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Massachusetts set to bar home sellers from requiring inspection waivers

Housing Wire

Massachusetts homebuyers will soon be protected from being pressured into waiving home inspections under new regulation. It also prevents sellers from accepting offers if they are informed in advance that the buyer intends to forgo an inspection. A home inspection is an important step in buying a property.

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The Advice First-Time Homebuyers Need To Hear

Keeping Current Matters

Tip #1: Get Pre-Approved First Rocket Mortgage says this is one of the most common mistakes first-time buyers make. With your lender’s help, you’ll be able to get pre-approved for your home loan. But skipping the inspection just to make your offer look stronger is a gamble that could cost you.

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From consultation to closing: The definitive homebuying checklist

Housing Wire

Secure a mortgage pre-approval As a rule of thumb, its best to have your clients obtain a mortgage pre-approval prior to setting up any searches and conducting property tours. Required documentation Save your clients some time by providing them with a list of the documents theyll need to get pre-approved.

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Real estate newsletters: The ultimate playbook (+ 49 topic ideas & subject lines)

Housing Wire

Save time with pre-written newsletters from Market Leader Don’t have time to write three or more newsletters every month? Check out some fantastic pre-built designs on sites like Canva or Etsy. How about that pest control service you used for your clients termite inspection? Need some great ideas?

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How to Buy Land in 8 Steps: A Guide for Investors

The Close

Buying vacant land can be a wise investment with great returns if you plan carefully and understand what’s involved. While land can be a relatively cheap and low-effort investment compared to a house, making money from it might be trickier. Check access: Make sure you have legal access to the land. It helps to be in the know.

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What is a Short Sale in Real Estate? A Guide for Buyers and Sellers

Redfin

For sellers , a short sale has to be approved in advance by the lender. However, they have key differences: Short sale The homeowner initiates the short sale by submitting financial information to their lender, who approves the short sale. These properties are also usually sold as-is , so pre-listing repairs are often not completed.

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What is Due Diligence in Real Estate?

Redfin

You can schedule inspections, review the title, secure an appraisal, and check for any red flags that could affect your decision to buy. This timeframe grants the buyer permission to thoroughly inspect the property. It’s typically refundable if the buyer backs out for a valid reason like inspection or financing issues.