HomeLight

MAY 28, 2021

Seller disclosures. In many states, seller disclosure forms are required to complete a real estate transaction. Each state has different requirements , but basically the seller is required to tell the buyer of any known problems with the house. Inspections. Attend the inspection. Home warranties.

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Inspection Inspection contingency Seller disclosure Due diligence 107

HomeLight

OCTOBER 9, 2024

Get a pre-listing inspection A pre-listing inspection can speed up the selling process by identifying issues that might deter buyers or lead to extended negotiations. Sharing the inspection report shows transparency, which can foster trust and may even reduce buyer requests for further inspections.

Purchase and sale agreement 105

Purchase and sale agreement Inspection Marketing Seller disclosure 105

HomeLight

OCTOBER 12, 2022

If you need assistance navigating the legalities of what to include on a home seller disclosure form in Utah, HomeLight always encourages you to reach out to your own advisor. We’ve consulted with a top real estate agent and researched items that must be disclosed to help make sense out of the seller disclosure form in Utah.

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Seller disclosure Purchase and sale agreement Homeowner’s association Inspection 111

HomeLight

OCTOBER 31, 2022

In a nutshell, Niakan says, the disclosure form is a handy way to get honest about what you do know — and not worry about what you don’t. Let’s jump into what you need to know about Florida’s seller disclosure form — and what it means for sellers, and buyers, in the Sunshine State. The truth will set you free,” he says.

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Seller disclosure Agents Closing As-is 109

HomeLight

AUGUST 16, 2021

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. Get an inspection before you make an offer so you can factor in the time and expense of making any repairs. Add an inspection contingency. Check the CLUE report.

As-is 122

As-is Title Inspection Inspection contingency 122

Realty Biz

JULY 25, 2023

This means that the buyer and seller have agreed on the terms of the sale. There may still be contingencies that need to be met, such as a home inspection or appraisal. For example, a buyer might have a contingency that the home must pass a home inspection. If the home fails the inspection, the buyer can back out of the sale.

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Sales Inspection Inspection contingency Backup offer 87

Redfin

MARCH 14, 2022

Buyers will need to decide if they’re comfortable with any significant issues disclosed and get a professional inspection to assess what it takes to handle the problem. As a buyer, it’s important to carefully review the seller’s disclosure packets with a real estate agent and during the home inspection. .

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Purchase and sale agreement Seller disclosure Due diligence Inspection 69

HomeLight

OCTOBER 20, 2022

This establishes your ownership, along with details such as purchase price and previous seller disclosures. Many FSBO sellers will purchase a pre-listing appraisal. Check your state’s specific disclosure laws. Pre-inspection. Home inspection report. Stand by for inspection. Original sales contract.

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Purchase and sale agreement Pre-approval Inspection Title 111

HomeLight

MARCH 3, 2025

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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As-is Purchase and sale agreement Inspection Finance 52

Redfin

MARCH 4, 2025

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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Purchase and sale agreement Title Inspection Pre-approval 31

Realty Biz

JULY 11, 2022

But even before closing, you’ll need to pay for a professional inspection out of your pocket. Help to navigate the professional home inspection report. The inspection report does not come with a pass/fail grade. You are almost certainly going to want an agent’s opinion about the inspection report.

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Agents Inspection Seller disclosure Closing costs 84

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

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Purchase and sale agreement Title Closing costs Seller disclosure 98

HomeLight

OCTOBER 20, 2022

If you need assistance navigating the legalities of what to disclose when selling a home in New Jersey (NJ) or using seller disclosure forms, HomeLight always encourages you to reach out to your own advisor. If the seller’s home was built in 1979 or afterward, the form is not required. Joanne Botwinick. Real Estate Agent.

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Purchase and sale agreement Inspection Construction Land 111

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. Once an offer on a home is accepted, the buyer is usually given a specified number of days to inspect the property. What doesn’t need to be disclosed in Georgia?

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Purchase and sale agreement Due diligence Earnest money deposit Inspection 105

HomeLight

FEBRUARY 26, 2021

Pro photos are a standard offering for most brokerages, and 75% of top agents report that they’ve provided complimentary staging services to their sellers in the past, either by offering their own staging expertise or by partnering with a staging pro in the area. Get a pre-listing inspection to avoid a surprise price reduction.

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Inspection Staging Agents Seller disclosure 106

Realty Biz

JULY 1, 2023

Step 4: Property Inspections and Disclosures A home inspection is a comprehensive evaluation of your potential new home that includes an assessment of the structure, mechanical systems, and major appliances. Similarly, the seller may have obligations such as providing necessary disclosures or making agreed-upon repairs.

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Purchase and sale agreement Earnest money deposit Title search Pre-approval 77

HomeLight

OCTOBER 17, 2022

If you need assistance navigating the legalities of what to include on a PA seller disclosure form, HomeLight always encourages you to reach out to your own advisor. So, you’re getting ready to sell your Pennsylvania home, and among the many documents you’ll be signing in the process is a disclosure statement.

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Purchase and sale agreement Seller disclosure Inspection Agents 110

HomeLight

NOVEMBER 10, 2021

When it’s time for the inspection, they’ll reassure you that a damp basement is normal for the town, or tell you to get it checked out by a professional. Step 9: Order an inspection. Even if your offer included a promise to not request repairs after an inspection, you should still get one, if only for informational purposes.

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Inspection Title Agents Pre-approval 98

Hank Miller Team

DECEMBER 1, 2021

Buyers were/are so stressed to secure a home that some toss caution to the wind; overpaying, waiving finance contingencies, inspection contingencies and more. Don't rely on seller disclosures and if inspections are waived, buyers likely have little recourse as a lawsuit can be very hard to win in a "buyer beware" state like Georgia.

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Inspection contingency Seller disclosure Due diligence Inspection 52

HomeLight

FEBRUARY 9, 2023

If you need assistance navigating the legalities of what to include on a home seller disclosure form in New York State, HomeLight always encourages you to reach out to your own advisor. The buyer also signs the disclosure to confirm receipt, and it is then attached to the signed purchase contract.

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Purchase and sale agreement Inspection Residential Agents 105

HomeLight

JUNE 30, 2021

Contingencies are certain conditions that must be met before the closing date and typically relate to financing, inspections, appraisals, and home sale. Inspection contingency. A professional home inspection gives the buyer the opportunity to uncover any potential problems with the house before purchasing. Financing contingency.

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Purchase and sale agreement Inspection contingency Home sale contingency Inspection 98

HomeLight

FEBRUARY 28, 2021

Know what to watch for during an inspection. There are specific red flags buyers need to watch for during the inspection stage when they buy a house in Miami Beach. If you want to buy a house in Miami Beach, be sure to get a good inspection company. “We Expect to pay anywhere from $75-$200 for a full inspection. .

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Inspection Residential Seller disclosure Land 85

HomeLight

MARCH 31, 2022

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.

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Purchase and sale agreement Inspection Inspection contingency MLS 110

HomeLight

JANUARY 10, 2023

FSBO sellers in California may consider getting a home inspection prior to listing their home for sale. However, be aware that if you get a pre-listing inspection, you will be required to share relevant findings with buyers and how you did or did not address them. Transfer Disclosure Statement.

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Purchase and sale agreement Natural hazards disclosure Inspection Title 111

HomeLight

JANUARY 5, 2022

You can do a cursory inspection of your home and take note of any areas that show signs of wear or damages. Though not every state requires seller disclosures. On the federal level, sellers aren’t legally required to disclose asbestos , but that doesn’t mean the state or local municipality won’t require a disclosure.

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Seller disclosure Inspection Agents As-is 109

HomeLight

NOVEMBER 29, 2021

inspection and loan contingency time frames. 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. Schedule inspection appointments with the buyer. Source: (Zac Gudakov / Unsplash). termite and pest.

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Purchase and sale agreement MLS Inspection Agents 98

Realty Biz

JANUARY 10, 2024

It is also crucial to have a comprehensive home inspection report and any necessary permits or certificates of compliance for renovations or additions made to the property. Finally, you should prepare a seller's disclosure statement outlining any known defects or issues with the property.

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Purchase and sale agreement Seller disclosure Staging Title search 103

AAOA

MARCH 20, 2025

It involves careful research and inspection of a property before finalizing a purchase. Youll review documents, inspect the building, and assess the neighborhood. Its your chance to verify that the property matches the sellers claims. You cant rely solely on the sellers disclosures. Ask questions and take notes.

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Due diligence Title search Purchase and sale agreement Earnest money deposit 52

HomeLight

APRIL 29, 2022

An as-is home sale often indicates that the home has some “big-ticket items” that won’t pass the required inspection or appraisal, he adds. Disclosures. Seller Disclosure Statement. According to the document, the seller must disclose any existing material facts or defects based on their knowledge.

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As-is Purchase and sale agreement Investor Inspection 95

Redfin

AUGUST 3, 2021

If you can negotiate with the seller to lower the price of the home in exchange for them having to pay nothing to a buyer’s agent, then that’s money you can save. Do you need an agent to be present for inspections and appraisals? Review the seller disclosure . Deal with inspections and appraisals.

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Agents Pre-approval Inspection Seller disclosure 73

HomeLight

JULY 29, 2022

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

Closing Purchase and sale agreement Title Home sale contingency 105

Hank Miller Team

JULY 2, 2023

Real estate laws vary by state but there is the expectation of full disclosure of all material facts about a property. Seller disclosures are completed and assumed to be truthful but that’s not always the case. Misrepresentation of a property can result in lawsuits and fines.

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Seller disclosure Inspection Technology Agents 52

RIS Media

SEPTEMBER 20, 2021

Connecticut requires by law that sellers disclose flood hazard and inland wetland designations along with fire and smoke damage, but does not mandate anything regarding past flooding events or damage, or whether flood insurance is required on that property. DELAWARE — GRADE: C. ” INDIANA — GRADE: C. ” In Keefhaver v.

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Design Purchase and sale agreement Agents Inspection 111

Lighter Side of Real Estate

FEBRUARY 17, 2023

When filling out the sellers disclosure form about things you know are wrong with the house, you should: a) Only list the things you think are obvious and that the buyer or their inspector will actually notice or figure out. a) The one who had the highest suggested listing price. c) The one who has the nicest car.

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Renovation Seller disclosure Agents Inspection 98

Realty Biz

OCTOBER 28, 2022

This is a red flag if your agent is constantly late or misses showings, open houses, inspections, appraisals, or other occurrences. Sellers must provide accurate information on the seller's disclosure. Lack of effort can delay a sale or worse, buyers can lose out on the home of their dreams. They Just Aim to Please.

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Agents Seller disclosure MLS Inspection 83

HomeLight

JUNE 19, 2023

Once accepted, you can close the deal quickly since there are no mortgage approvals or inspections to wait for. Consider offering a home warranty: “A home warranty is a really nice way to defuse a potential inspection issue or deferred maintenance situation…it gives buyers peace of mind,” Cashi says. Everything is negotiable.

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Inspection Staging Short sale Agents 96

The Residential Specialist

OCTOBER 24, 2022

Check the seller disclosure and inspection reports very closely. If there is question regarding any of the materials, or if the house was built before 1974, I’d recommend enlisting a certified contractor to come and inspect on top of the general inspection.”.

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Seller disclosure Inspection Principal Staging 59