article thumbnail

8 Essential Steps to Navigating Escrow in Home Buying

Realty Biz

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.

article thumbnail

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

HomeLight

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. Get a Cash Offer for Your Home in Arizona.

article thumbnail

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

HomeLight

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 agent-assisted sale takes much longer as the process involves prep work , staging , showings, and open houses.

Sales 84