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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. After you buy, you’ll also have to keep the Bureau in the loop about updates to your loan, like refinancing.

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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. Richie Helali , a licensed senior mortgage advisor at HomeLight Home Loans , says that closing costs are most often paid through wire transfer or certified check, along with the down payment for your home loan.

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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. The payoff amount is the total you’ll have to pay to satisfy the terms of your mortgage loan, including any interest you owe until the day you plan to pay your loan in full. Comparative market analysis. Manuals and warranties.

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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.