As-is Inspection contingency Seller disclosure 
HomeLight
AUGUST 16, 2021
The seller likely isn’t going to make any repairs or offer credits for any issues you find, so you need to be comfortable with the work involved in this particular home. These components are often due for an upgrade or repair, but the seller would rather pass the responsibility on to the buyer rather than deal with it themselves.
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. Basic home inspections don’t cover everything , though.
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Realty Biz
JULY 25, 2023
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. There may still be contingencies that need to be met, such as a home inspection or appraisal.
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. There’s more that goes into making an offer besides landing on a purchase price.
Hank Miller Team
DECEMBER 1, 2021
Buyers were/are so stressed to secure a home that some toss caution to the wind; overpaying, waiving finance contingencies, inspection contingencies and more. If this buyer was getting a loan, any appraiser will note this and certainly call for structural inspection as well. Several were chatting about offers.
HomeLight
MARCH 31, 2022
Arizona law requires sellers to disclose material facts about the property through the Residential Seller Disclosure. In a FSBO scenario, the seller assumes the responsibilities that would normally fall to their agent such as pricing the home, arranging showings, and negotiating the deal. 2022 , a 28.5%
HomeLight
OCTOBER 20, 2022
This establishes your ownership, along with details such as purchase price and previous seller disclosures. Many FSBO sellers will purchase a pre-listing appraisal. Mandatory disclosures. For example, Miller says to sell a house built before 1978 requires a lead-based paint disclosure. For Sale By Owner (FSBO).
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