HomeLight

MARCH 30, 2021

As a buyer, that means you have to do your due diligence from both a practical and contractual perspective. What does due diligence mean in residential real estate? That’s why we’ve put together this guide to due diligence for a homebuyer. Free Homebuying Due Diligence Checklist.

Due diligence 105

Due diligence Inspection Title Pre-approval 105

The Close

MARCH 11, 2025

This process involves multiple stages, starting with identifying an FSBO listing to securing appropriate financing and completing the closing procedures. It’s also essential to verify all information provided by the homeowner with proper due diligence to ensure your investment decision is well-informed and data-backed.

Sales 52

Sales Due diligence Investor Finance 52

Realty Biz

NOVEMBER 11, 2020

The home could be subject to a few different types of contingency. Let’s have a look at the most common types of contingency you are likely to see. Home Inspection Contingency. The purchase of the property can be contingent on the home inspector’s report. The Standard Contingency Rarely Mentioned.

Backup offer 111

Backup offer Home sale contingency Sales Earnest money deposit 111

Point2Homes

DECEMBER 7, 2020

If you’re thinking about how to buy a home that’s in foreclosure, be sure to do your research because there are extra stages involved. Notably, your offer should also include a home inspection contingency to ensure that you aren’t buying a property with serious defects. How to Buy Foreclosed Homes.

Debt-to-income ratio 118

Debt-to-income ratio Pre-approval Inspection Inspection contingency 118

HomeLight

FEBRUARY 26, 2021

A home inspection is part of a buyer’s due diligence. In fact, 95% of purchased homes undergo an inspection before closing. By saying your sale is “as is,” you’re not preventing a buyer from requesting an inspection , just signaling that no matter what the inspection finds, you don’t want to negotiate on price.

As-is 111

As-is Sales Inspection Investor 111

HomeLight

JULY 26, 2022

If the seller is working with a listing agent, their agent will more than likely have already done their due diligence to make sure they are able to sell their home. At this stage, you’ll want to shop around and get preapproved by at least two different lenders to compare interest rates , closing costs , and terms.

Earnest money deposit 115

Earnest money deposit Purchase and sale agreement Title Inspection 115

Redfin

MARCH 15, 2021

While you can’t control whether your region is in a seller’s or buyer’s market, do your due diligence by speaking with an experienced real estate agent to better understand the current market. Make your home a “must-have” with staging. Use listing photos to your advantage.

Inspection 73

Inspection Staging Inspection contingency Due diligence 73