HomeLight

AUGUST 27, 2021

Source: (Conscious Design / Unsplash). Issues with the home’s title. Common title problems include unknown liens, errors in public records, and illegal deeds. A property title search can help you uncover these issues during the closing process. A contingent offer is a deal in which certain conditions must be met.

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HomeLight

FEBRUARY 28, 2021

Part of the original land designation for the nation’s capital, today Arlington operates as one of the smallest counties in the country with no cities. Arlington offers an active lifestyle with more than 150 public parks and playgrounds and 80 miles of trails, earning the title of America’s Fittest City. Arlington is fit for life.

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The Close

SEPTEMBER 19, 2024

This guide is designed to provide essential knowledge and tips for answering the question, “What is a counter offer in real estate?” Additionally, we request that the inspection contingency be modified to accommodate this timeline, ensuring ample time for all necessary processes.

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Purchase and sale agreement Agents Inspection Home sale contingency 97

HomeLight

MARCH 13, 2023

Home-buying companies generally pick up closing costs including title search and title insurance that usually range from 1.5% Both parties sign a contract and submit it to a title company. With a cash home buyer, there are usually no financing or inspection contingencies typically found in traditional real estate contracts.

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HomeLight

NOVEMBER 29, 2021

If you follow interior design trends, you may want to stage and style your home yourself. Selling solo: Design and print home flyers and a front yard sign letting everyone know. Selling with an agent: Agents typically coordinate inspection appointments with the buyer’s agent and ensure that the timeline suits the seller.

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HomeLight

OCTOBER 29, 2021

You can go through your household items and sell them on various sites like eBay, or set up shop on one of the many used clothing sites, such as Poshmark or Tradesy (think of that designer outfit you bought and wore exactly once…). But still get a home inspection! Navarro says he always recommends his buyers get an inspection.

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Redfin

MARCH 2, 2023

An appraisal gap clause is designed to protect both the buyer and the seller by providing a clear understanding of how to proceed if the appraised value differs from the purchase price. When should I use or waive an appraisal contingency? If significant issues are found, the buyer can negotiate repairs or back out of the transaction.

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HomeLight

AUGUST 16, 2021

There are a few different types of as-is designations, and what as-is really means varies by designation. It will still convey title (you’ll still own the house), but it may contain restrictive covenants that will prohibit you from using the property in certain ways. Title defects. Pay attention to title review.

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HomeLight

JUNE 30, 2021

We’re bound by a certain code of ethics that really governs everything that we do and is designed to protect our clients and to put our clients first.”. 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.

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Purchase and sale agreement Inspection contingency Home sale contingency Inspection 98

HomeLight

MAY 28, 2021

An inspection can tell you upfront the exact issues with the house so you know what money you might have to spend down the line. It’s also wise to add an inspection contingency in your purchase contract , so if the inspection shows more repairs than you expected, you can walk away. Conduct a title search.

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HomeLight

DECEMBER 23, 2021

National codes, such as the National Electric Code (NEC), oversee electrical design, installation, and inspection. A title company will discover any liens or title defects, which must be resolved before closing, and a home inspector will note anything that’s a defect. Can code violations reduce your buyer pool?

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