Remove Due diligence Remove Inspection Remove Land
article thumbnail

Do the Due: A Complete Due Diligence Guide and Checklist for Homebuyers

HomeLight

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? Some people just focus on a home inspection and that’s not enough. That’s why we’ve put together this guide to due diligence for a homebuyer.

article thumbnail

What to Know About Septic System Inspections

Realty Biz

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Buy Land in 8 Steps: A Guide for Investors

The Close

Buying vacant land can be a wise investment with great returns if you plan carefully and understand what’s involved. While land can be a relatively cheap and low-effort investment compared to a house, making money from it might be trickier. Check access: Make sure you have legal access to the land. It helps to be in the know.

Land 75
article thumbnail

These People Rushed to Buy Homes During Covid. Now They Regret It.

Realtor.com

It was a land grab for houses,” said Cheryl Eisen, CEO of the interior-design and property-marketing firm Interior Marketing Group. In these conditions, many are tempted to waive inspections or skip other due diligence they would normally perform before buying a home. People wanted out of apartments.”.

article thumbnail

Think The Cash Closing Process Is Always Fast? 11 Delays Buyers Should Watch Out For

HomeLight

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.

Closing 116
article thumbnail

How Does a Title Search Work

Realty Biz

Many public records can be checked to determine ownership, these include: Property deeds Mortgage documents Property tax records Legal documents Bankruptcy court records County land records Probate information. An inspection. Inspecting the lot could reveal encroachments or signs of easements that may not be recorded in the documents.

article thumbnail

What Must Be Disclosed When Selling a House in Georgia?

HomeLight

Georgia home sellers are obligated to inform buyers of any known material defects in the home’s condition that would not be found by a buyer upon reasonable inspection. Meaning, buyers are charged with performing due diligence during real estate transactions to ensure they’re buying a product they’re satisfied with.