HomeLight

OCTOBER 17, 2022

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.

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Purchase and sale agreement Due diligence Earnest money deposit Inspection 105

HomeLight

MAY 28, 2021

Inspections. Home inspections are the best way for a buyer to prevent getting a “lemon” house. Basic home inspections don’t cover everything , though. In a fast-paced seller’s market, sometimes buyers will forgo an inspection contingency in order to make their offer more attractive to the seller. This isn’t recommended.

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Inspection Inspection contingency Seller disclosure Due diligence 107

HomeLight

OCTOBER 15, 2020

With this comprehensive guide, you’ll find out what problems are common in Atlanta homes (and why you’ll definitely want a termite inspection and termite bond) and what neighborhoods match your unique criteria for the best place to live so that you can buy a house you’ll love living in for years. Source: (Sven Mieke / Unsplash). “We

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Due diligence Earnest money deposit Marketing Inspection 98

Redfin

OCTOBER 3, 2023

Within this vibrant market, the home inspection phase emerges as a pivotal step for both buyers and sellers alike. For buyers, a home inspection serves as a blueprint, revealing potential issues and guiding them towards informed investments. Why should you get a home inspection in North Carolina?

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Inspection Due diligence New Construction Sales 55

HomeLight

SEPTEMBER 30, 2022

A new construction home — yours from the ground up, with no prior owners — sparkles with possibility. Here, we’ve enlisted the expert advice of top agents, industry insiders, and recent homebuyers to address key questions to ask when buying a new construction home. Should I hire an agent for new construction?

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Construction Purchase and sale agreement New Construction Inspection 111

HomeLight

APRIL 13, 2023

Homebuyers typically order the home inspection soon after going under contract, and they pay the inspector upfront for the service, so it doesn’t appear on the closing document. Ask for a repair credit for home inspection issues that you would prefer to rectify yourself. Compare interest rates and fees from several mortgage companies.

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Closing costs Closing Title Inspection 103

HomeLight

DECEMBER 30, 2021

Gaining an early understanding of the legal documents for buying a house will help you avoid confusion and keep stress levels to a minimum while you’re in the midst of negotiations , inspections , and closing. This is why it’s so important to have a thorough home inspection conducted during the due diligence period of your purchase agreement.

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Purchase and sale agreement Title Closing costs Seller disclosure 98

HomeLight

JULY 31, 2021

In particular, as a San Antonio investor Dickout is seeing a surge of new builds on the Northwest side of San Antonio, which can pose a challenge for sellers of existing homes. The amount of new construction may create a challenge for some sellers, particularly if their property needs some work. Hot climate.

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Investor Title Sales Due diligence 111

Louisville Homes

SEPTEMBER 9, 2022

Even with new construction , it always pays for a buyer to have their own Realtor. Buying a house is a huge investment, so you should never go into it without doing your due diligence. Have the Property Inspected Before You Buy It. Team Up with a Realtor. Research and Analysis.

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Due diligence Pre-approval Inspection New Construction 52

HomeLight

AUGUST 9, 2022

Larsen cautions that if you’re buying a new construction home, you will likely be expected to pay a much larger percentage of earnest money. Closings costs for buyers often clock in between 2% and 5% of the purchase price, and expenses beyond your down payment may include some (or all) of the following: Property inspections.

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Earnest money deposit VA loan Purchase and sale agreement FHA loan 111

Redfin

JANUARY 6, 2021

It’s important to note that construction-related loans may be slightly harder to secure than a traditional mortgage. FHA first-time homebuyer loans are limited as well for new construction, so those without a strong credit history are advised to do research to ensure adequate financing is available.

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Construction Land New Construction Inspection 59

HomeLight

APRIL 14, 2023

The sale won’t be contingent on the buyer ordering an inspection, waiting for their home to sell, or securing financing. Sell your Miami home fast with the help of HomeLight According to Miller, “The number one mistake most sellers make is that they don’t do their due diligence when hiring a real estate agent.

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Sales Due diligence Agents Closing 104

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. Schedule a pre-listing inspection.

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Inspection Staging Inspection contingency Due diligence 73

Lighter Side of Real Estate

FEBRUARY 2, 2024

Reviewing documents and disclosures, and any relevant due diligence the buyer would likely never know to do on their own. Helping them figure out what to ask for, and what not to ask for, based upon the home inspection report, and then negotiating to get as many things repaired, replaced, or credited as possible.

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Agents Branding Due diligence As-is 107

HomeLight

MARCH 13, 2023

New construction surge contributing to competition for buyers. The buyer does due diligence during the agreed-upon option period in Texas (the number of days the buyer has to thoroughly inspect the property and terminate the contract for any reason: typically one to 10 days). iBuyers see opportunity in Austin.

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Sales Investor House Flipping Pre-approval 95

Marco Santarelli

AUGUST 21, 2020

The condo glut has already caused new listings of condos to fall, and new construction of them is at a standstill. The supply of single-family houses is slowly growing due to high demand. Part of that was due to the need to maintain social distancing during inspections, walk-throughs, and inspections.

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Marketing Investor Sales As-is 126

HomeLight

AUGUST 18, 2020

Expert advice: A first floor home addition is an ideal spot for a new main suite. You can see that over and over again in new construction neighborhoods. We want to do our due diligence upfront and that’s where we are a design-build firm. Modifications not built to code.

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Renovation Construction Design Due diligence 128