article thumbnail

7 Key Things About Seller Disclosures Every Homebuyer Should Know

HomeLight

You go to investigate the root cause of the water intrusion and discover something worse than wet carpet: evidence that the seller likely knew about the issue and told you nothing (nada! This is the exact type of unfair scenario that seller disclosures are supposed to protect you from as a homebuyer. Full disclosure.

article thumbnail

What’s on the Texas Seller Disclosure Form — and Why Does it Matter?

HomeLight

In compliance with Texas Property Code section 5.008, certain home sales may be exempt from part or all of the disclosure process. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Get Estimate.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Prove a Seller Lied on a Real Estate Disclosure Form

RIS Media

In the world of real estate, the seller’s disclosure is a linchpin of transparency intended to guide informed decision-making for potential buyers. This pivotal document is also referred to as the “sellers disclosure,” “sellers disclosures,” or “sellers disclosure form.”

article thumbnail

Under Contract vs. Pending Sale in Real Estate Transactions

Realty Biz

When you're looking to buy a home, you'll likely come across the terms "under contract" and "pending sale." This means that it’s crucial to understand the difference between a pending sale and an under contract and what they mean for a buyer or a seller. This means that the buyer and seller have agreed on the terms of the sale.

Sales 87
article thumbnail

Selling a House ‘As Is’ in Michigan

HomeLight

Ryan Dosenberry , Founder and CEO of Lakeshore Home Buyer , says that sellers unable or unwilling to make repairs is one of the most common reasons houses are sold “as is.” They don’t want to make the repairs themselves to lift the house for sale with a realtor. MLS has a field to mark a listing “as is”?

As-is 109
article thumbnail

What Must Be Disclosed When Selling a House in Utah?

HomeLight

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. With median sales prices rising 24.2% What is a seller’s disclosure? Is a seller’s disclosure form required in Utah?

article thumbnail

Proactive Sales: Answer Buyer Questions With a Perfect Listing Information Package

HomeLight

With tips from Sedillo and an introduction to Disclosures.io , one of our favorite resources for real estate agents, you’ll learn everything you need to know about enhancing your sales by answering buyer questions before they even have to ask. Source: (smolaw / ShutterStock). Square footage. Bedrooms and bathrooms. Asking price. Water damage.

Sales 98