article thumbnail

8 Essential Steps to Navigating Escrow in Home Buying

Realty Biz

Additionally, the buyer should carefully review the seller's disclosures, which provide information about the property's history, known defects, and other relevant details. Step 5: Securing Home Financing One of the critical steps in the home-buying process is obtaining the necessary financing to purchase the property.

article thumbnail

Here’s How You Can Make an Offer On a House Without a Realtor® in 9 Steps

HomeLight

There are a number of factors to consider, and you’ll need to assess your finances and take your priorities into account. Contingencies are certain conditions that must be met before the closing date and typically relate to financing, inspections, appraisals, and home sale. Financing contingency. Title contingency.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What’s Required to Sell a House Without a Realtor?

HomeLight

This establishes your ownership, along with details such as purchase price and previous seller disclosures. Many FSBO sellers will purchase a pre-listing appraisal. Preliminary title report. Mandatory disclosures. If the buyer is financing the purchase, they’ll typically want to conduct an inspection.

article thumbnail

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

HomeLight

You are either replumbing the house, rewiring the house, or putting a new roof on the house prior to closing so that a financed buyer can get insurance. There’s just so much less risk with a cash offer than with a financed offer that it is night and day,” says Spray. Both parties sign a contract and submit it to a title company.

Sales 83