Real estate disclosures are statements that inform buyers about the condition, history, and defects of a property. Real estate disclosures are required by law in most states and can protect sellers from legal liability and lawsuits. Real estate disclosures can also affect the price, negotiation, and inspection of a property. Here are some things you should know about real estate disclosures and what they include.
A final walk-through is the last inspection of the property before closing the deal. A final walk-through is an opportunity for the buyer to verify that the property is in the same condition as agreed upon in the contract, that all repairs have been completed, that all items have been removed or left behind as agreed upon, and that no new issues have arisen since the last inspection. Here are eight things to look at when doing your final walk-through and what to do if you find any problems.
Buying a new home while selling your current house can be a tricky and stressful situation. You need to find a way to finance your new home purchase without relying on the sale of your current house, which can be unpredictable and time-consuming. You also need to avoid paying two mortgages at the same time, which can strain your budget and cash flow. Here are some options on how to finance a new home purchase while selling your current house and what pros and cons they have.
Buying a house that is for sale by owner (FSBO) means buying a house directly from the seller without involving any agents or brokers. Buying a house that is FSBO can offer you some advantages, such as saving money on commissions, having more control over the deal, and dealing with motivated sellers. But buying a house that is FSBO also comes with some challenges, such as doing more research, paperwork, and negotiation. Here are some tips on how to buy a house that is FSBO and what steps to take.
Buying a house is one of the most exciting and rewarding experiences you will ever have. But it can also be expensive, especially if you don’t account for all the costs involved. Besides the purchase price, there are many hidden costs of buying a house that can add up quickly and surprise you if you are not prepared. Here are six hidden costs of buying a house that you should know about and budget for.
Due diligence is the process of investigating and verifying the details of a property before you buy it. Due diligence can help you avoid costly mistakes, legal issues, and unpleasant surprises. Due diligence can also help you negotiate better terms, conditions, and price for your purchase. But how do you perform due diligence and what steps should you take? Here are 10 steps to take before you buy a property and why they are important.
Demystifying Title Agencies: Your Key to Seamless Selling! Curious about the role of title agencies in FSBO transactions? This insightful article uncovers their indispensable role in your home selling journey. From navigating legal intricacies to ensuring airtight transactions, discover how title agencies empower For Sale By Owner sellers with confidence and expertise. Explore the ins and outs of this crucial partnership for a successful property sale.
A primer to the contracts and paperwork you’ll encounter when selling your home.
Here are some common things you might feel like saying and why you should keep them to yourself (especially if you’re walking the house with the seller).
Paperwork of any sort can be a headache and when it comes to closing the sale on a home, first-timers might fear there isn’t an aspirin big enough.