article thumbnail

8 Essential Steps to Navigating Escrow in Home Buying

Realty Biz

Navigating the escrow process is a critical aspect of home buying, ensuring a secure and smooth transaction for both buyers and sellers. Escrow acts as a neutral third party that holds funds and documents until all conditions of the home purchase are met. Selling your home can be a bumpy journey.

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. Additionally, you'll need to prepare all necessary documents, such as disclosure forms and title deeds, to ensure a smooth transaction. Paying careful attention to these details leads to successful sales. Let's dig in.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What Legal Documents Will You Need for Buying a House? Here’s Your List

HomeLight

Your agreement with a buyer’s agent may be one of the first legal documents you’ll encounter when buying a home. Dobbs works in Illinois, where buyer representation agreements are not common. Some states require sellers to fill out a seller disclosure statement documenting known repair needs or health and safety hazards in the home.

article thumbnail

What is a Seller’s Disclosure? Here’s Why It’s Important

Redfin

Whether you’re about to purchase a new condo or sell your current home , there is a lot to learn and paperwork to sign. One of these critical documents is called a seller’s disclosure. . A seller’s disclosure, also known as a property disclosure, is a document that sellers are legally required to provide buyers.

article thumbnail

The Ultimate Guide to Buying a House in Texas

Redfin

Due to the state’s thriving economy, low cost of living, and a growing population, Texas has become a magnet for buyers and investors, which has resulted in median sale prices climbing steadily in recent years. to $341,300 and competition slowing down. And if you find your interest between two cities, fear not.

article thumbnail

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. Can FSBO sellers post a yard sign?

article thumbnail

What Must Be Disclosed When Selling a House in Georgia?

HomeLight

Deliberately omitting facts, lying, or attempting to conceal pertinent information can open sellers up to potential litigation if the buyer purchases the home and later finds out the truth. Federal disclosure requirement. that was built prior to 1978 is subject to an additional federal disclosure requirement.