Remove Inspection Remove Lending Remove Seller disclosure
article thumbnail

8 Essential Steps to Navigating Escrow in Home Buying

Realty Biz

Providing documentation of pre-approval - Providing proof of pre-approval from a lender will show that they're ready and willing to lend money when needed during escrow. During this stage, the buyer needs to conduct thorough inspections, including professional assessments of the home's structure, systems, and potential issues.

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. FSBO sellers in Arizona may consider getting a home inspection prior to listing their home for sale. Is a real estate attorney required? . Closing date. Earnest money.

article thumbnail

25 Nightmare Scenarios That Can Disrupt Closing (And How to Avoid Them)

HomeLight

Suppose that property has become something that requires flood insurance and the seller didn’t know it because they never had to buy flood insurance — that could create a problem. So get a contract, then call for a home inspection, and then call the insurance company — those are the calls that you make before you do anything else.”.

Closing 105