Realty Biz

JULY 11, 2022

But even before closing, you’ll need to pay for a professional inspection out of your pocket. Help to navigate the professional home inspection report. The inspection report does not come with a pass/fail grade. You are almost certainly going to want an agent’s opinion about the inspection report.

Agents 88

Agents Agents Inspection VA loan 88

HomeLight

OCTOBER 19, 2022

If you need assistance navigating the legalities of what to include on a home seller disclosure form in California, HomeLight always encourages you to reach out to your own advisor. California has complex disclosure requirements for home sellers. What is a seller’s disclosure? Does that sound like you?

Seller disclosure 85

Seller disclosure Purchase and sale agreement Agents Agents 85

HomeLight

OCTOBER 31, 2022

In a nutshell, Niakan says, the disclosure form is a handy way to get honest about what you do know — and not worry about what you don’t. Let’s jump into what you need to know about Florida’s seller disclosure form — and what it means for sellers, and buyers, in the Sunshine State. The truth will set you free,” he says.

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Seller disclosure Agents Agents Closing 86

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. Check your state’s specific disclosure laws. Pre-inspection. Home inspection report. Stand by for inspection. Original sales contract.

MLS 102

MLS Purchase and sale agreement Inspection Agents 102

The Residential Specialist

OCTOBER 24, 2022

Check the seller disclosure and inspection reports very closely. If there is question regarding any of the materials, or if the house was built before 1974, I’d recommend enlisting a certified contractor to come and inspect on top of the general inspection.”.

Inspection 59

Inspection Seller disclosure Agents Agents 59

HomeLight

OCTOBER 17, 2022

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?

Purchase and sale agreement 93

Purchase and sale agreement Due diligence Inspection Agents 93

HomeLight

OCTOBER 20, 2022

If you need assistance navigating the legalities of what to disclose when selling a home in New Jersey (NJ) or using seller disclosure forms, HomeLight always encourages you to reach out to your own advisor. If the seller’s home was built in 1979 or afterward, the form is not required. Joanne Botwinick. Real Estate Agent.

Inspection 92

Inspection Purchase and sale agreement Agents Agents 92

HomeLight

FEBRUARY 9, 2023

If you need assistance navigating the legalities of what to include on a home seller disclosure form in New York State, HomeLight always encourages you to reach out to your own advisor. The buyer also signs the disclosure to confirm receipt, and it is then attached to the signed purchase contract.

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Purchase and sale agreement Agents Agents Inspection 83

HomeLight

AUGUST 16, 2021

Get an inspection before you make an offer. While your seller might not be dishonest, they may not be fully aware of all the issues with the home. Get an inspection before you make an offer so you can factor in the time and expense of making any repairs. Add an inspection contingency. Check the CLUE report.

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As-is Inspection Agents Agents 122

HomeLight

DECEMBER 30, 2021

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.

Purchase and sale agreement 83

Purchase and sale agreement Loans Mortgages Agents 83

HomeLight

JANUARY 10, 2023

FSBO sellers in California may consider getting a home inspection prior to listing their home for sale. However, be aware that if you get a pre-listing inspection, you will be required to share relevant findings with buyers and how you did or did not address them. Transfer Disclosure Statement.

Purchase and sale agreement 91

Purchase and sale agreement Agents Agents Appraisal 91

Lighter Side of Real Estate

FEBRUARY 17, 2023

When filling out the sellers disclosure form about things you know are wrong with the house, you should: a) Only list the things you think are obvious and that the buyer or their inspector will actually notice or figure out. a) The one who had the highest suggested listing price. c) The one who has the nicest car.

Agents 93

Agents Agents Renovation Seller disclosure 93

HomeLight

OCTOBER 17, 2022

If you need assistance navigating the legalities of what to include on a PA seller disclosure form, HomeLight always encourages you to reach out to your own advisor. So, you’re getting ready to sell your Pennsylvania home, and among the many documents you’ll be signing in the process is a disclosure statement.

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Purchase and sale agreement Agents Agents Inspection 90

Realty Biz

OCTOBER 28, 2022

This is a red flag if your agent is constantly late or misses showings, open houses, inspections, appraisals, or other occurrences. Sellers must provide accurate information on the seller's disclosure. Lack of effort can delay a sale or worse, buyers can lose out on the home of their dreams. They Just Aim to Please.

Agents 90

Agents Agents Seller disclosure MLS 90

HomeLight

NOVEMBER 10, 2021

When it’s time for the inspection, they’ll reassure you that a damp basement is normal for the town, or tell you to get it checked out by a professional. Step 9: Order an inspection. Even if your offer included a promise to not request repairs after an inspection, you should still get one, if only for informational purposes.

Agents 87

Agents Agents Inspection Mortgages 87

HomeLight

OCTOBER 18, 2022

Discuss inspection contingency. To determine how much you will make, first, you need to know: What expenses and closing costs sellers in California can expect. Pre-listing inspection. 1% to 2% of sale price (negotiable between buyer and seller ). You are responsible for many disclosures when selling a home in California.

Purchase and sale agreement 91

Purchase and sale agreement Agents Agents Appraisal 91

Redfin

AUGUST 3, 2021

If you can negotiate with the seller to lower the price of the home in exchange for them having to pay nothing to a buyer’s agent, then that’s money you can save. Do you need an agent to be present for inspections and appraisals? Review the seller disclosure . Deal with inspections and appraisals.

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Agents Agents Pre-approval Pre-approval 73

HomeLight

JULY 29, 2022

Suppose that property has become something that requires flood insurance and the seller didn’t know it because they never had to buy flood insurance — that could create a problem. So get a contract, then call for a home inspection, and then call the insurance company — those are the calls that you make before you do anything else.”.

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Closing Purchase and sale agreement Appraisal Home sale contingency 105

HomeLight

MARCH 31, 2022

Disclosures: . Arizona law requires sellers to disclose material facts about the property through the Residential Seller Disclosure. FSBO sellers in Arizona may consider getting a home inspection prior to listing their home for sale. Is a real estate attorney required? . Closing date. Earnest money.

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Purchase and sale agreement Agents Agents Appraisal 90

HomeLight

NOVEMBER 29, 2021

inspection and loan contingency time frames. 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. Schedule inspection appointments with the buyer. Source: (Zac Gudakov / Unsplash). termite and pest.

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Purchase and sale agreement MLS Agents Agents 82

HomeLight

FEBRUARY 28, 2021

Know what to watch for during an inspection. There are specific red flags buyers need to watch for during the inspection stage when they buy a house in Miami Beach. If you want to buy a house in Miami Beach, be sure to get a good inspection company. “We Expect to pay anywhere from $75-$200 for a full inspection. .

Inspection 62

Inspection Residential Agents Agents 62

HomeLight

MARCH 13, 2023

You don’t need the added stress of waiting for the buyer’s mortgage approval or a home inspection turning up any unpleasant surprises. With a cash home buyer, there are usually no financing or inspection contingencies typically found in traditional real estate contracts. The option period is negotiated between buyer and seller.

Sales 79

Sales Investor Renovation Agents 79

HomeLight

JUNE 30, 2021

Contingencies are certain conditions that must be met before the closing date and typically relate to financing, inspections, appraisals, and home sale. Inspection contingency. A professional home inspection gives the buyer the opportunity to uncover any potential problems with the house before purchasing. Financing contingency.

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Purchase and sale agreement Agents Agents Appraisal 80

HomeLight

APRIL 29, 2022

An as-is home sale often indicates that the home has some “big-ticket items” that won’t pass the required inspection or appraisal, he adds. Disclosures. Seller Disclosure Statement. According to the document, the seller must disclose any existing material facts or defects based on their knowledge.

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As-is Purchase and sale agreement Agents Agents 69

HomeLight

FEBRUARY 26, 2021

Pro photos are a standard offering for most brokerages, and 75% of top agents report that they’ve provided complimentary staging services to their sellers in the past, either by offering their own staging expertise or by partnering with a staging pro in the area. Get a pre-listing inspection to avoid a surprise price reduction.

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Agents Agents Inspection Staging 78

HomeLight

JANUARY 5, 2022

You can do a cursory inspection of your home and take note of any areas that show signs of wear or damages. Though not every state requires seller disclosures. On the federal level, sellers aren’t legally required to disclose asbestos , but that doesn’t mean the state or local municipality won’t require a disclosure.

Agents 85

Agents Agents Seller disclosure Inspection 85

HomeLight

FEBRUARY 28, 2021

Minimal seller disclosures. Virginia requires a seller to disclose material defects , but not latent defects. “In A home inspection can help buyers get a good grasp of the home’s condition. Waive home inspection contingencies — but NOT the home inspection. Offer a rent-back clause to the seller.

Appraisal 96

Appraisal Residential Agents Agents 96

Realty Biz

AUGUST 24, 2020

The first thing you want to do is fully understand the seller disclosure laws that apply to any house that you are looking at. Although the seller lists a house “As-Is,” they still have a legal obligation to disclose all known defects to you. You don’t want to skimp on the inspection.

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Due diligence Seller disclosure Agents Agents 57

RIS Media

SEPTEMBER 20, 2021

Connecticut requires by law that sellers disclose flood hazard and inland wetland designations along with fire and smoke damage, but does not mandate anything regarding past flooding events or damage, or whether flood insurance is required on that property. DELAWARE — GRADE: C. ” INDIANA — GRADE: C. ” In Keefhaver v.

Agents 99

Agents Agents Purchase and sale agreement Inspection 99

HomeLight

JANUARY 29, 2021

Misrepresenting their availability to show or inspect a listed property. Review your state’s specific disclosure requirements for more information on seller disclosures. If you require legal advice on a complicated disclosure issue, consult a licensed attorney. Delaying the submission of a counteroffer.

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Agents Agents Purchase and sale agreement Seller disclosure 87

HomeLight

DECEMBER 29, 2020

Seller disclosures as required by your state or local MLS, which may include: Knowledge of structural or material defects. Recent inspection reports. When it’s time to assemble your listing information packet, start with the basics: Home specs. Square footage. Bedrooms and bathrooms. Asking price. Water damage. Water damage.

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Agents Agents Sales Renovation 92

HomeLight

OCTOBER 25, 2022

It also features phone and email support, as well as seller disclosures. 1% Commission Platinum – This is a full-service option that tacks on negotiations, a pre-sale inspection, repair coordination, in-person reviews, and full-service representation.

MLS 87

MLS Agents Agents Sales 87

HomeLight

APRIL 29, 2022

Inaccurate disclosures. Typically, sellers are required to disclose known material defects with their properties — particularly issues that may not show up on a pre-purchase inspection.

Agents 86

Agents Agents Purchase and sale agreement Seller disclosure 86

HomeLight

NOVEMBER 3, 2022

Navigating any issues that may come up with the appraisal or inspection. Providing appropriate disclosures. Additional service notes: Provides Comparative Market Analysis to sellers. Provides documents and paperwork for seller disclosures. Can guide you through inspection pitfalls. List with Freedom.

MLS 82

MLS Agents Agents Purchase and sale agreement 82

HomeLight

OCTOBER 30, 2020

Day 24: Schedule a pre-listing home inspection. Traditionally, a home inspection takes place after a buyer has made an offer on your house. Once the buyer receives the home inspection report, they often will try to negotiate a lower price based on needed or upcoming repairs.

Agents 77

Agents Agents Staging Inspection 77

Realtor.com

AUGUST 26, 2022

AndreyPopov/iStock Can a home buyer sue a seller for failure to disclose information about the house? If the seller fails to disclose a problem to you during the property transfer process, should you start calling lawyers, or can you settle this issue yourself outside of a courtroom?

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Purchase and sale agreement Residential Sales Agents 98

HomeLight

SEPTEMBER 19, 2022

It’s kinda like how, at least here in Washington state, every seller fills out the same seller disclosures form. The UAD gives appraisers standard definitions and responses to use on their reports. It keeps those reports consistent. We’re gonna link to that in today’s show notes.

Appraisal 101

Appraisal Agents Agents Renovation 101