article thumbnail

How to Sell a House by Owner in California (2023 Updates)

HomeLight

California has the Transfer Disclosure Statement and Seller Property Questionnaire , Natural hazard disclosure (NHD) expert’s report and accompanying NHD Statement , and several other disclosure forms that may be applicable to your specific property and sale. Natural Hazard Disclosure Statement.

article thumbnail

Flood Plains, High Winds, and Leased Land: Your Guide to Buying a House in Palm Springs

HomeLight

In California, sellers are required to provide buyers with a natural hazard disclosure report. This will tell you if the home is in an earthquake zone, fire hazard zone, high wind zone, flood zone, and so on. Get your home inspected. And he says it’s not just the inside of the home you need to inspect thoroughly.

Land 93
Insiders

Sign Up for our Newsletter

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

article thumbnail

7 Key Things About Seller Disclosures Every Homebuyer Should Know

HomeLight

Full disclosure forms are typically several pages long and ask in-depth, multi-part questions on topics like roof age, repair history, and homeowners’ association fees. For example, California has some of the nation’s strictest seller disclosure requirements. Disclosure-disclaimer. Source: (David Spates / Shutterstock).

article thumbnail

How Much Are Closing Costs in California?

HomeLight

Common seller concessions include home warranty, home inspection fees, repair credits, and insurance for earthquakes and other natural disasters. 1% of the loan amount Credit report $25 Home inspection Costs vary depending on house size, location, and additional services. 2,942-$5,884 (20% down payment) 0.5%-1% 602 (1,500 sq.

article thumbnail

The Key Paperwork You Need to Sell a House, With or Without a Realtor

HomeLight

Mandatory disclosures. Pre-listing inspection report. Home inspection report. A new contract can be signed without the old contract, and the new buyer will conduct new inspections and obtain a new title insurance policy.”. Give buyers time to conduct a lead inspection. Pre-listing inspection report.

article thumbnail

Selling a House ‘As Is’ in California

HomeLight

California law requires sellers to disclose material facts about the property through the California Association of Realtors Real Estate Transfer Disclosure Statement and natural hazards in the Natural Hazard Disclosure Report/Statement. Consider a pre-listing inspection.

As-is 111
article thumbnail

What You Need to Know About Selling Your House in California

HomeLight

Discuss inspection contingency. Pre-listing inspection. Selling a home in California also requires these additional disclosure forms including: Natural Hazard Disclosure Report/Statement which shows whether the home is in zones predisposed to earthquakes, flooding, fire, or wildland risks. Reconveyance fees.