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How can the mortgage industry be more prepared for the next natural disaster?

Housing Wire

Many states do have sellers disclosure laws. In the midst of this, a potential lapse in the National Flood Insurance is top of mind for many. . And yes, some homeowners are looking for answers as to how to reduce flood insurance premiums.”. Resilience really is the objective,” he said. “We

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7 Key Things About Seller Disclosures Every Homebuyer Should Know

HomeLight

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! This is the exact type of unfair scenario that seller disclosures are supposed to protect you from as a homebuyer. Full disclosure.

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Selling a House ‘As Is’ in Michigan

HomeLight

Ryan Dosenberry , Founder and CEO of Lakeshore Home Buyer , says that sellers unable or unwilling to make repairs is one of the most common reasons houses are sold “as is.” the seller chooses not to entertain buyer requests to complete repairs or provide a credit for fixes. Looking into selling a house “as is” in Michigan?

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Selling a House ‘As Is’ in Rhode Island

HomeLight

A seller [that] just doesn’t want to make repairs and wants to sell the house as-is, says Connor Dowd , a top-performing Rhode Island agent with 26 years of experience. When selling a house as is, the seller chooses not to entertain buyers’ requests to complete repairs or provide credit for fixes.

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Rent-to-Own Homes Pros and Cons: Is It Worth It?

HomeLight

This way, you won’t be surprised by costly issues down the line, especially since the seller doesn’t have to make repairs. Get the seller’s disclosures: Your agent can assist you in obtaining any required seller disclosure forms or statements. Get Started What is a rent-to-own agreement?

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What’s on the Texas Seller Disclosure Form — and Why Does it Matter?

HomeLight

If you need assistance navigating the legalities of what to disclose when selling a home in Texas or using a seller’s disclosure form in Texas, HomeLight always encourages you to reach out to your own advisor. What is a seller’s disclosure? Is a seller’s disclosure form required in Texas? Find Agent.

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What Does As-Is Mean When House Hunting? And When Should Buyers Consider an As-Is Home?

HomeLight

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.

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