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

HomeLight

The median price of a California home hit $777,500 in November 2022 , which is a 3% decrease from the previous month, a sign that higher interest rates are slowing the real estate market in California. Moreover, homes are sitting on the market for longer and inventory is increasing. Average time on market: 24 days (November 2022).

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Disastrous Disclosures

The Residential Specialist

Like residents, the real estate market is resilient. Exactly what must be disclosed and when varies by state, according to Reischer, who recommends consulting local and state real estate associations to determine requirements in individual markets. “It seems like there’s just constant construction here because of disaster relief.”.

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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. Source: (Bob Osias / Unsplash). Flood plains and high winds. That’s quite a few rounds of golf!

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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. Statutory disclosure forms Each state has its own version of a statutory disclosure form.

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How Much Are Closing Costs in California?

HomeLight

Your California dream home has just come on the market, and you’re eager to make an offer. But Navarro cautions that seller concessions vary by county in California because the real estate markets differ. “In But in other markets or with slower-moving condos and multi-family properties, seller credits are becoming more commonplace.

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

HomeLight

Comparative market analysis. Proposed marketing plan. Mandatory disclosures. Now’s the time for solidifying your selling goals, researching your local real estate market, and devising a flawless marketing strategy. Comparative market analysis. Proposed marketing plan. Manuals and warranties.

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Natural Hazard Disclosure Report (NHD): Disclosing Disaster Risk When You Sell a House

HomeLight

If you need assistance completing California’s Natural Hazard Disclosure (NHD) Statement and Disclosure Report, HomeLight encourages you to reach out to a professional advisor. Find an Agent Skilled at Handling Natural Hazard Reports HomeLight can connect you with a top-performing, trusted agent in your California market.