Remove Closing Remove Inspection contingency Remove Seller disclosure
article thumbnail

Home, Sour Home: How Homebuyers Can Avoid a ‘Lemon’

HomeLight

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.

article thumbnail

What is Due Diligence in Real Estate?

Redfin

In real estate, the due diligence period is the time between an accepted offer and closing. You can schedule inspections, review the title, secure an appraisal, and check for any red flags that could affect your decision to buy. This timeframe grants the buyer permission to thoroughly inspect the property.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Sell a House by Owner in Arizona (2022 Updates)

HomeLight

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.

article thumbnail

Big-City Convenience with Small-Town Charm: How to Buy a House in Arlington

HomeLight

What if you could live in a Norman Rockwell painting, a slice of Americana closely tied to our nation’s capital? 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.

article thumbnail

What’s Required to Sell a House Without a Realtor?

HomeLight

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.

article thumbnail

How to Sell Your House Without a Realtor: 14 Steps to Selling FSBO

HomeLight

The flat fee company posts the listing on the MLS, and the seller is responsible for showing their home, negotiating with either the buyer or the buyer’s agent, and managing the closing timeline. inspection and loan contingency time frames. An agent also explains how contract terms impact the seller.

article thumbnail

Find Cash Home Buyers in Orlando for a Fast, Simple Sale

HomeLight

Receive your offer within a week and close in as little as 10 days. Available to sellers in Orlando. The benefit of cash offers for sellers is that these deals tend to close faster and have fewer risks , ” she explains. Barrett Spray Real Estate Agent Close Barrett Spray Real Estate Agent at Keller Williams 5.0

Sales 98