Housing Wire

NOVEMBER 22, 2023

In fact, if you were to describe the home buying experience solely upon the things we see in advertisements, the process would end with the sales contract and all parties would merrily proceed directly to the handing over of the keys. There’s an entire industry built upon the “What’s next?” in question.

HOA 395

HOA Real Estate Agent Technology Real Estate 395

Lamacchia Realty

MAY 6, 2024

Their job is to make sure the sale from the seller to the buyer happens within the confines of the law, while also looking out for your best interests. Document Review and Preparation A real estate lawyer focuses on reviewing and creating important documents, especially the Purchase and Sales agreement.

Real Estate 70

Real Estate Legal Law Contracts 70

Housing Wire

OCTOBER 31, 2023

Davis also discussed the MLS and how the National Association of Realtors’ Clear Cooperation Rule impacts both buyers and sellers during her time on the stand. Like the defendants who testified before her, Davis noted that buyers’ agents help both buyers and sellers, as they help bring qualified buyers to the bargaining table.

Agents 373

Agents Sellers Buyers Law 373

Listing Spark

OCTOBER 25, 2023

Selling your home can be an exciting and stressful time, especially when you choose to do it as a For Sale By Owner (FSBO) seller. While it may seem like the best approach to save money by avoiding commission fees, it’s essential to be aware of some of the pitfalls that FSBO sellers face when selling their home.

Sellers 36

Sellers Legal Real Estate Real Estate Agent 36

Housing Wire

AUGUST 4, 2023

Yes, you should certainly be able to post an impressive listing and understand the ins and outs of closing, but helping buyers and sellers means cultivating a diverse set of skills to navigate a complex and ever-changing real estate market. Can you: Send and receive documents for electronic signatures?

Real Estate Agent 340

Real Estate Agent Real Estate Agents Clients 340

Housing Wire

JUNE 11, 2021

You can potentially ask the seller to pay for the improvements, or you can ask for a lower sales price to offset the cost of the repairs. If the appraised value ends up matching or is higher than the contract price, the transaction can continue as planned. If it’s denied, buyers can also choose to walk away from the deal.

Inspection 423

Inspection Appraisal Buyers Appraisal Process 423

Housing Wire

MARCH 7, 2022

Absolutely, I will offer an NFT option to sellers within the next year,” said Richard Hopen, a Compass agent in Short Hills, New Jersey. The Gulfport seller, Heckler explained, created a limited liability company that held ownership of the home. Propy then guided the seller into minting the LLC as an NFT.

Real Estate 455

Real Estate Law Inspection Agents 455

Realtor

OCTOBER 29, 2020

You have a specified time period, as stated in the sales contract, during which you have to obtain a loan that will cover the mortgage. When you buy a home, you “ take title ” to the property and establish legal ownership—a process that’s confirmed by local public land records. Bring the necessary documentation to closing.

Buyers 208

Buyers Inspection Contracts Real Estate Agent 208

Lamacchia Realty

FEBRUARY 2, 2023

WHY YOU SHOULD USE A REAL ESTATE ATTORNEY TO SELL YOUR HOME As a home seller you may think you are saving money by not hiring an attorney to guide you through the legal aspects of your sale but in actuality, it could end up costing you more not to! Again, this is a legal document that needs to be done right!

Real Estate 77

Real Estate Sellers Legal Inspection 77

Eppraisal

OCTOBER 23, 2023

The seller can reject your bid, make a counteroffer or accept your original proposal. Your response depends on how the seller replies. If the Seller Rejects Your Offer The seller may deny your home purchase offer for various reasons. You can say no to the counteroffer, accept it or propose new changes to the contract.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

Housing Wire

MAY 23, 2023

In other words, independent mortgage banks (IMBs) acting as buyers in M&A deals are being asked to assume the future R&W liabilities for past loans sold to Fannie Mae by the seller should the seller, at some point, be unable to honor the terms of the contracts.

Buyers 338

Buyers Sellers Finance Contracts 338

Raleigh Realty

AUGUST 17, 2021

Understanding Due Diligence and Earnest Money in North Carolina Real Estate When you go under contract on a home in North Carolina you are going to encounter terms like Due Diligence and Earnest Money. It's important to note that real estate contracts and laws change depending on what state you are in. Due Diligence: What Is it?

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

Hank Miller Team

NOVEMBER 8, 2021

What happens if the seller didn’t make the agreed upon repairs? The most common problems are changes in the home from contract to close and agreed upon repairs. In other words, the home should transfer with the included items and in the same overall condition as it was when contracted. What happens if the HVAC isn’t working?

Buyers 95

Buyers Contracts Sellers Legal 95

Raleigh Realty

MARCH 23, 2021

The question should I sell my home for sale by owner or without a Realtor® is likely one asked by every home seller with the thought of trying to save money. It's important to reverse engineer the sales process as a seller as you will want to understand who your target buyer is and that is likely someone working with a Realtor.

Real Estate Agent 133

Real Estate Agent Real Estate Realtors Contracts 133

Movoto

MAY 29, 2024

After an offer is accepted when buying a home , the sale will enter the under-contract phase leading up to the final real estate closing day. Once the parties sign the real estate purchase agreement and the buyer pays earnest money, several additional steps must be completed before the property can successfully transfer from seller to buyer.

Real Estate 36

Real Estate Inspection Real Estate Agent Buyers 36

Housing Wire

MARCH 14, 2022

As the principal broker for a RE/MAX franchise in coastal Cannon Beach, Oregon, Alaina Giguiere’s typical responsibilities include marketing homes for sellers, touring homes with buyers, generating new business leads, managing client relationships, and drafting and reviewing contracts with buyers and sellers.

Real Estate 396

Real Estate Insurance Law Real Estate Agent 396

Eppraisal

JULY 19, 2022

Contract Review Whether you are a home buyer or a home seller, once you sign a contract it is time to hire a real estate attorney. Most real estate contracts call for a specific amount of time, typically five to 10 business days, for attorney review. All correspondence is usually in the form or legal letters and emails.

Real Estate 36

Real Estate Inspection Real Estate Agent Contracts 36

The Robert Weiler Company

SEPTEMBER 19, 2022

A simple conservation easement definition is a legal contract to protect private land, permanently. A contract between the landowner and the buyer is legally binding. A land trust is a legal entity that assumes ownership of purchased property. The entity controls the land according to the terms of the contract.

Easement 148

Easement Legal Government Contracts 148

Hank Miller Team

JANUARY 16, 2023

The document lays out the requirements of each party. Some agents cover all costs up front, some have sellers pay and agents reimburse them at close, others have all marketing covered by the seller. READ the contract and look for stipulations inserted by the agent. The agent is interested in a double commission.

Real Estate Agent 98

Real Estate Agent Real Estate Agents Sellers 98

Realtor

OCTOBER 29, 2020

You have a specified time period, as stated in the sales contract, during which you have to obtain a loan that will cover the mortgage. When you buy a home, you “ take title ” to the property and establish legal ownership—a process that’s confirmed by local public land records. Bring the necessary documentation to closing.

Buyers 78

Buyers Inspection Contracts Real Estate Agent 78

Listing Spark

OCTOBER 9, 2023

In this blog post, we’ll explore the typical experience of a For Sale By Owner seller and provide insights into what you can expect when listing your property. By eliminating these costs, sellers can potentially save thousands of dollars. Buyers appreciate proactive and attentive sellers. What is For Sale By Owner?

Real Estate Agent 36

Real Estate Agent Legal Real Estate Agents 36

Raleigh Realty

FEBRUARY 19, 2022

They can keep buyers up at night after going under contract on a home. The seller accepts your offer and you are officially under contract and the home will be marked contingent. Home appraisals are also ideal for buyers because it determines if the seller is asking for more money on a home than the home is worth.

Appraisal 148

Appraisal Appraisal Process Real Estate Agent Renovations 148

Hank Miller Team

FEBRUARY 27, 2022

Princes are conventional loans with as much down as possible Offer 3-4 in earnest money and deposit it within a day of contract Waive contingencies like inspection, appraisal, and financing Learn what is key to seller and try to accommodate them Keep things simple, no nonsense stipulations or asks This is the market right now (late 2/22).

Buyers 52

Buyers Inspection Contracts Sellers 52

East Coast Appraisal

JUNE 10, 2022

It is possible for the appraisal price of a property to be lower than the agreed-upon purchase price between buyer and seller. It's common for sellers to receive multiple offers that are above their list price when selling a home in today's real estate market. Negotiate a Lower Sale Price. Increase Your Down Payment.

Appraisal 52

Appraisal Appraisal Process Real Estate Sellers 52

McKissock

SEPTEMBER 20, 2021

In its Standard of Practice 1-2, “client” means persons or entities with which the Realtor® has an “agency or legally recognized non-agency relationship.” Article 2 requires honest communications regarding a seller’s property. You may represent the seller and will owe fiduciary duties to that seller.

Real Estate 58

Real Estate Clients Real Estate Agent Realtors 58

Hood Homes Blog

SEPTEMBER 23, 2019

The Seller’s Disclosure is required by law, but ultimately not very useful Do your own due diligence on a property, including a third party inspection ! The seller is responsible to keep the seller’s disclosure updated. Texas Seller’s Disclosure Law. SELLER’S DISCLOSURE OF PROPERTY CONDITION. (a)

Inspection 54

Inspection Sellers Agents Law 54

McKissock

APRIL 3, 2022

There are usually too many cooks in the kitchen when you’ve got those who handle your listings, payment transactions, as well as your legal documentation with your clientele. For buyers and sellers, this means they’ll get more bang for their buck when they save on commissions and fees typically charged by brokers, lawyers, and banks.

Real Estate 73

Real Estate Real Estate Agent Technology Contracts 73

Will Springer Realtor

JANUARY 3, 2023

Among the more pronounced acts of discrimination were written into property documents that prohibited people of color from residing in certain surroundings such as on a street or in a property development. Supreme Court decision ruled the covenants as enforceable contracts.

Real Estate 36

Real Estate Technology Investing Legal 36

Eppraisal

JANUARY 29, 2023

In this posting, we will follow the acts of contract negotiation and legal settlement when undeveloped land changes ownership. Contacting the Seller The first question a buyer must answer is whether the lot is listed for sale or not. is performed; funds are transferred; documents are signed and title is passed.

Development 36

Development Counter Offer Easement Legal 36

Eppraisal

JULY 28, 2023

The integration of AI technologies is revolutionizing the way people buy and sell houses, streamlining processes, enhancing decision-making, and providing new opportunities for buyers, sellers, and real estate agents. Streamlined Transaction Process Buying or selling a house often involves a complex web of paperwork and legal procedures.

Real Estate Agent 36

Real Estate Agent Real Estate Sellers Buyers 36

The Robert Weiler Company

OCTOBER 15, 2021

Another mistake – perhaps one of the more obvious (and, consequently, most detrimental) mistakes – is contracting the commercial property for sale in your personal name. As such, investors must verify the seller, financials, and property obligations (i.e., retirement accounts) can be included as fair game in a lawsuit.

Investing 138

Investing Real Estate Tenants Investors 138

D Fritz Appraisals

AUGUST 12, 2019

Real estate appraisal documents are legal, confidential documents that are only released to the original requestor of the appraisal report as well as other parties with the original requestor’s permission. They both happen prior to the sale of a home and are often both added as subjects on a contract.

Inspection 94

Inspection Appraisal Real Estate Property Appraisal 94

McKissock

MAY 8, 2022

There are usually too many cooks in the kitchen when you’ve got those who handle your listings, payment transactions, as well as your legal documentation with your clientele. For buyers and sellers, this means they’ll get more bang for their buck when they save on commissions and fees typically charged by brokers, lawyers, and banks.

Real Estate 52

Real Estate Real Estate Agent Technology Agents 52

Will Springer Realtor

SEPTEMBER 14, 2021

The primary legal document with your seller is the purchase and sale agreement. There are documents within Washington’s form system specific to these scenarios that would accompany the main purchase and sale agreement. That may include the use of both contingent and non-contingent funds. Read more.].

Buyers 36

Buyers Legal Sellers Contracts 36

The Robert Weiler Company

MAY 14, 2021

Operationally, it triggers a series of legal processes necessary to reallocate ownership of assets and belongings from the deceased to their beneficiaries. Settling an estate usually requires probate, the legal process reassigning ownership from a deceased person to their living beneficiary performed in court.

Real Estate 133

Real Estate Appraisal Legal Valuation 133

Housing Wire

NOVEMBER 30, 2023

Real Estate Law: Covers Real Estate Law and Legal areas Impacting real estate professionals Examine the law of agency as applied to real estate brokers and sales personnel, law of fixtures, estates, mortgages and liens, OH license laws of Ohio, zoning & more. Athens Campus location.

Real Estate 367

Real Estate Real Estate Agent Law Inspection 367

Zillow

JULY 15, 2019

Appraisal : An informed, impartial and well-documented opinion of the value of a home, prepared by a licensed and certified appraiser and based on data about comparable homes in the area, as well as the appraiser's own walkthrough. Closing : A one- to two-hour meeting during which ownership of a home is transferred from seller to buyer.

Real Estate Agent 56

Real Estate Agent Insurance Inspection Buyers 56