HomeLight

MAY 28, 2021

Seller disclosures. In many states, seller disclosure forms are required to complete a real estate transaction. Each state has different requirements , but basically the seller is required to tell the buyer of any known problems with the house. This isn’t recommended.

Inspection contingency 107

Inspection contingency Inspection Seller disclosure Due diligence 107

Realty Biz

JULY 25, 2023

Besides a home inspection contingency, some common contingencies include: Appraisal contingency: This contingency allows the buyer to back out of the sale if the property doesn't appraise for the agreed-upon price.

Sales 87

Sales Inspection Inspection contingency Backup offer 87

Hank Miller Team

DECEMBER 1, 2021

Buyers were/are so stressed to secure a home that some toss caution to the wind; overpaying, waiving finance contingencies, inspection contingencies and more. The frenzied real estate market of '20-'21 exacerbated the issues found in normal markets. Water and foundation issues are very common, some obvious and some not so much.

Inspection contingency 52

Inspection contingency Seller disclosure Due diligence Inspection 52

HomeLight

FEBRUARY 28, 2021

Minimal seller disclosures. Virginia requires a seller to disclose material defects , but not latent defects. Waive home inspection contingencies — but NOT the home inspection. Waive appraisal and finance contingencies. Offer a rent-back clause to the seller.

Earnest money deposit 105

Earnest money deposit Land Residential Inspection contingency 105

HomeLight

MARCH 31, 2022

Disclosures: . Arizona law requires sellers to disclose material facts about the property through the Residential Seller Disclosure. Buyers may ask for the offer to be contingent on other factors, such as the sale of their existing home or their ability to obtain financing. Is a real estate attorney required? .

Purchase and sale agreement 110

Purchase and sale agreement Inspection Inspection contingency MLS 110

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. Home inspection report. Be sure to check your state laws for any additional documentation and forms that may be required. Original sales contract.

Purchase and sale agreement 111

Purchase and sale agreement Pre-approval Inspection Title 111

HomeLight

NOVEMBER 29, 2021

Real estate agreements typically include “ time is of the essence ” verbiage that requires both the buyer and seller to fulfill contractual commitments within a stated time frame. Selling with an agent: Agents typically coordinate inspection appointments with the buyer’s agent and ensure that the timeline suits the seller.

Purchase and sale agreement 98

Purchase and sale agreement MLS Inspection Agents 98