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Pros and Cons of Selling Your Home As-Is

Cleveland Appraisal Blog

For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. Going for an as-is home sale eliminates the need for a lengthy renovation process. Moreover, buyers sometimes prefer to renovate the home according to their taste.

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Just Put in an Offer on a Home? Here's What to Expect

Eppraisal

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.

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7 Tips: Negotiating Repairs After a Home Inspection

Raleigh Realty

Is the seller not willing to negotiate repairs? Working through repairs on the home inspection shouldn't be a battle, there should be a mutual understanding from both sides why a buyer is requesting certain repairs and why the seller may decline those repairs. As a buyer, always try to come to the seller from a kind, courteous place.

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Tips For Selling Your Home With Pets (And Why It Might Be A Selling Point)

Quicken Loans

Our love is unconditional, and we may have even carried out home renovations to accommodate our pets. In fact, some of the cost of those renovations you made might be recouped by value added to your home’s sale price. In a seller’s market, there are more buyers than there are houses to buy, so buyers can’t afford to be too finicky.

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What Is Appraisal Review in Real Estate?

AmeriMac

The seller wants to max out the estimate based on the growing inflation and number of renovations made, while the buyer wants the best deal in the market even as home affordability worsens. However, a desk review can not verify the accuracy of the data presented in the report. Resolves Legal Conflict. Field Review.

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The REO Guide: 10 Steps to Buying a Bank-Owned Home

PennyMac

Some homebuyers are intimidated by foreclosed and bank-owned homes because they often require more renovations — and a different type of negotiation — than other options on the market. The lender initiates legal proceedings against the borrower to foreclose on the property. Foreclosure. 10 Steps to Buying REO Properties.

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5 Things You Need to Know About Real Estate Disclosures

Zillow

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.