Realty Biz
JULY 1, 2023
During this stage, the buyer needs to conduct thorough inspections, including professional assessments of the home's structure, systems, and potential issues. Additionally, the buyer should carefully review the seller's disclosures, which provide information about the property's history, known defects, and other relevant details.
HomeLight
MARCH 31, 2022
For Sale signs in the yard: Generally allowed, but regulations vary by jurisdiction concerning size, placement, and other limitations. Disclosures: . Arizona law requires sellers to disclose material facts about the property through the Residential Seller Disclosure. Is a real estate attorney required? .
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HomeLight
JULY 29, 2022
If an inspection reveals something that the seller is willing to fix, the closing timeline might need to be negotiated to accommodate for the time it will take the seller to complete the repair. Problem: Seller disclosures reveal something the buyer can’t accept. And if it doesn’t sell, the deal might be off or delayed.
HomeLight
JUNE 30, 2021
An appraisal contingency allows the homebuyer to back out of the contract if the purchase price is more than the appraised value. Home sale contingency. With a home sale contingency , the transaction is contingent on the sale of the buyer’s home.
HomeLight
MARCH 13, 2023
The Florida Supreme Court ruled that the seller of a home must disclose material defects that they know about affecting property value that are not readily observable and known to the buyer. An investor is simply there to make a return on investment.
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