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What is Due Diligence in Real Estate?

Redfin

Home appraisal If the buyer is financing the home, the lender will usually require a home appraisal to ensure the home’s value supports the loan amount. Review of seller disclosures Sellers are required in most cases to provide a written disclosure detailing any known issues with the property.

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40 Real Estate Forms You Need to Sell Your House

Redfin

Pre-listing home inspection As the seller, it may be helpful to get an inspection of your home done before selling your home , though in most markets the buyer will pay for a home inspection and most states do not require a pre-listing home inspection. Particularly youll need the original purchase agreement and deed.

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Selling a House ‘As Is’ in Kentucky

HomeLight

Fast facts about selling a house ‘as is’ in Kentucky Median sales price in Kentucky $285,000 Average days on market (DOM) for Kentucky 13 days Disclosures Kentucky law requires sellers to disclose material facts about the property through the Kentucky Sellers Disclosure of Property Condition MLS has a field to mark a listing “as is”?

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8 Essential Steps to Navigating Escrow in Home Buying

Realty Biz

Providing documentation of pre-approval - Providing proof of pre-approval from a lender will show that they're ready and willing to lend money when needed during escrow. This stage involves working closely with a mortgage lender or financial institution to assess eligibility and secure a suitable loan.

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How to Buy a Home Without a Real Estate Agent

Redfin

However, if you’ve done your homework, can offer proof of finances, and have all your paperwork in order (such as a pre-approval), you’ll raise your chances of a good reception from a home seller. You don’t pay for your agent anyway; the seller does. Get pre-approved for a home loan.

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What’s Required to Sell a House Without a Realtor?

HomeLight

This establishes your ownership, along with details such as purchase price and previous seller disclosures. Many FSBO sellers will purchase a pre-listing appraisal. The buyer’s lender will probably require their own appraisal as part of their loan approval process. Pre-inspection. Purchase agreement.

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The Ultimate Guide to Buying a House in Texas

Redfin

There are various programs available for first-time homebuyers in Texas, including the TDHCA: My First Texas Home , which can assist with a down payment of up to 5% of the loan amount. Get pre-approved from a lender One of the most important steps you can do for yourself is to get pre-approved for a mortgage loan.