article thumbnail

Under Contract vs. Pending Sale in Real Estate Transactions

Realty Biz

When you're looking to buy a home, you'll likely come across the terms "under contract" and "pending sale." This means that it’s crucial to understand the difference between a pending sale and an under contract and what they mean for a buyer or a seller. This means that the buyer and seller have agreed on the terms of the sale.

Sales 85
article thumbnail

How to Prove a Seller Lied on a Real Estate Disclosure Form

RIS Media

In the world of real estate, the seller’s disclosure is a linchpin of transparency intended to guide informed decision-making for potential buyers. This pivotal document is also referred to as the “sellers disclosure,” “sellers disclosures,” or “sellers disclosure form.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Buyer Beware: Is That House For Sale Haunted?

Windemere Buying

A trope as old as horror movies: a family moves into a beautiful house that they bought for well under market value. Buyer Beware: Is That House for Sale Haunted? Ask to See the Seller Disclosure Form. This case set the standard for future seller disclosures. In fact, a 2017 survey by realtor.com®

article thumbnail

Selling a House ‘As Is’ in Michigan

HomeLight

Ryan Dosenberry , Founder and CEO of Lakeshore Home Buyer , says that sellers unable or unwilling to make repairs is one of the most common reasons houses are sold “as is.” They don’t want to make the repairs themselves to lift the house for sale with a realtor. MLS has a field to mark a listing “as is”?

As-is 91
article thumbnail

8 Powerful Questions From First-Time Home Sellers That Lead to Success!

Realty Biz

We explore everything you should know for a first-time house sale by answering frequently asked questions. It is crucial to thoroughly research the current real estate market and determine a competitive listing price for your property. Paying careful attention to these details leads to successful sales. Let's dig in.

article thumbnail

Should I Tell Buyers My House is Haunted?

Windemere Selling

There’s one central question that haunts sellers who find themselves in this situation: Do I have to disclose that my house is haunted ? Selling a Haunted House All sellers have to provide disclosure forms to illuminate issues with the property and the home listed for sale.

article thumbnail

Proactive Sales: Answer Buyer Questions With a Perfect Listing Information Package

HomeLight

With tips from Sedillo and an introduction to Disclosures.io , one of our favorite resources for real estate agents, you’ll learn everything you need to know about enhancing your sales by answering buyer questions before they even have to ask. A good listing information packet serves as a form of proactive marketing. Square footage.

Sales 96