Realty Biz

JULY 1, 2023

The National Association of Realtors (NAR) conducted a survey in October 2022, revealing that approximately 7% of deals in the preceding three months got terminated before reaching the closing stage. During this stage, the buyer, seller, or their respective agents select an escrow agent who will oversee the process.

Purchase and sale agreement 75

Purchase and sale agreement Earnest money deposit Title search Pre-approval 75

RIS Media

DECEMBER 6, 2020

– The cost of flood insurance, if not factored into the financing equation in the early stages of a home search, can make the purchase of a home challenging and many times unattainable. Disclosure: Some states require a seller disclosure that includes information about past flood damage; however, many do not.

Closing 105

Closing Seller disclosure Agents Lending 105

RIS Media

DECEMBER 14, 2020

– The cost of flood insurance, if not factored into the financing equation in the early stages of a home search, can make the purchase of a home challenging and many times unattainable. Disclosure: Some states require a seller disclosure that includes information about past flood damage; however, many do not.

Closing 85

Closing Seller disclosure Lending Staging 85

Kyle Handy

MAY 10, 2023

You don’t have to be a finance major to make it happen. Drop Off the Pre-Listing Package Once you have completed your comparative market analysis, now’s a good time to go drop off a real estate pre-listing package (for occupied homes) A pre-listing package is a “surprise” bonus and sets the stage for your appointment.

Pre-approval 98

Pre-approval Seller disclosure Agents As-is 98

HomeLight

MARCH 31, 2022

Disclosures: . Arizona law requires sellers to disclose material facts about the property through the Residential Seller Disclosure. According to Arizona’s disclosure form, “if you do not make the legally required disclosures, you may be subject to civil liability.”. No repairs, no staging, no open houses.

Purchase and sale agreement 93

Purchase and sale agreement Inspection MLS Inspection contingency 93

HomeLight

JANUARY 10, 2023

Transfer Disclosure Statement. The main form to know is the Transfer Disclosure Statement (TDS), as it is considered to be one of the “ most important and well-known ” seller disclosures, according to CAR. While most sellers will need to complete at least some of these forms, there are exemptions to be aware of.

Purchase and sale agreement 94

Purchase and sale agreement Natural hazards disclosure Inspection Title 94

HomeLight

OCTOBER 20, 2022

This establishes your ownership, along with details such as purchase price and previous seller disclosures. Many FSBO sellers will purchase a pre-listing appraisal. A HomeLight survey of top agents revealed that 67% report that staged homes sell for 1% to 10% more. These are often problems with titling or financing.

Purchase and sale agreement 104

Purchase and sale agreement Pre-approval Inspection MLS 104