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What is Due Diligence in Real Estate?

Redfin

It’s a crucial period to verify the property’s condition, ensure it meets expectations, and meet any financing requirements set by the lender. In some states, buyers may also pay due diligence money—a non-refundable fee paid directly to the seller in exchange for this inspection window. Pay the difference out-of-pocket.

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40 Real Estate Forms You Need to Sell Your House

Redfin

15 documents to have before listing your home Collect paperwork that highlights your homes selling points for an accurate pricing strategy, additional documentation to pass on to the new owners and other real estate forms required for the sale. Particularly youll need the original purchase agreement and deed.

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Buying a House with Unpermitted Additions: What You Need to Know

Redfin

Unpermitted work can affect everything from your finances to your future plans for the home. Insurance and financing challenges Before you close on a home, your lender will likely send out an appraiser to confirm the home’s value. Unpermitted additions can also trigger seller disclosure concerns.

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Selling a House ‘As Is’ in Rhode Island

HomeLight

The most common request I get for as-is sales, are situations where a house is in significant disrepair. A seller [that] just doesn’t want to make repairs and wants to sell the house as-is, says Connor Dowd , a top-performing Rhode Island agent with 26 years of experience. Its much more common than you might think!

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8 Essential Steps to Navigating Escrow in Home Buying

Realty Biz

Navigating the escrow process is a critical aspect of home buying, ensuring a secure and smooth transaction for both buyers and sellers. Escrow acts as a neutral third party that holds funds and documents until all conditions of the home purchase are met. Selling your home can be a bumpy journey.

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Selling a House ‘As Is’ in Washington State

HomeLight

“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.

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How to Sell a House by Owner in Arizona (2022 Updates)

HomeLight

price increase , pushing median sale prices to upward of $350,000. With such impressive sales figures, some sellers may be curious about how to sell a house by owner in Arizona — a decision that could help them save on agent commissions. Median sales price: $449,900 (Feb. Disclosures: . 2022 , a 28.5%