Housing Wire

MARCH 11, 2022

Since a lot of reverse mortgage business is generated using call centers, that creates a natural aversion for some real estate agents to even engage with the reverse mortgage category, Accola adds. “[They also] don’t like FHA loans, because now that creates the amendatory clause, and more inspections and stuff like that. Dan Hultquist.

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HomeLight

NOVEMBER 12, 2024

The concept of caveat emptor traces back to Roman law, where buyers were expected to exercise due diligence and investigate the products they intended to buy. For instance, most states with caveat emptor laws require sellers to disclose known health or safety hazards, even if the buyer is expected to perform a property inspection.

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HomeLight

JANUARY 26, 2024

For this reason, most contracts contain an inspection contingency clause. But what happens if the inspection contingency expires? In this guide, we’ll break down everything you need to know about home inspection contingencies, including what they are, how they work, and the implications of their expiration.

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Redfin

MARCH 4, 2025

In some instances, you may request an opportunity to inspect the property for informational purposes only, even though you have already contractually obligated yourself to purchase the property. As you begin the homebuying process , you may come across homes sold “as-is.” What does “as-is” mean when buying a house?

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HomeLight

AUGUST 31, 2020

The home inspection : It’s that critical moment when the buyer anticipates that everything will be okay with the house — and it’s the time where sellers are biting their nails. Here are some of the most common repairs needed after a home inspection or a specialized home inspection. Then, they document their findings. Dead trees.

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HomeLight

FEBRUARY 20, 2025

As of December 2024, 18% of buyers waived the appraisal contingency , with other buyers waiving, for example, inspection contingencies to likewise make their offers more enticing to sellers. Not all purchases are the same, and waiving an appraisal contingency without doing your due diligence first may cost you more money down the line.

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McKissock

JANUARY 11, 2022

It mostly depends on the lender requirements, but you are also going to be sure you practice due diligence. Not only will you conduct an extensive lot inspection before construction starts, but you may also need to visit the property during construction—to assess progress and detail when work is complete. Final inspection.

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HomeLight

AUGUST 23, 2021

Now it’s time to start moving through the process of finalizing the sale, which includes getting an inspection of the property. While they aren’t necessarily required by your mortgage lender, a home inspection is an important part of your home purchase. But how long will this inspection take? What is a home inspection?

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The Close

NOVEMBER 7, 2024

Investing in real estate may seem as simple as buying a property and collecting money, but it is far more complicated than that. Don’t stop reading, though. I said it was complicated, not impossible! This beginner’s guide will help you understand how to invest in real estate successfully, one step at a time.

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HomeLight

JULY 22, 2024

When you’re buying an existing house, there’s hardly any question that you’d want a home inspection. Clearly, you’d do your due diligence on its condition before you commit to purchasing it at a given price. Find Agent The answer is yes: Experts say you really should get a home inspection on a new construction home.

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HomeLight

AUGUST 24, 2022

Looking to sell a house “as is” in Connecticut? Whether you’ve got a fixer-upper or recently inherited a relative’s home, sometimes the goal is to skip repairs, get a fair offer, and move on. However, selling a house “as is” usually means accepting a lower offer and it doesn’t always prevent buyers from trying to negotiate savings. Disclosures.

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Realty Biz

APRIL 26, 2021

Septic inspections are a normal practice when buying a home that does not have a public sewer. Proceeding with the right measures and inspections at the right time will prevent you from unpleasant incidents and money loss. Getting a septic inspection is critical when buying a home. Things to Know About Septic System Inspections.

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CT Homes

MARCH 8, 2021

Should you get a rental property inspection before signing a lease? A home inspection is the norm when you buy property, but they’re virtually unheard of for renters. If you ask for a rental property inspection before signing a lease, are you just being a pain, or are you making a smart decision? Is that a big mistake?

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HomeLight

DECEMBER 7, 2021

Whether you’re buying, selling, or refinancing a home, you’re probably going to have to endure a home inspection. It can necessitate a lot of preparation and cause a certain amount of anxiety, but a home inspection is an important part of the process when you’re selling a home. But what’s inspected? Prepare for an inspection.

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HomeLight

FEBRUARY 26, 2021

You might not be aware of every flaw — that’s for the home inspection to notice — but once you are, you can’t hide them, and legally, neither can your agent. A couch with a red wine stain. An iPad with software issues. A car with a few dents and scratches. As is’ isn’t a free pass to hide known issues.

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HomeLight

SEPTEMBER 21, 2023

Before the settlement — when you start signing documents — you’ll have to get through what’s called an “inspection period” or “due diligence period,” depending on where you live. Luckily, a real estate agent can help you every step of the way.

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HomeLight

FEBRUARY 21, 2023

Looking to sell a house “as is” in Georgia? Whether you’ve got a fixer-upper or recently inherited a relative’s home, sometimes the goal is to skip repairs, get a fair offer, and move on. Top-performing Georgia real estate agent Teresa Cowart works with 77% more single-family homes than the average agent in her Richmond Hill market.

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HomeLight

MAY 28, 2021

However, it’s vital to do your due diligence before buying a home as-is to protect yourself or you might just end up wasting your investment on a money pit. An example: Let’s say a property is listed as-is, and a home inspection finds a leaky roof and foundation issues. Source: (Max Murauer / Unsplash).

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AAOA

JANUARY 27, 2025

Taking your time and doing your due diligence when considering a particular investment property will always be a crucial step. Because of their capacity to improve an investors cash flow, generate multiple streams of income and boost their net operating income (NOI), multifamily properties are a popular type of real estate investment.

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The Close

MARCH 11, 2025

Market trends report (Source: Realtor.com) The following are neighborhood attributes to consider and how they might positively influence property value: Proximity to amenities: Homes near shopping centers, parks, and recreational areas often have higher value due to convenience and leisure options.

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GeekEstate

APRIL 13, 2021

Our CRE due diligence platform and services expedite transaction times for all participants in the commercial real estate ecosystem. Our goal is to empower the CRE industry by solving the time-consuming due diligence processes ruled by manual, disconnected practices. My name is Anthony Romano, and the CEO of CREtelligent.

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Realty Biz

SEPTEMBER 29, 2022

When you’re buying a house, it’s important to have it inspected to ensure that there are no major problems that could end up costing you in the future. There are different types of inspections that you can choose from, and each has its own advantages and disadvantages. Pest Inspection. Sewer Inspection.

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HomeLight

OCTOBER 26, 2021

The home inspection is a buyer’s single best opportunity to assess a home’s condition. Put another way, the inspection will let you know if you can celebrate, should save for necessary repairs, or run for the hills. But what’s most important in a home inspection? And what happens if you get a problematic inspection report?

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CT Homes

NOVEMBER 24, 2020

When a buyer submits a “Non-Contingent” offer, they are essentially forfeiting any and all of their privileges to perform due diligence on a property they’re interested in. Companies that buy houses for cash say they’re non-contingent and that they “don’t need an inspection period”.

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HomeLight

JUNE 23, 2022

In this guide, we’ll outline the scenarios where you’re vulnerable as a seller, where you’re in the right to claim the earnest money due to the buyer failing to uphold their end of the contract, and what things you can do to protect yourself against the risk of a buyer pulling out at the last moment. What is earnest money?

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AAOA

FEBRUARY 17, 2025

Perform Due Diligence Inspect properties thoroughly before purchase to uncover potential issues that could affect profitability. Investing in multifamily propertiescan be a lucrative venture for both novice and seasoned investors. Utilize tools like Google Trends and real estate platforms to gather data.

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HomeLight

APRIL 29, 2022

An as-is home sale often indicates that the home has some “big-ticket items” that won’t pass the required inspection or appraisal, he adds. Selling your Washington home “as is”? Whether you’ve got a fixer-upper or recently inherited a relative’s home, you’ve likely decided that the goal is to skip repairs, get a fair offer, and move on.

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HomeLight

AUGUST 31, 2021

The lender usually also requires additional contingencies before they’ll approve the loan, such as an appraisal contingency to make sure the home is worth the amount they are loaning you to buy it, and an inspection contingency to see if there are any potential problems. Updated August 31, 2021. Though you can (and should!)

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Realtor.com

JANUARY 13, 2021

Go beyond standard due diligence. A home inspection is standard operating procedure for anyone buying a home, but a long-distance purchase should always go through rigorous vetting to make sure you’re not buying a money pit. Typically, the buyer pays for the home inspection during the escrow period.

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Housing Wire

DECEMBER 7, 2023

Enroll + SAVE 30% Use Promo Code HW30 Overview According to the CE Shop, its prelicensing student satisfaction rate is 96% and its students have a 64% pass rate (12% better than the national average). They attribute these success rates to their consistently up-to-date course content and interactive approach to learning. out of 5 stars Rating: 4.5

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Marco Santarelli

JANUARY 1, 2025

The Florida condo market is currently experiencing a significant shift, and the short answer is: it's complicated. New legislation, stemming from the tragic Surfside condo collapse, is forcing condo associations to address long-overdue maintenance and repairs. This, in turn, is having a ripple effect on both buyers and sellers.

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Realtor.com

FEBRUARY 12, 2021

In these conditions, many are tempted to waive inspections or skip other due diligence they would normally perform before buying a home. The family didn’t find the wasps until after closing because they had waived the inspection in the midst of a bidding war, said Ms. But in 2020, millions of Americans did just that.

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Realty Biz

FEBRUARY 20, 2021

Home inspection: often called a due diligence contingency, will give the buyer rights to have the house inspected. Most buyers will have a home inspection contingency in their contract. Contingencies in Real Estate Explained. Do you know what a real estate contingency is and how it works?

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HomeLight

OCTOBER 9, 2023

Working with house-buying companies in Missouri For those Missouri homeowners seeking a quick, hassle-free sale, here’s a succinct breakdown of how the process typically unfolds with these all-cash buyers: Research potential buyers: Before diving in, do your due diligence. No showings, no repairs, no open houses.

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HomeLight

SEPTEMBER 16, 2022

Before inspections, you may fear the state of the home or the seller’s willingness to negotiate repairs if the home needs serious work. For example, states such as North Carolina and Georgia have a due diligence period that works in a similar way. If you don’t know what you want, the line disappears too quickly.

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The Close

NOVEMBER 12, 2024

Inspect the land: Take a stroll on the property—bring your favorite boots. As part of your due diligence, here are some factors to explore when purchasing land. This article breaks down seven steps to help you learn how to buy land—covering everything from the pros and cons to financing and closing the sale. Let’s get into it!

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Redfin

MARCH 18, 2021

It’s easy to get caught up in the excitement of buying a home, but you’ll want to make sure you include a home inspection in your list of priorities to avoid any potential issues or unforeseen costs as you get further into the homebuying process. . A general home inspection is almost always recommended for anyone buying a home.

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