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RealReports enhances property document analysis with new multimodal AI feature

Housing Wire

The new feature harnesses the capabilities of multimodal artificial intelligence to instantly analyze and summarize complex property documents, including inspection reports, appraisals and seller disclosures. It pulls information from more than 30 data providers.

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Studying for Your Inspection: What Are Home Inspectors Not Allowed to Do?

HomeLight

If you are about to get a home inspection, you’re on the home stretch of buying your new home. When it comes to your home inspection, you probably have a lot of questions. After consulting with experts, we compiled a list of things to expect from your inspection, including what home inspectors are and aren’t allowed to do.

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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. Inspections. This isn’t recommended. Home warranties.

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What Must Be Disclosed When Selling a House in Utah?

HomeLight

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.

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What Does As-Is Mean When House Hunting? And When Should Buyers Consider an As-Is Home?

HomeLight

It’s possible for the zoning rules to change after construction, or even for mistakes to happen, such as the builder constructing a duplex in a neighborhood where duplexes are not allowed. Get an inspection before you make an offer. Add an inspection contingency. Ask a contractor to inspect the house.

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Do You Need a Disclosure Form to Sell a House in New Jersey?

HomeLight

If you need assistance navigating the legalities of what to disclose when selling a home in New Jersey (NJ) or using seller disclosure forms, HomeLight always encourages you to reach out to your own advisor. That “common law” obligates sellers to disclose any known, concealed material defects in the home and property to the buyer.

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What Legal Documents Will You Need for Buying a House? Here’s Your List

HomeLight

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.