HomeLight

FEBRUARY 9, 2023

If you need assistance navigating the legalities of what to include on a home seller disclosure form in New York State, HomeLight always encourages you to reach out to your own advisor. The home seller is often legally required to share any issues or problems within their knowledge. Fortunately, you’ve come to the right place.

Purchase and sale agreement

HomeLight

DECEMBER 30, 2021

Some states require sellers to fill out a seller disclosure statement documenting known repair needs or health and safety hazards in the home. This can include anything from knowledge of lead-based paint or asbestos, to the seller’s awareness of water damage in the basement, a leaky roof, or damaged plumbing.

Purchase and sale agreement

Redfin

AUGUST 3, 2021

If you work without an agent, can you only buy homes that are for-sale-by-owner (FSBO)? If you buy without a real estate agent, will the seller’s agent keep the extra commission? Real estate agents have the industry knowledge and experience to navigate a home sale, so they can offer insights on what you should expect.

Agents

HomeLight

APRIL 29, 2022

“Some people have a lot more time and energy to engage and make the best of the sale, and some people don’t,” says George Graham , a top real estate agent in the Seattle, Washington, area. An as-is home sale often indicates that the home has some “big-ticket items” that won’t pass the required inspection or appraisal, he adds.

As-is

HomeLight

JANUARY 30, 2025

Fast facts about selling a house as is in Austin Median sales price in Austin $552,000 Average days on market (DOM) for Austin 85 Disclosures Texas law requires sellers to disclose material facts about the property through the Sellers Disclosure Notice. MLS has a field to mark a listing as is?

As-is

HomeLight

OCTOBER 30, 2020

You go to investigate the root cause of the water intrusion and discover something worse than wet carpet: evidence that the seller likely knew about the issue and told you nothing (nada! This is the exact type of unfair scenario that seller disclosures are supposed to protect you from as a homebuyer. Full disclosure.

Seller disclosure

HomeLight

OCTOBER 12, 2022

If you need assistance navigating the legalities of what to include on a home seller disclosure form in Utah, HomeLight always encourages you to reach out to your own advisor. With median sales prices rising 24.2% What is a seller’s disclosure? Is a seller’s disclosure form required in Utah?

Seller disclosure

HomeLight

OCTOBER 17, 2022

Buyers will want to pay close attention to the contents of their property’s disclosure form, but it isn’t an end-all, be-all guarantee to the condition of the home, warns Smith. She advises that a buyer may need to do more due diligence in inspecting the property closely because “the seller doesn’t always know the answers.”.

Seller disclosure

HomeLight

OCTOBER 17, 2022

Meaning, buyers are charged with performing due diligence during real estate transactions to ensure they’re buying a product they’re satisfied with. Home sellers in the state only need to disclose defects in the property that cannot be readily discovered by reasonable investigation. This is known as the due diligence period.

Purchase and sale agreement

Redfin

MARCH 14, 2022

Before the seller’s disclosure is signed, the buyer can still back out of the deal. How a seller’s disclosure can impact a home sale. The seller’s disclosure can significantly impact the home selling process if a property has substantial issues. What are the standard real estate disclosures?

Purchase and sale agreement

RIS Media

SEPTEMBER 20, 2021

Connecticut requires by law that sellers disclose flood hazard and inland wetland designations along with fire and smoke damage, but does not mandate anything regarding past flooding events or damage, or whether flood insurance is required on that property. DELAWARE — GRADE: C. NEW HAMPSHIRE — GRADE: F. ” Snierson v.

Design

HomeLight

JULY 29, 2022

There are certain properties I would immediately order a title search before I do anything else: A foreclosure , a short sale , a bankruptcy, an estate sale,” Houck says. What if you get to the closing table… and it turns out the seller doesn’t actually have the full rights to make the sale?

Closing