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8 Essential Steps to Navigating Escrow in Home Buying

Realty Biz

The National Association of Realtors (NAR) conducted a survey in October 2022, revealing that approximately 7% of deals in the preceding three months got terminated before reaching the closing stage. During this stage, the buyer, seller, or their respective agents select an escrow agent who will oversee the process.

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How to Sell a House by Owner in Arizona (2022 Updates)

HomeLight

Disclosures: . Arizona law requires sellers to disclose material facts about the property through the Residential Seller Disclosure. According to Arizona’s disclosure form, “if you do not make the legally required disclosures, you may be subject to civil liability.”. No repairs, no staging, no open houses.

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

HomeLight

Transfer Disclosure Statement. The main form to know is the Transfer Disclosure Statement (TDS), as it is considered to be one of the “ most important and well-known ” seller disclosures, according to CAR. While most sellers will need to complete at least some of these forms, there are exemptions to be aware of.

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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. Mortgage statement with payoff amount. Photograph it.

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How to Get Your House Ready to Sell in 30 Days: A Foolproof Playbook

HomeLight

First, determine where you stand on your mortgage by calculating your home equity — the current value of your home minus what you owe on your loan. How do you handle prep work and staging? During the walkthrough, your agent will suggest repairs, staging, and other preparations that will help attract buyers in your particular market. “We

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How to Sell Your House Without a Realtor: 14 Steps to Selling FSBO

HomeLight

Proper staging gives the home a neutral aesthetic that attracts a wide range of buyers. If you follow interior design trends, you may want to stage and style your home yourself. In some cases, agents arrange for staging on your behalf. inspection and loan contingency time frames.

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Selling a House ‘As Is’ in Washington State

HomeLight

Disclosures. Seller Disclosure Statement. A good time to fill out Washington’s Seller Disclosure Statement (colloquially called Form 17 ) is prior to listing your home or requesting an offer so that you know it’s taken care of. Be aware of minimum property standards for certain loans. 638,000 (March 2022).

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