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Now, the new owner is suing the real estate agent and seller for fraud by questioning if the garage was legally converted into a living space because it is not up to code. That implies the seller, agent, and buyer don’t agree on the facts. MORE
Crazily enough, 77% of sellers hire the first agent they meet with, according to 2020 data from the National Association of Realtors, and 67% of sellers go with an agent just because a friend or family member referred them. MORE
If you want to buy a house in Arlington, you’ll have to factor in a higher cost of living and housing prices in this seller’s market, where the average listing sells in several days. Minimal seller disclosures. Offer a rent-back clause to the seller. MORE
Sedillo’s sellers didn’t want the future buyers to be alarmed if they noticed water collecting in the yard, so she encouraged her clients to write a letter explaining that a solution was already in place. Finally, she asks her sellers to write a letter to the future buyer. MORE
– Lawsuits triggered by lack of disclosure are more and more common and affect E&O insurance claims and create liability for the real estate broker. Disclosure: Some states require a seller disclosure that includes information about past flood damage; however, many do not. MORE
Agent Brokerage New Agent Month Select Service Teams arm as is blind offer Buyer concessions David Parnes Escalation clauses James Harris MLS new agent real estate terminology real estate terms seller concession seller disclosure Seller leaseback theme-month-202107 MORE
Agents need to know and plan for what’s required of them with regard to natural disaster disclosures. Disclosure do’s and don’ts. Generally, the only information that doesn’t have to be disclosed is information about which sellers are ignorant. “A MORE
For instance, while real estate agents are experts on local housing markets, they do not have a license to answer questions about legal and financial issues that affect sellers. In most states, sellers are required to disclose any known material defects of their home to buyers. MORE
In an effort to protect buyers, Realtor associations across the country are rolling out increasingly strict disclosure guidelines. Smart listing agents will pay attention and help sellers disclose everything. MORE
Miami is known for hurricanes, and Sidorevskaya recommends that buyers should always have a seller disclosure to state if they’ve experienced flooding or mold. MORE
Seller disclosures. In many states, seller disclosure forms are required to complete a real estate transaction. Each state has different requirements , but basically the seller is required to tell the buyer of any known problems with the house. MORE
You go to investigate the root cause of the water intrusion and discover something worse than wet carpet: evidence that the seller likely knew about the issue and told you nothing (nada! These disclosures usually must be made upfront and in writing. Full disclosure. MORE
When you set out to sell a house, most states require you to make certain “disclosures.” Disclosures refer to any “material defects” in the home, and in many states you will be held liable if you don’t tell the buyer about them upfront. Idaho: Property Condition Disclosure Form. MORE
Selling Disclosures. One way this happens is through selling disclosures that must be presented to the buyer before the transaction closes. MORE
A lot of times, sellers think, based on home shows, that they should do this or that. Hudson explains how her team helps sellers prepare for the listing photos: “We have a photo prep list that we send to our clients. Day 27: Fill out required seller paperwork. MORE
Having a mortgage preapproval letter before making an offer on a house will show the seller that you’re a serious buyer. Once you know what the seller wants, you’ll better understand whether you should offer more or less than the asking price. Who is the seller? MORE
– Lawsuits triggered by lack of disclosure are more and more common and affect E&O insurance claims and create liability for the real estate broker. Disclosure: Some states require a seller disclosure that includes information about past flood damage; however, many do not. MORE
Seller disclosure Related Topics 
HomeLight
OCTOBER 30, 2020
You go to investigate the root cause of the water intrusion and discover something worse than wet carpet: evidence that the seller likely knew about the issue and told you nothing (nada! These disclosures usually must be made upfront and in writing. Full disclosure.
Inman
FEBRUARY 7, 2021
In an effort to protect buyers, Realtor associations across the country are rolling out increasingly strict disclosure guidelines. Smart listing agents will pay attention and help sellers disclose everything.
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Inman
JULY 1, 2021
Agent Brokerage New Agent Month Select Service Teams arm as is blind offer Buyer concessions David Parnes Escalation clauses James Harris MLS new agent real estate terminology real estate terms seller concession seller disclosure Seller leaseback theme-month-202107
HomeLight
MAY 28, 2021
Seller disclosures. In many states, seller disclosure forms are required to complete a real estate transaction. Each state has different requirements , but basically the seller is required to tell the buyer of any known problems with the house.
The Residential Specialist
FEBRUARY 26, 2021
Agents need to know and plan for what’s required of them with regard to natural disaster disclosures. Disclosure do’s and don’ts. Generally, the only information that doesn’t have to be disclosed is information about which sellers are ignorant. “A
RIS Media
OCTOBER 5, 2020
Selling Disclosures. One way this happens is through selling disclosures that must be presented to the buyer before the transaction closes.
RIS Media
DECEMBER 14, 2020
– Lawsuits triggered by lack of disclosure are more and more common and affect E&O insurance claims and create liability for the real estate broker. Disclosure: Some states require a seller disclosure that includes information about past flood damage; however, many do not.
HomeLight
JANUARY 29, 2021
For instance, while real estate agents are experts on local housing markets, they do not have a license to answer questions about legal and financial issues that affect sellers. In most states, sellers are required to disclose any known material defects of their home to buyers.
HomeLight
JUNE 30, 2021
Having a mortgage preapproval letter before making an offer on a house will show the seller that you’re a serious buyer. Once you know what the seller wants, you’ll better understand whether you should offer more or less than the asking price. Who is the seller?
Realty Biz
AUGUST 24, 2020
Now, the new owner is suing the real estate agent and seller for fraud by questioning if the garage was legally converted into a living space because it is not up to code. That implies the seller, agent, and buyer don’t agree on the facts.
HomeLight
NOVEMBER 12, 2020
When you set out to sell a house, most states require you to make certain “disclosures.” Disclosures refer to any “material defects” in the home, and in many states you will be held liable if you don’t tell the buyer about them upfront. Idaho: Property Condition Disclosure Form.
HomeLight
FEBRUARY 28, 2021
If you want to buy a house in Arlington, you’ll have to factor in a higher cost of living and housing prices in this seller’s market, where the average listing sells in several days. Minimal seller disclosures. Offer a rent-back clause to the seller.
HomeLight
FEBRUARY 28, 2021
Miami is known for hurricanes, and Sidorevskaya recommends that buyers should always have a seller disclosure to state if they’ve experienced flooding or mold.
HomeLight
DECEMBER 29, 2020
Sedillo’s sellers didn’t want the future buyers to be alarmed if they noticed water collecting in the yard, so she encouraged her clients to write a letter explaining that a solution was already in place. Finally, she asks her sellers to write a letter to the future buyer.
HomeLight
FEBRUARY 26, 2021
Crazily enough, 77% of sellers hire the first agent they meet with, according to 2020 data from the National Association of Realtors, and 67% of sellers go with an agent just because a friend or family member referred them.
HomeLight
OCTOBER 30, 2020
A lot of times, sellers think, based on home shows, that they should do this or that. Hudson explains how her team helps sellers prepare for the listing photos: “We have a photo prep list that we send to our clients. Day 27: Fill out required seller paperwork.
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