HomeLight

JULY 29, 2022

Closing on a house is a thrilling time for buyers : Once you’ve found the one and have an accepted offer, you’re ready to grab the keys and make it your own. But closing time can also be plenty to rack your nerves. What can go wrong on the buyer’s side at closing. Problem: There’s an issue with the Closing Disclosure.

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Closing Purchase and sale agreement Title Home sale contingency 105

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. Working out a compromise with the seller may be in your best interest.

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Inspection Inspection contingency Seller disclosure Due diligence 107

HomeLight

JUNE 30, 2021

In some states, an attorney will oversee the closing of the sale instead of a title company; if you’re going it alone, regardless, it’s a good idea to think about hiring one. Step 3: Include contingencies. However, there are other contingencies that can’t be negotiated, such as those related to title and zoning.

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Purchase and sale agreement Inspection contingency Home sale contingency Inspection 98

HomeLight

AUGUST 16, 2021

And if your house is close to a flood zone, but not technically in a flood zone, it’s wise to talk to your insurance agents about purchasing supplemental flood insurance … just in case! Mitigate the potential for any nasty surprises later by keeping tabs on the title review before closing. Get an inspection before you make an offer.

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As-is Title Inspection Inspection contingency 122

HomeLight

MARCH 31, 2022

We’ll also provide a comprehensive overview on the full process to prep, market, and close on your home without the assistance of a real estate agent. Disclosures: . Arizona law requires sellers to disclose material facts about the property through the Residential Seller Disclosure. Request Offer.

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Purchase and sale agreement Inspection Inspection contingency MLS 110

HomeLight

JANUARY 10, 2023

We’ll also provide a comprehensive overview on the full process to prep, market, and close on your home without the assistance of a real estate agent. In an agent-assisted sale, the seller typically pays a commission amounting to around 6% of the sale price, which is then split 50/50 with the buyer’s agent.

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Purchase and sale agreement Natural hazards disclosure Inspection Title 111

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. The buyer needs this in order to calculate the cost of taxes at closing. Prepare for closing. 7 mistakes FSBO sellers make and how to avoid them.

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Purchase and sale agreement Pre-approval Inspection Title 111