Bankruptcy Inspection Residential 
Realty Biz
JUNE 13, 2022
Bob wasn’t going through a divorce, instead, he had filed for bankruptcy the week before. His bankruptcy attorney took the position that he was legally not required to pay rent while his case was in bankruptcy court. Landlords also have a right to a “move-out” inspection. What would you like to say on behalf of landlords?
HomeLight
JANUARY 13, 2022
Common contingencies include issues with appraisals, home inspections, or the buyer’s home sale. He says that he’s seen primary offers fall through due to home inspections and appraisal issues when buyers and sellers cannot come to an agreement on new terms and conditions. Inspection contingencies. Appraisal contingencies.
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McKissock
AUGUST 30, 2022
Of course, for most residential mortgage lending assignments, appraisers are not permitted to accept payment from the borrower at the time of inspection. But for non-lending assignments , such as divorces, estates, and bankruptcies, you are still permitted to collect your fee at the time of the inspection.
HomeLight
JULY 31, 2021
Although it’s not as sure of a bet, you could also attract a regular residential buyer who has enough liquid assets to buy a house outright. Inspection period. Jackson says there’s a decent chance a cash buyer will still include an inspection contingency in the contract — especially if they are offering closer to market value.
HomeLight
MAY 23, 2022
North Carolina state law requires sellers to disclose material facts about the property through the Residential Property and Owners’ Association Disclosure Statement. Consider a pre-listing inspection. Schaus does warn that there can be a downside to these pre-inspections, as well. Average days on market for North Carolina.
Redfin
MARCH 3, 2021
The lender wants proof that the amount of the loan does not exceed the value of the home, or they end up taking on more risk in the event you default on your loan and go into bankruptcy. Simply put, during the home appraisal process the appraiser comes to the home and makes a thorough inspection of the property, inside and out.
HomeLight
FEBRUARY 8, 2023
A retirement community is a residential housing neighborhood, subdivision, or complex designed specifically for older adults who are able to live independently and care for themselves. Is the community financially sound? Is the community located near amenities like grocery stores, hospitals, and shopping?
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