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What Legal Documents Will You Need for Buying a House? Here’s Your List

HomeLight

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.

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25 Nightmare Scenarios That Can Disrupt Closing (And How to Avoid Them)

HomeLight

When you’re buying a house, the list of what can go wrong at closing includes everything from issues with the mortgage loan and buyer’s credit, insurance snags, appraisal problems, title claims, and events beyond everyone’s control (such as natural disasters, or buyer or seller illness or death).

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Find Cash Home Buyers in Orlando for a Fast, Simple Sale

HomeLight

Home-buying companies generally pick up closing costs including title search and title insurance that usually range from 1.5% Joseph also pays back property taxes, probate fees, and even liens, thus saving the seller thousands of dollars. Both parties sign a contract and submit it to a title company.

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Selling a House ‘As Is’ in Washington State

HomeLight

Disclosures. Seller Disclosure Statement. A good time to fill out Washington’s Seller Disclosure Statement (colloquially called Form 17 ) is prior to listing your home or requesting an offer so that you know it’s taken care of. The sellers frequently don’t have the money to spare. 638,000 (March 2022).

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