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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.

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Rent-to-Own Homes Pros and Cons: Is It Worth It?

HomeLight

Get the seller’s disclosures: Your agent can assist you in obtaining any required seller disclosure forms or statements. Talk to your lender: Discuss your situation with a lender to gauge your chances of securing a mortgage by the time the rental period ends. Knowing your options in advance can save a lot of headaches.

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Selling a House ‘As Is’ in Hawaii

HomeLight

Fast facts about selling a house as is in Hawaii Median sales price in Hawaii $1,009,810 (December 2024) Average days on market (DOM) for Hawaii 37 days (December 2024) Disclosures Hawaii law requires sellers to disclose material facts about the property through the Hawaii Sellers Disclosure Statement. Hawaii Rev.

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Selling a House ‘As Is’ in Vermont

HomeLight

This can apply to inherited properties or homes that the seller has never occupied. But if you do end up working with a financed buyer, be aware that different mortgage types (such as conventional loans or government-backed FHA, USDA, or VA loans) have different minimum property standards.

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40 Real Estate Forms You Need to Sell Your House

Redfin

Mortgage and financing documents Youll want to put together all your home loan and financing forms you would have received from your mortgage lender. Particularly youll need the original purchase agreement and deed. These could also include any home equity loans or lines of credit you may have with your lender.

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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 Kentucky

HomeLight

Fast facts about selling a house ‘as is’ in Kentucky Median sales price in Kentucky $285,000 Average days on market (DOM) for Kentucky 13 days Disclosures Kentucky law requires sellers to disclose material facts about the property through the Kentucky Sellers Disclosure of Property Condition MLS has a field to mark a listing “as is”?