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

Realtor

OCTOBER 29, 2020

These are the most common contingencies that are part of your new home closing process: Home inspection contingency: This gives buyers the right to have the home professionally inspected. It’s rarely advisable to waive an inspection contingency. This official document outlines your exact mortgage payments, the loan’s terms (e.g.,

Buyers 208

Buyers Inspection Contracts Real Estate Agent 208

Movoto

MAY 29, 2024

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. The steps completed during the real estate closing process are as follows – just note that some steps will differ for buyers and sellers.

Real Estate 36

Real Estate Inspection Real Estate Agent Buyers 36

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. Your offer will only become legally binding if the seller signs it.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

Movoto

APRIL 8, 2024

After submitting an offer on a home you plan to purchase, a few things might happen – once an offer is accepted (typically, after negotiations but not always), real estate sales agreements come into effect between buyers and sellers. It specifies whether the buyer or seller will be responsible for acquiring this protection.

Contracts 36

Contracts Real Estate Property Taxes Legal 36

Raleigh Realty

FEBRUARY 4, 2022

What is Dual Agency in Real Estate and Should you Avoid it Most buyers and sellers are familiar with how listing agents and buyer’s agents work which leads us to the question of what is dual agency in real estate? My first transaction as a Real Estate Agent was as a dual agent representing both the buyer and the seller.

Real Estate 148

Real Estate Real Estate Agent Sellers Agents 148

Raleigh Realty

AUGUST 17, 2021

Whether you are a first-time home buyer or you're buying again, you will want to know how Due Diligence and Earnest Money impact you as a buyer or seller in North Carolina The following article is going to be regarding Due Diligence, Due DIligence fees, and Earnest Money in North Carolina Real Estate. Due Diligence: What Is it?

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

D Fritz Appraisals

NOVEMBER 16, 2023

A home appraisal is a legal document that determines fair market value for a property. The appraisal process includes an inspection of the property and research of comparable properties in the local area by a qualified professional. What is an Appraisal, and Who Pays for it?

Appraisal 103

Appraisal Appraisal Process Legal Inspection 103

Lamacchia Realty

DECEMBER 11, 2023

From the Covid-19 driven frenzy in 2020 to the significant inventory slowdown this year , buyers , sellers , and agents have all had adapt and grow comfortable with change. What these sellers fail to recognize is that although FSBOs don’t require a commission, the homes typically sell for much less than if a REALTOR® handled the transaction.

Realtors 71

Realtors Real Estate Agent Sellers Realty 71

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. This means that both the buyer's and seller's attorneys will have that amount of time to look over the contract and propose any legal changes to the contract that they deem necessary.

Real Estate 36

Real Estate Inspection Real Estate Agent Contracts 36

Lamacchia Realty

JULY 10, 2023

So, if you’re purchasing a home that was built after August of 2004, it’s best to check with the seller and their agent about the drywall. Due to the potential financial implications, sellers may try to conceal the presence of defective drywall in their property in order to sell the home for a higher price.

Inspection 68

Inspection Realty Agents Sellers 68

Realtor

OCTOBER 29, 2020

These are the most common contingencies that are part of your new home closing process: Home inspection contingency: This gives buyers the right to have the home professionally inspected. It’s rarely advisable to waive an inspection contingency. This official document outlines your exact mortgage payments, the loan’s terms (e.g.,

Buyers 78

Buyers Inspection Contracts Real Estate Agent 78

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

Raleigh Realty

FEBRUARY 24, 2022

"Under contract" is one of them, which is exactly what it sounds like: a prospective seller and a buyer have entered into a process where they've agreed to not only the terms of the contract but other important factors like the sale price, the closing date, contingencies and more.

Contracts 147

Contracts Real Estate Sellers Real Estate Agent 147

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. Lead-Based Paint. In the Contract.

Inspection 54

Inspection Sellers Agents Law 54

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

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 362

Real Estate Real Estate Agent Law Inspection 362

Raleigh Realty

FEBRUARY 19, 2022

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. Your mortgage lender informs you of the next step in the process: the home appraisal.

Appraisal 148

Appraisal Appraisal Process Real Estate Agent Renovations 148

Appraisal Hub

JANUARY 11, 2021

There are many different reasons to conduct a property appraisal, such as to help sellers and buyers identify reasonable selling or buying prices, determine the property’s value for mortgage purposes, tax assessments, and business dissolution. It’s not the same as a property inspection. A client must order the appraisal.

Real Estate 78

Real Estate Appraisal Property Appraisal Inspection 78

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

Eppraisal

JULY 1, 2022

Preparing all legal documents, like the bill of sale document. Meeting with inspectors, contractors, agents and other professionals during the inspection period. Usually, sellers pay a percentage of the final sale price to the agent who helps them sell the house.

Real Estate Agent 36

Real Estate Agent Real Estate Home Value Legal 36

McKissock

MAY 15, 2023

Consider establishing side businesses such as home inspection, staging, and perhaps even brokerage. (It Don’t assume that because you know real estate from an appraiser’s perspective, that you can represent buyers or sellers successfully.) Real estate markets tend to be cyclical, but the cycles are only vaguely predictable.

Business 71

Business Appraisal Advertising Real Estate 71

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

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

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

The Robert Weiler Company

DECEMBER 9, 2022

Commercial real estate agents are the go-between for all interactions involving the buyer and seller of a property. Commercial agents also inform their clients of any additional steps required for the deal to finalize; for instance, a commercial property may need an inspection before closing the sale. Buyer’s Agents.

Real Estate Agent 78

Real Estate Agent Realtors Real Estate Agents 78

Zillow

SEPTEMBER 24, 2016

But every so often, the seller paints the house in hopes of covering something up. In most parts of the country, sellers (and agents) are required to document any known defects - whether current or past - to potential buyers. But some sellers don’t play by the rules and will try to get one past a buyer.

Real Estate 36

Real Estate Inspection Sellers Buyers 36

The Robert Weiler Company

OCTOBER 15, 2021

During the real estate due diligence process, a responsible CRE investor will spend weeks scrupulously inspecting all aspects of the commercial property for sale. As such, investors must verify the seller, financials, and property obligations (i.e., Skimping out of the physical inspection.

Investing 138

Investing Real Estate Tenants Investors 138

PennyMac

JUNE 28, 2022

Throughout the process of buying a home, many professionals have contributed important services, and both buyers and sellers will need to pay fees for that before the property can be officially sold. From taxes, to inspection fees, to mortgage fees, you’ll need to make sure each party is paid to fully purchase your home.

Insurance 36

Insurance Property Taxes Sellers Inspection 36

PennyMac

DECEMBER 22, 2020

The lender initiates legal proceedings against the borrower to foreclose on the property. In many cases, lenders are motivated sellers who do not want to sit on their REO inventory, and (depending on the bank’s history with the property) these homes may be priced at a discount. Step 7: Have the Property Inspected.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

Quicken Loans

MAY 12, 2021

Because a portion of the seller or buyer proceeds are held in an escrow account until the work has been finished, they’re given an incentive to actually finish the work. The seller may not have time or money to make repairs before closing. What Is A Seller Credit For Repairs? What If The Seller Refuses To Make Required Repairs?

Sellers 52

Sellers Buyers Appraisal Construction 52

Realvals

JUNE 18, 2023

” ( source ) The only way to obtain legal ownership of the property is to go through the probate process. An appraisal will help establish this value and ensure you receive proper documentation for your tax records. Appraisers don’t inspect electrical, plumbing, insulation, or anything else of the sort.

Appraisal 145

Appraisal Property Taxes Real Estate Market Value 145

Appraisal Today

NOVEMBER 4, 2022

Keep them up to date in every step of the report so that they can keep the Lender (and the Buyer/Seller/Realtor/Closing Attorneys when applicable) all in the loop on the progress of the report. Appraisers tend to get annoyed with constant emails from the AMC about inspection date, completion, report submission, etc. How got your name.

Reconsideration of Value 52

Reconsideration of Value Appraisal Inspection Advertising 52

Aedis Appraisals

JANUARY 12, 2018

With a long-standing history of providing intricate assessments for various legal organisations, insurance companies, and private market financiers, the top-rated real estate appraisers in Vancouver are able to complete all of the following tasks: Direct comparisons to adjacent properties and neighbouring buildings. Long-term investments.

Real Estate 36

Real Estate Appraisal Valuation Legal 36

AmeriMac

JANUARY 15, 2024

The home appraisal process involves a thorough inspection of the property, analysis of market conditions, and the creation of a comprehensive appraisal report. The appraisal report provides an accurate valuation of the property, which is crucial for both buyers and sellers in real estate transactions. What Does a Home Appraiser Do?

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

Listing Spark

SEPTEMBER 5, 2023

While their advice and services can be helpful, you aren’t legally required to use one. FSBO sellers identify this step as one of the biggest challenges in selling their homes, but there are a few ways to simplify it. Only licensed real estate agents have access to the database, so it used to be unreachable for FSBO sellers.

Realtors 36

Realtors Real Estate Agent Real Estate Agents 36

PennyMac

APRIL 2, 2020

Plus, some sellers will only consider offers from buyers who are pre-approved, so it’s best to set yourself up for success with this easy move. An added bonus is that agents don’t cost the home buyer anything; they’re compensated mainly via a commission from the seller of the home. when you find your dream home.

Real Estate Agent 36

Real Estate Agent Inspection Sellers Real Estate 36