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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 Must Be Disclosed When Selling a House in Georgia?

HomeLight

Georgia home sellers are obligated to inform buyers of any known material defects in the home’s condition that would not be found by a buyer upon reasonable inspection. Once an offer on a home is accepted, the buyer is usually given a specified number of days to inspect the property. What doesn’t need to be disclosed in Georgia?

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What Legal Documents Will You Need for Buying a House? Here’s Your List

HomeLight

Gaining an early understanding of the legal documents for buying a house will help you avoid confusion and keep stress levels to a minimum while you’re in the midst of negotiations , inspections , and closing. In states where seller disclosures are not required, it’s a bit of a “buyer beware” situation. Closing Disclosure.