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Natural Hazard Disclosure Report (NHD): Disclosing Disaster Risk When You Sell a House

HomeLight

If you need assistance completing California’s Natural Hazard Disclosure (NHD) Statement and Disclosure Report, HomeLight encourages you to reach out to a professional advisor. Let’s break down the contents of this document and explain its uses so you can keep your home sale on track. Why do I need an NHD report?

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

HomeLight

With such impressive sales figures, some sellers may be curious about how to sell a house by owner in California — a decision that could help them save on agent commissions. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Fast Fasts for Selling a House in California.

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Disastrous Disclosures

The Residential Specialist

It is necessary to fully disclose all information important to the sale and that may affect a buyer’s decision to purchase,” he says. Real estate professionals have a duty to disclose hazards, defects and other various factors or otherwise risk facing a lawsuit for damages.”. It’s the ethical thing to do.”.

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Flood Plains, High Winds, and Leased Land: Your Guide to Buying a House in Palm Springs

HomeLight

A shortage of homes for sale. As Hamilton says, “right now, our inventory is half what it was a year ago, so the number of homes available for sale is really low.”. Talk to your agent about whether they think the sales price is fair; an appraisal can protect you from overpaying for a house.). Part of the reason?

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7 Key Things About Seller Disclosures Every Homebuyer Should Know

HomeLight

Full disclosure forms are typically several pages long and ask in-depth, multi-part questions on topics like roof age, repair history, and homeowners’ association fees. For example, California has some of the nation’s strictest seller disclosure requirements. Disclosure-disclaimer.

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How Much Are Closing Costs in California?

HomeLight

When it comes to who pays closing costs in California, both buyers and sellers are responsible for certain fees in a home sale transaction. Common seller concessions include home warranty, home inspection fees, repair credits, and insurance for earthquakes and other natural disasters. 2,942-$5,884 (20% down payment) 0.5%-1%

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The Key Paperwork You Need to Sell a House, With or Without a Realtor

HomeLight

Even if you’re listing your home without a Realtor’s® help, you’ll still need to gather the necessary paperwork for the sale and fill it out correctly. We hope it helps illuminate this tricky part of the sale, while giving you an honest idea of just how complex real estate transactions can be! Original sale contract.