Remove Inspection contingency Remove Seller disclosure Remove Title
article thumbnail

What’s Required to Sell a House Without a Realtor?

HomeLight

This establishes your ownership, along with details such as purchase price and previous seller disclosures. Many FSBO sellers will purchase a pre-listing appraisal. Seller’s Net Sheet. Preliminary title report. The title company or closing agent will generate this document , which calculates your net proceeds.

article thumbnail

How to Sell a House by Owner in Arizona (2022 Updates)

HomeLight

Disclosures: . Arizona law requires sellers to disclose material facts about the property through the Residential Seller Disclosure. Buyers may ask for the offer to be contingent on other factors, such as the sale of their existing home or their ability to obtain financing. Is a real estate attorney required? .

Insiders

Sign Up for our Newsletter

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

article thumbnail

Big-City Convenience with Small-Town Charm: How to Buy a House in Arlington

HomeLight

Arlington offers an active lifestyle with more than 150 public parks and playgrounds and 80 miles of trails, earning the title of America’s Fittest City. Minimal seller disclosures. Virginia requires a seller to disclose material defects , but not latent defects. Waive appraisal and finance contingencies.

article thumbnail

Find Cash Home Buyers in Orlando for a Fast, Simple Sale

HomeLight

Home-buying companies generally pick up closing costs including title search and title insurance that usually range from 1.5% Joseph also pays back property taxes, probate fees, and even liens, thus saving the seller thousands of dollars. Both parties sign a contract and submit it to a title company.

Sales 98
article thumbnail

How to Sell Your House Without a Realtor: 14 Steps to Selling FSBO

HomeLight

Real estate agreements typically include “ time is of the essence ” verbiage that requires both the buyer and seller to fulfill contractual commitments within a stated time frame. Selling with an agent: Agents typically coordinate inspection appointments with the buyer’s agent and ensure that the timeline suits the seller.

article thumbnail

What Does As-Is Mean When House Hunting? And When Should Buyers Consider an As-Is Home?

HomeLight

It will still convey title (you’ll still own the house), but it may contain restrictive covenants that will prohibit you from using the property in certain ways. Title defects. A title defect is any potential threat to the current homeowner’s full claim or right to sell the property. Pay attention to title review.

As-is 122
article thumbnail

Here’s How You Can Make an Offer On a House Without a Realtor® in 9 Steps

HomeLight

In some states, an attorney will oversee the closing of the sale instead of a title company; if you’re going it alone, regardless, it’s a good idea to think about hiring one. Contingencies are certain conditions that must be met before the closing date and typically relate to financing, inspections, appraisals, and home sale.