HomeLight

DECEMBER 30, 2021

Gaining an early understanding of the legal documents for buying a house will help you avoid confusion and keep stress levels to a minimum while you’re in the midst of negotiations , inspections , and closing. In states where seller disclosures are not required, it’s a bit of a “buyer beware” situation. Closing Disclosure.

Purchase and sale agreement 98

Purchase and sale agreement Title Closing costs Seller disclosure 98

HomeLight

NOVEMBER 10, 2021

When it’s time for the inspection, they’ll reassure you that a damp basement is normal for the town, or tell you to get it checked out by a professional. Step 9: Order an inspection. Even if your offer included a promise to not request repairs after an inspection, you should still get one, if only for informational purposes.

Inspection 98

Inspection Title Agents Pre-approval 98

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. Disclosures. Seller Disclosure Statement. The seller “was skipping all the way to the bank,” Graham says. Consider a pre-listing inspection. 638,000 (March 2022).

As-is 95

As-is Purchase and sale agreement Investor Inspection 95

HomeLight

FEBRUARY 28, 2021

on the southwestern bank of the Potomac River. 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.

Earnest money deposit 105

Earnest money deposit Land Residential Inspection contingency 105

HomeLight

MARCH 13, 2023

You don’t need the added stress of waiting for the buyer’s mortgage approval or a home inspection turning up any unpleasant surprises. Reiner advises asking for proof of funds such as a bank statement to ensure the buyer has sufficient resources to close the deal. The option period is negotiated between buyer and seller.

Sales 98

Sales Investor Due diligence Renovation 98

HomeLight

SEPTEMBER 19, 2022

It’s kinda like how, at least here in Washington state, every seller fills out the same seller disclosures form. Jamie: Usually, in a situation like this, the appraiser was hired by the bank. But you just have to go through the bank. It keeps those reports consistent. And I never have a problem with it.

Agents 111

Agents Renovation Sales Banks 111

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

Seller disclosure 98

Seller disclosure Natural hazards disclosure Inspection Due diligence 98