concessions. This includes when crucial information is held back, or if the seller misrepresents the facts about any significant defects within the home or property. According to the Virginia Residential Property Disclosure Act (§ 55.1-700)

Purchase and sale agreement 85

Purchase and sale agreement MLS Agents Sales 85

HomeLight

DECEMBER 6, 2022

Not having agent representation could also lead to paying more in seller concessions. So your due diligence should include contacting the lender to ask about the type of financing and whether the buyer has the qualifications to be approved for a loan. Marketing your home is time-consuming.

Purchase and sale agreement 77

Purchase and sale agreement MLS Pre-approval Agents 77

HomeLight

DECEMBER 6, 2022

Not having agent representation could also lead to paying more in seller concessions. Before signing anything, Knipe says to do your due diligence. In Oregon, a residential property seller is generally required to disclose the condition of the home to the buyer. Marketing your home is time-consuming.

MLS 83

MLS Agents Sales Inspection 83

HomeLight

OCTOBER 1, 2022

Sellers aren’t required to hire a real estate attorney in Ohio, but FSBO sales typically warrant legal and professional oversight of some kind to avoid an abundance of legal risk. For example, in Ohio, you’ll need to meet a number of mandatory disclosures and complete a Residential Property Disclosure form.

MLS 91

MLS Pre-approval Agents Sales 91

HomeLight

OCTOBER 14, 2022

Whether you hire a listing agent or not, the Illinois Residential Real Property Disclosure Act requires sellers to disclose known defects and problems with a property to prospective buyers. Sellers are required to provide disclosures of known problems to buyers before signing the real estate contract. Earnest money, for example.

MLS 72

MLS Agents Sales Mortgage pre-approval letter 72

HomeLight

NOVEMBER 23, 2022

Not having agent representation could also lead to paying more in seller concessions. Before signing anything, you’ll need to do your due diligence to evaluate the terms of the offer and assess whether the buyer’s financing looks satisfactory. This does not necessarily give the seller a free pass, however.

MLS 81

MLS Agents Sales Closing 81