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Under Contract vs. Pending Sale in Real Estate Transactions

Realty Biz

When you're looking to buy a home, you'll likely come across the terms "under contract" and "pending sale." This means that it’s crucial to understand the difference between a pending sale and an under contract and what they mean for a buyer or a seller. This means that the buyer and seller have agreed on the terms of the sale.

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Home, Sour Home: How Homebuyers Can Avoid a ‘Lemon’

HomeLight

But there are protections in place that are designed to prevent the sale of a “lemon” house equivalent. Seller disclosures. In many states, seller disclosure forms are required to complete a real estate transaction. Inspections. Basic home inspections don’t cover everything , though. Home warranties.

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What Does As-Is Mean When House Hunting? And When Should Buyers Consider an As-Is Home?

HomeLight

Sometimes it’s just certain components, which will generally be flagged as the as-is part of the sale. These components are often due for an upgrade or repair, but the seller would rather pass the responsibility on to the buyer rather than deal with it themselves. Get an inspection before you make an offer.

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How to Sell a House by Owner in California (2023 Updates)

HomeLight

With such impressive sales figures, some sellers may be curious about how to sell a house by owner in California — a decision that could help them save on agent commissions. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Can FSBO sellers post a yard sign?

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

HomeLight

price increase , pushing median sale prices to upward of $350,000. With such impressive sales figures, some sellers may be curious about how to sell a house by owner in Arizona — a decision that could help them save on agent commissions. Median sales price: $449,900 (Feb. Disclosures: . 2022 , a 28.5%

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

HomeLight

Whatever your reason for needing a quick sale without making a substantial investment, the Orlando real estate market is teeming with cash buyers ready to make a deal no matter your home’s condition. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready.

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

HomeLight

For Sale By Owner (FSBO). Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. They protect [the seller] from a lawsuit.” Original sales contract. Seller’s Net Sheet. Pre-inspection.