Design Inspection Short sale 
HomeLight
OCTOBER 5, 2020
But what if it’s a different kind of sale … for example, how much should you offer on a short sale? Enter the short sale : a solution for the seller, and a special opportunity for a buyer. What’s a short sale? Short sales are unique because they require the approval of the seller’s lender.
HomeLight
SEPTEMBER 1, 2020
In a normal home sale, if the home inspection finds issues, you can negotiate with the seller. But with an REO sale, you generally won’t get an additional discount on the price or to ask for repairs. If you know someone who’s bought a foreclosure, short sale, or REO property, talk to them first.
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CT Homes
JUNE 4, 2024
This article is designed to guide you through the process of selling a home in forbearance , providing you with the information you need to make informed decisions. Cons Short Sale Possibility: If the home’s value has decreased, selling might not cover the total mortgage amount, leading to a short sale.
HomeLight
MAY 19, 2022
If the home is part of a designated historic district. Even in the case of an as-is sale, you are still required to provide a list of latent defects to prospective buyers. Consider a pre-listing inspection. So once you do that inspection, you must disclose all of that.”. Home location considerations. Limited buyer pool.
HomeLight
MAY 23, 2022
A lot of times, sellers are trying to remove some future liability by listing their house ‘as is,’ but buyers do, of course, still have the opportunity to inspect it and ask for any repairs or a price reduction,” Rynders says. “So Consider a pre-listing inspection. Which types of homes are sold ‘as is’? Exceptions.
HomeLight
NOVEMBER 10, 2021
When it’s time for the inspection, they’ll reassure you that a damp basement is normal for the town, or tell you to get it checked out by a professional. Step 9: Order an inspection. Even if your offer included a promise to not request repairs after an inspection, you should still get one, if only for informational purposes.
HomeLight
MAY 28, 2021
For example, are you aware that Realtors® can have special designations that indicate they have been certified in a specific type of transaction? Brokers and agents do not have official certifications, but they often have designations that determine how they work. Perhaps a foreclosure or short sale? The subtypes.
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