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. Many new construction homes come with a home warranty from the builder.

Inspection contingency 107

Inspection contingency Inspection Seller disclosure Due diligence 107

HomeLight

OCTOBER 17, 2022

Meaning, buyers are charged with performing due diligence during real estate transactions to ensure they’re buying a product they’re satisfied with. Home sellers in the state only need to disclose defects in the property that cannot be readily discovered by reasonable investigation. This is known as the due diligence period.

Purchase and sale agreement 105

Purchase and sale agreement Due diligence Earnest money deposit Inspection 105

HomeLight

OCTOBER 12, 2022

If you need assistance navigating the legalities of what to include on a home seller disclosure form in Utah, HomeLight always encourages you to reach out to your own advisor. We’ve consulted with a top real estate agent and researched items that must be disclosed to help make sense out of the seller disclosure form in Utah.

Seller disclosure 111

Seller disclosure Purchase and sale agreement Homeowner’s association Inspection 111

HomeLight

DECEMBER 30, 2021

Some states require sellers to fill out a seller disclosure statement documenting known repair needs or health and safety hazards in the home. This can include anything from knowledge of lead-based paint or asbestos, to the seller’s awareness of water damage in the basement, a leaky roof, or damaged plumbing.

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Purchase and sale agreement Title Closing costs Seller disclosure 98

Hank Miller Team

DECEMBER 1, 2021

There are more buyers waiving due diligence and purchasing homes "as is" than ever before. But unless the buyer and agent have a working knowledge of construction and a level of experience that allows them to spot signs of trouble, the buyer may be walking off a cliff.

Inspection contingency 52

Inspection contingency Seller disclosure Due diligence Inspection 52

Realty Biz

AUGUST 24, 2020

As a general rule, the obligation is on the buyer to do their due diligence before closing on the purchase of a property. The first thing you want to do is fully understand the seller disclosure laws that apply to any house that you are looking at. You don’t want to skimp on the inspection.

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Due diligence Seller disclosure Inspection As-is 56

HomeLight

FEBRUARY 9, 2023

If you need assistance navigating the legalities of what to include on a home seller disclosure form in New York State, HomeLight always encourages you to reach out to your own advisor. Is a seller’s disclosure required in New York State? According to N.Y.

Purchase and sale agreement 105

Purchase and sale agreement Inspection Residential Agents 105