Remove Inspection Remove Mortgages Remove Seller disclosure
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Rent-to-Own Homes Pros and Cons: Is It Worth It?

HomeLight

Rent-to-own agreements offer a unique path to homeownership, appealing to buyers who aren’t quite ready for a traditional mortgage. Get a home inspection: Korb suggests thinking of a rent-to-own agreement “like a long escrow period.” Just as you would with any home purchase, insist on a full home inspection before signing.

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Studying for Your Inspection: What Are Home Inspectors Not Allowed to Do?

HomeLight

If you are about to get a home inspection, you’re on the home stretch of buying your new home. When it comes to your home inspection, you probably have a lot of questions. After consulting with experts, we compiled a list of things to expect from your inspection, including what home inspectors are and aren’t allowed to do.

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Selling a House ‘As Is’ in Rhode Island

HomeLight

It’s always a good idea to disclose anything and everything you know as a seller. I always get questions from sellers – Should I disclose this, should I disclose that? Dowd adds that the not disclosing water damage in basements is a consistent issue in Rhode Island.

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40 Real Estate Forms You Need to Sell Your House

Redfin

Pre-listing home inspection As the seller, it may be helpful to get an inspection of your home done before selling your home , though in most markets the buyer will pay for a home inspection and most states do not require a pre-listing home inspection.

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What Legal Documents Will You Need for Buying a House? Here’s Your List

HomeLight

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. In states where seller disclosures are not required, it’s a bit of a “buyer beware” situation. Purchase agreement.

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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. Mortgage statement with payoff amount. Seller’s Net Sheet. Check your state’s specific disclosure laws. Pre-inspection. 1099-S tax form.

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

HomeLight

This could include any publicly recorded issue, such as a lien, mortgage, or judgement that grants another person or business some type of claim to the property. Get an inspection before you make an offer. While your seller might not be dishonest, they may not be fully aware of all the issues with the home.

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