Housing Wire

MARCH 11, 2022

They also] don’t like FHA loans, because now that creates the amendatory clause, and more inspections and stuff like that. Due diligence is also a priority for Fairway, Hultquist says, and certain necessities are encouraged by the lender. “We Real estate agents hate dealing with call centers,” he says.

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Housing Wire

NOVEMBER 22, 2023

If we’re collecting the data upfront at point of list to support these processes that are now available, like IBW, inspection based waivers , or desktop appraisals — which the GSEs have rolled out in the last year — an appraiser can do an appraisal in a matter of hours.

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HomeLight

AUGUST 31, 2020

The home inspection : It’s that critical moment when the buyer anticipates that everything will be okay with the house — and it’s the time where sellers are biting their nails. Here are some of the most common repairs needed after a home inspection or a specialized home inspection. Then, they document their findings. Dead trees.

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HomeLight

JULY 22, 2024

When you’re buying an existing house, there’s hardly any question that you’d want a home inspection. Clearly, you’d do your due diligence on its condition before you commit to purchasing it at a given price. Find Agent The answer is yes: Experts say you really should get a home inspection on a new construction home.

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McKissock

JANUARY 11, 2022

It mostly depends on the lender requirements, but you are also going to be sure you practice due diligence. Not only will you conduct an extensive lot inspection before construction starts, but you may also need to visit the property during construction—to assess progress and detail when work is complete. Final inspection.

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HomeLight

AUGUST 23, 2021

Now it’s time to start moving through the process of finalizing the sale, which includes getting an inspection of the property. While they aren’t necessarily required by your mortgage lender, a home inspection is an important part of your home purchase. But how long will this inspection take? What is a home inspection?

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Inspection Due diligence Agents As-is 105

Realty Biz

APRIL 26, 2021

Septic inspections are a normal practice when buying a home that does not have a public sewer. Proceeding with the right measures and inspections at the right time will prevent you from unpleasant incidents and money loss. Getting a septic inspection is critical when buying a home. Things to Know About Septic System Inspections.

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CT Homes

MARCH 8, 2021

Should you get a rental property inspection before signing a lease? A home inspection is the norm when you buy property, but they’re virtually unheard of for renters. If you ask for a rental property inspection before signing a lease, are you just being a pain, or are you making a smart decision? Is that a big mistake?

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Inspection Due diligence Property Management As-is 88

HomeLight

SEPTEMBER 21, 2023

Before the settlement — when you start signing documents — you’ll have to get through what’s called an “inspection period” or “due diligence period,” depending on where you live. From that point when that inspection period ends, most times the seller is going to make it to the settlement table,” Overman explains.

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Closing Due diligence Inspection Title 119

HomeLight

DECEMBER 7, 2021

Whether you’re buying, selling, or refinancing a home, you’re probably going to have to endure a home inspection. It can necessitate a lot of preparation and cause a certain amount of anxiety, but a home inspection is an important part of the process when you’re selling a home. But what’s inspected? Prepare for an inspection.

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GeekEstate

APRIL 13, 2021

Our CRE due diligence platform and services expedite transaction times for all participants in the commercial real estate ecosystem. Our goal is to empower the CRE industry by solving the time-consuming due diligence processes ruled by manual, disconnected practices. My name is Anthony Romano, and the CEO of CREtelligent.

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Realty Biz

SEPTEMBER 29, 2022

When you’re buying a house, it’s important to have it inspected to ensure that there are no major problems that could end up costing you in the future. There are different types of inspections that you can choose from, and each has its own advantages and disadvantages. Pest Inspection. Sewer Inspection.

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HomeLight

OCTOBER 26, 2021

The home inspection is a buyer’s single best opportunity to assess a home’s condition. Put another way, the inspection will let you know if you can celebrate, should save for necessary repairs, or run for the hills. But what’s most important in a home inspection? And what happens if you get a problematic inspection report?

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CT Homes

NOVEMBER 24, 2020

When a buyer submits a “Non-Contingent” offer, they are essentially forfeiting any and all of their privileges to perform due diligence on a property they’re interested in. Companies that buy houses for cash say they’re non-contingent and that they “don’t need an inspection period”.

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HomeLight

JUNE 23, 2022

Suppose the inspection uncovers issues that are unacceptable to the buyer. Finally, in very competitive markets, some buyers may choose to remove certain contingencies altogether, and have their earnest money “go hard,” meaning become non-refundable, after a certain period of time (such as after a very short inspection period).

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Realtor.com

JANUARY 13, 2021

Go beyond standard due diligence. A home inspection is standard operating procedure for anyone buying a home, but a long-distance purchase should always go through rigorous vetting to make sure you’re not buying a money pit. Typically, the buyer pays for the home inspection during the escrow period.

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HomeLight

AUGUST 31, 2021

The lender usually also requires additional contingencies before they’ll approve the loan, such as an appraisal contingency to make sure the home is worth the amount they are loaning you to buy it, and an inspection contingency to see if there are any potential problems. A cash buyer is more likely to waive appraisal and inspections.

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Realtor.com

FEBRUARY 12, 2021

In these conditions, many are tempted to waive inspections or skip other due diligence they would normally perform before buying a home. The family didn’t find the wasps until after closing because they had waived the inspection in the midst of a bidding war, said Ms. Helynn Ospina for The Wall Street Journal.

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Due diligence Inspection Commercial Closing 131

First Team Real Estate

JANUARY 25, 2021

The recent California Governor executive order and the continued practice of brokers require a refresher on the brokers’ duties of inspection so that brokers understand what they may or may not do. There is a synergic connection between Civil Code Section 1102 (TDS) and Section 2079 (the broker’s inspection duty). c), 2079.8(b)

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Redfin

MARCH 18, 2021

It’s easy to get caught up in the excitement of buying a home, but you’ll want to make sure you include a home inspection in your list of priorities to avoid any potential issues or unforeseen costs as you get further into the homebuying process. . A general home inspection is almost always recommended for anyone buying a home.

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HomeLight

OCTOBER 9, 2023

Working with house-buying companies in Missouri For those Missouri homeowners seeking a quick, hassle-free sale, here’s a succinct breakdown of how the process typically unfolds with these all-cash buyers: Research potential buyers: Before diving in, do your due diligence. This is often done through an online form.

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Redfin

AUGUST 23, 2023

Among the crucial steps that potential homeowners must undertake, a comprehensive home inspection is one of the most important. Why should you get a home inspection in Ohio? Getting a home inspection in Ohio is essential for uncovering potential issues that might not be visible during a casual walkthrough.

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HomeLight

SEPTEMBER 16, 2022

Before inspections, you may fear the state of the home or the seller’s willingness to negotiate repairs if the home needs serious work. For example, states such as North Carolina and Georgia have a due diligence period that works in a similar way. Type of inspections needed for the buyer to do their due diligence.

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Realty Biz

JANUARY 25, 2023

Research and Due Diligence Before making an offer on a property, it is important to do your research and due diligence. This includes researching the local housing market, inspecting the property, and reviewing the property's financial history.

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Bigger Pockets

MARCH 14, 2023

You’ve found your market, done your due diligence, passed your inspections, and now you’re asking, “what’s next?” Don’t know what to do AFTER closing on a house? Two of our […]

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Hank Miller Team

OCTOBER 4, 2022

Due diligence periods are back and with them, the main contingencies of appraisal, finance, and inspection. It’s reasonable to say that everyone needs to get reacquainted with home inspection hysteria and the rule of making mountains out of moles hills. The Imperfect Home Inspection No home is perfect, ever.

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Realty Biz

FEBRUARY 20, 2021

Home inspection: often called a due diligence contingency, will give the buyer rights to have the house inspected. Most buyers will have a home inspection contingency in their contract. Home sale contingencies are often frowned upon due to their risky nature.

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HomeLight

MARCH 7, 2024

Contingencies: Conditions that must be met for the sale to proceed, such as home inspections, financing approval, and the sale of the buyer’s current home. Closing and possession dates: When the sale will officially close and when the buyer can take possession of the property.

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Realtor.com

AUGUST 13, 2020

If problems crop up—with the home inspection, appraisal, mortgage, or other things—then the real estate buying process could take even longer. In short, home buyers might need to fit their home search into any number of time-sensitive situations, so knowing how long the buying process typically takes can help them plan accordingly.

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Pre-approval Pre-qualification Due diligence Loans 143

Realty Biz

NOVEMBER 4, 2021

Due Diligence and Safety Are Vital. Finding who the owner of a house is and clarifying whether this property is clear of all financial burdens are an important part of the due diligence process before the actual purchase of the property. Once you find the owner doing proper due diligence will be critical.

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Redfin

AUGUST 23, 2023

When embarking on the exciting journey of buying a new home in Washington, there’s a crucial step that should never be overlooked: the home inspection. A home inspection is a complete assessment of a house’s condition. Why should you get a home inspection in Washington? Are home inspections required in Washington?

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Realty Biz

OCTOBER 5, 2022

Also, there is no substitute for your own due diligence. Due proper due diligence. Always get a professional inspection of the property. I know at least one investor that does his own inspections. He prides himself on being able to inspect a property and estimate repair costs in a half hour.

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HomeLight

NOVEMBER 27, 2024

If you’re a homeowner in Illinois looking for a way to sell your house without the stress of appraisals, inspections, or buyer financing, working with a cash home buyer could be the solution you need. Selling to a cash buyer can help you skip the lengthy traditional selling process while still meeting your financial goals.

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CT Homes

MARCH 8, 2021

Should you get a rental property inspection before signing a lease? A home inspection is the norm when you buy property, but they’re virtually unheard of for renters. If you ask for a rental property inspection before signing a lease, are you just being a pain, or are you making a smart decision? Is that a big mistake?

Inspection 52

Inspection Due diligence Property Management As-is 52

CT Homes

MARCH 8, 2021

Should you get a rental property inspection before signing a lease? A home inspection is the norm when you buy property, but they’re virtually unheard of for renters. If you ask for a rental property inspection before signing a lease, are you just being a pain, or are you making a smart decision? Is that a big mistake?

Inspection 52

Inspection Due diligence Property Management As-is 52

HomeLight

OCTOBER 30, 2020

Problems come up during inspection. Real estate contract contingencies are commonly associated with getting a mortgage, as lenders tend to do their due diligence on a property before they’ll put up the money for it. But understand that inspections can delay the deal. These are all major repairs that can add up quickly.

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Lighter Side of Real Estate

APRIL 17, 2024

No matter what home you’re buying you should always hire a professional to do a thorough home inspection, but it’s even more important when the house is being flipped. Cosmetic work, such as painting or refinishing hardwood floors, for example, usually don’t require permits or inspections by the building inspector.

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