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RealReports partners with San Francisco Realtors to provide AI-based property intelligence

Housing Wire

It stresses that AI tools are not designed to displace real estate professionals but to add to their efficiency. RealReports’ leadership said that the partnership makes sense, especially due to the area in which the collaboration will be deployed.

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7 Key Things About Seller Disclosures Every Homebuyer Should Know

HomeLight

You go to investigate the root cause of the water intrusion and discover something worse than wet carpet: evidence that the seller likely knew about the issue and told you nothing (nada! This is the exact type of unfair scenario that seller disclosures are supposed to protect you from as a homebuyer. Full disclosure.

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What’s on the Texas Seller Disclosure Form — and Why Does it Matter?

HomeLight

Buyers will want to pay close attention to the contents of their property’s disclosure form, but it isn’t an end-all, be-all guarantee to the condition of the home, warns Smith. She advises that a buyer may need to do more due diligence in inspecting the property closely because “the seller doesn’t always know the answers.”.

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

HomeLight

But there are protections in place that are designed to prevent the sale of a “lemon” house equivalent. Seller disclosures. In many states, seller disclosure forms are required to complete a real estate transaction. Inspections. Basic home inspections don’t cover everything , though. Home warranties.

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

HomeLight

There are a few different types of as-is designations, and what as-is really means varies by designation. Get an inspection before you make an offer. While your seller might not be dishonest, they may not be fully aware of all the issues with the home. Add an inspection contingency. Check the CLUE report.

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What Must Be Disclosed When Selling a House in Florida?

HomeLight

In a nutshell, Niakan says, the disclosure form is a handy way to get honest about what you do know — and not worry about what you don’t. Let’s jump into what you need to know about Florida’s seller disclosure form — and what it means for sellers, and buyers, in the Sunshine State. The truth will set you free,” he says.

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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. If the seller’s home was built in 1979 or afterward, the form is not required. Joanne Botwinick. Real Estate Agent.