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

HomeLight

The median price of a California home hit $777,500 in November 2022 , which is a 3% decrease from the previous month, a sign that higher interest rates are slowing the real estate market in California. Moreover, homes are sitting on the market for longer and inventory is increasing. Average time on market: 24 days (November 2022).

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Flood Plains, High Winds, and Leased Land: Your Guide to Buying a House in Palm Springs

HomeLight

In California, sellers are required to provide buyers with a natural hazard disclosure report. This will tell you if the home is in an earthquake zone, fire hazard zone, high wind zone, flood zone, and so on. Get your home inspected. And he says it’s not just the inside of the home you need to inspect thoroughly.

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The Key Paperwork You Need to Sell a House, With or Without a Realtor

HomeLight

Comparative market analysis. Proposed marketing plan. Mandatory disclosures. Pre-listing inspection report. Home inspection report. A new contract can be signed without the old contract, and the new buyer will conduct new inspections and obtain a new title insurance policy.”. Comparative market analysis.

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How Much Are Closing Costs in California?

HomeLight

Your California dream home has just come on the market, and you’re eager to make an offer. Common seller concessions include home warranty, home inspection fees, repair credits, and insurance for earthquakes and other natural disasters. The rate could go from 7% to 6.5% 2,942-$5,884 (20% down payment) 0.5%-1% 602 (1,500 sq.

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Selling a House ‘As Is’ in California

HomeLight

Average days on market for California. Disclosures. California law requires sellers to disclose material facts about the property through the California Association of Realtors Real Estate Transfer Disclosure Statement and natural hazards in the Natural Hazard Disclosure Report/Statement.

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What You Need to Know About Selling Your House in California

HomeLight

Fear of the unknown can cause sellers high-level anxiety, especially in a shifting housing market. This article will walk you through how to price your home, disclosures, and other documents. If you’re selling on the open market , pricing your home right is one of the most critical steps. Less time on the market.

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What Must Be Disclosed When Selling a House in California?

HomeLight

Some states have laws that require the seller to complete a disclosure statement or notice, and others do not. Find a Top Agent to Help You Navigate Disclosures. Is a seller’s disclosure required in California? California Civil Code §1102 requires a seller’s disclosure. Find Agent. Get Estimate.