Housing Wire

MAY 21, 2024

Be diligent with a home inspection Since non-disclosure states lack public information on property conditions, a thorough home inspection becomes even more critical. You can request the seller disclose any known issues, and negotiate repairs or price adjustments based on the inspection’s findings.

Real Estate Agent 488

Real Estate Agent Real Estate Inspection Valuation 488

Housing Wire

MARCH 7, 2022

In a forthcoming paper for Florida Law Review, law professors Juliet Moringiello at Widener University Commonwealth and Christopher Odinet at the University of Iowa studied NFTs potential in real estate. A homebuyer closely inspecting their property before closing also does not strike most observers as a waste of time.

Real Estate 501

Real Estate Law Inspection Agents 501

The Robert Weiler Company

JANUARY 2, 2021

Are you familiar with a land contract in Ohio, as well as the state-specific requirements? What is a land contract in Ohio, really? Essentially, a land contract is an alternative financing option if you’re investing in: Farmland or raw land. So, what is a land contract agreement, and how does it work? A home or condo.

Contracts 143

Contracts Tenants Legal Sellers 143

Empire Appraisal Group

DECEMBER 12, 2024

The tragic collapse of Surfsides Champlain Towers South condo building in 2021 left 98 people dead and led to sweeping reform of the states condo inspection law. Before the Surfside incident, milestone inspections were required at the 40-year mark. Regardless of the price, well sign a contract and get it going, he said.

Real Estate Agent 78

Real Estate Agent Inspection Real Estate Development 78

Housing Wire

MARCH 2, 2022

Without effective and properly enforced regulations — including peer-reviewed engineering and licensed inspections — we risk catastrophes like the Champlain Towers collapse. One way or another, the law of supply and demand will shape the cities of tomorrow. Of course, regulations perform an essential civic function.

Development 370

Development Real Estate Design Local Properties 370

Housing Wire

NOVEMBER 30, 2023

Considerations for attorneys in Ohio If you are an active, licensed attorney in the state of Ohio, you may be able to apply some of your law degree credits toward the Ohio prelicensing course requirements. Be honest and truthful Not be convicted of a disqualifying offense. government-issued alien registration card U.S.

Real Estate 459

Real Estate Real Estate Agent Brokerage Agents 459

GoForrmz

DECEMBER 5, 2024

Digital Forms: Streamlining Documentation Managing real estate transactions involves a significant amount of paperwork, from rental agreements to inspection forms and purchase contracts. Combined, these tools enhance the customer journey and expedite decision-making processes, particularly for international or long-distance clients.

Real Estate 78

Real Estate Property Management Tools Clients 78

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

Cleveland Appraisal Blog

JANUARY 7, 2021

This is due to the law of diminishing returns. However, what if the car salesman said that the buyer would have to sign a contract stating that they could not resell the second car? Upon inspecting this home, I found that the home sits on a huge rock formation, which takes up a good portion of the left side of the property.

Appraisal 347

Appraisal Inspection Legal Real Estate 347

Housing Wire

DECEMBER 7, 2023

Covers reciprocal application process, relevant laws & regulations Base Non-Credit NH Reciprocity: For anyone licensed in MA seeking NH reciprocity eligibility. Covers licensing laws & the reciprocal licensing process.

Real Estate 435

Real Estate Real Estate Agent Law Brokerage 435

Housing Wire

APRIL 27, 2023

But the caveat, of course, is that all bets are off if there’s a more meaningful contraction in lending [in the wake of recent bank failures and other economic factors] because then you’re in serious trouble,” Petrosinelli added.

Renovations 394

Renovations Investing Real Estate Marketing 394

Raleigh Realty

MARCH 31, 2021

Different states have different laws as it surrounds contingencies so you'll want to speak with your Realtor about the current local rules for contingent homes. Once a contract is accepted both buyer and seller have contractual obligations to live up to and only the buyer may back out at that point.

Real Estate 148

Real Estate Sellers Contracts Buyers 148

Cleveland Appraisal Blog

AUGUST 11, 2022

Therefore, you don’t have to fix or account for any issues that might be discovered in a professional home inspection issued by the buyer. In sum, you are better off if you keep it clear and transparent since you might have problems with the law otherwise. ’ The Pros of an As-Is Home Sale.

Renovations 221

Renovations Buyers Appraisal Investing 221

GoForrmz

AUGUST 14, 2023

Always verify your use of eSignature with your local laws. Here are the top five ways users are leveraging the digital Signature form field today: Field Reports (construction daily reports, job site updates, etc.) Get Started With Utilizing Signature Fields

Legal 128

Legal Contracts Law Inspection 128

Listing Spark

JANUARY 5, 2025

Unfortunately a contracts as-is clause can be confusing for some sellers. To avoid confusion, its essential for sellers to disclose any known defects or issues with the property and for buyers to conduct thorough inspections before making an offer. This gives the buyer an unrestricted right to stop the contract for any reason.

Inspection 36

Inspection Sellers Real Estate Agent Contracts 36

Raleigh Realty

MARCH 23, 2021

For example, buyers may make an offer on your home that is contingent on your house passing a home inspection. What Real Estate Contract do I Use When Selling For Sale By Owner? The contract must be signed by both the buyer and seller to be fully executed. You can impose contingencies on the buyer as well.

Real Estate Agent 133

Real Estate Agent Real Estate Realtors Contracts 133

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. During the real estate due diligence process, a responsible CRE investor will spend weeks scrupulously inspecting all aspects of the commercial property for sale.

Investing 138

Investing Real Estate Tenants Investors 138

Eppraisal

OCTOBER 28, 2021

According to epa.gov, "Federal law requires that sellers of homes built before 1978 disclose that the property may produce exposure to lead from lead-based paint." These can include and are not limited to: a whole house inspection, a radon test, a mold inspection, a lead-based paint inspection, a pest inspection and a sewer inspection.

Inspection 36

Inspection Sellers Contracts Buyers 36

Birmingham Appraisal

SEPTEMBER 15, 2022

You can read more about property inspection waivers in a past article I wrote. Appraisal vs Home Inspection. As a new homeowner, you might be confused about the differences between an appraisal and a home inspection. Home inspections are normally regulated by the state.

Appraisal 98

Appraisal Inspection Appraisal Process Real Estate Agent 98

Will Springer Realtor

MARCH 1, 2022

A home inspection is almost always the best route to take before purchasing a property. In a competitive market, however, buyers recognize that submitting an offer with a request to conduct a traditional inspection can hurt their chances of winning a bidding war. This is the best option when a traditional inspection is not viable.

Inspection 36

Inspection Buyers Sellers Real Estate 36

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 ! Texas Seller’s Disclosure Law. The Seller’s Disclosure is required under Texas State law. In the Contract. The Fort Hood Inspection.

Inspection 54

Inspection Sellers Law Agents 54

The Robert Weiler Company

MAY 14, 2021

Independent and not contracted with any party, institution, or broker. Both the interior and exterior of all the decedent’s properties must be inspected. Any records that count help authenticate the property’s condition around the date of death, such as deeds, inspection reports, leases, rent rolls, income statements, or photographs.

Real Estate 133

Real Estate Appraisal Legal Valuation 133

McKissock

JULY 19, 2022

Hasty changes to terms and conditions of the housing contract. Sellers are often on a time crunch to get properties locked into a contract, which leaves little time to properly deal with the unexpected. Looks can be deceiving, so be sure to ask for the paperwork showing that routine inspections have been performed.

Real Estate 98

Real Estate Real Estate Agent Sellers Agents 98

Appraisal Hub

FEBRUARY 15, 2024

These appraisals are more complex, considering factors such as revenue generation, operating costs, tenant contracts, and market position. Physical Inspection: A thorough inspection of the property to assess its condition, quality of construction, and any features that may affect its value.

Real Estate 78

Real Estate Appraisal Inspection Appraisal Process 78

Raleigh Realty

FEBRUARY 19, 2022

Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. The home appraisal is something you can negotiate prior to going under contract as well, or even while under contract. It's one of the final steps after going under contract.

Appraisal Process 139

Appraisal Process Appraisal Construction Sellers 139

McKissock

JANUARY 18, 2022

Dale Schaechterle, the founding partner and CEO at Realty Executives Integrity , shares with Forbes that the services of a good real estate agent are essential for a first-time home buyer given the complicated network of mortgage rates and tax laws that they will have to navigate. Honesty Counts.

Real Estate Agent 96

Real Estate Agent Real Estate Buyers Agents 96

Appraisal Today

OCTOBER 13, 2023

Revising the definition of personal inspection For purposes of clarification, the ASB revised the definition of personal inspection to read, in part: “(for an appraisal assignment) the appraiser’s in-person observation of the subject property performed as part of the scope of work…” There are three key elements to this definition.

Appraisal 84

Appraisal Law Contracts Business 84

Raleigh Realty

AUGUST 3, 2021

Some things that are most important to consider in evaluating your land in the beginning stages include: Local zoning laws: these can affect the size and height of the buildings you are allowed to build or even if you're allowed to build at all. Raw land can be very expensive to develop.

Real Estate Agent 148

Real Estate Agent Construction Development Real Estate 148

Genworth MI Blog

JUNE 27, 2019

Will I be seen as overstepping the law? Because of this reality, many laws and regulations have been enacted over the past 10 years to discourage improper communication with the appraiser. Similar rules, laws, and regulations have been issued by state legislatures, secondary market entities, and banking regulators.

Appraisal Tips 78

Appraisal Tips Appraisal Law Inspection 78

Genworth MI Blog

JUNE 27, 2019

Will I be seen as overstepping the law? Because of this reality, many laws and regulations have been enacted over the past 10 years to discourage improper communication with the appraiser. Similar rules, laws, and regulations have been issued by state legislatures, secondary market entities, and banking regulators.

Appraisal Tips 78

Appraisal Tips Appraisal Law Inspection 78

The Robert Weiler Company

APRIL 15, 2022

A more established company might choose a commercial space to lease because the contract offers more security over the long term. A commercial lease is a legally binding contract that details the relationship between a tenant and a landlord. Compliance with Laws. Inspect all neighborhoods and speak with other property owners.

Tenants 144

Tenants Landlords Property Taxes Real Estate 144

The Robert Weiler Company

MARCH 29, 2023

With regularly scheduled inspections, potential issues are discovered early on before it turns into an emergency. Also, you can sometimes obtain maintenance services at a discounted rate when the work is contracted through the property management company. Is there a fee for early termination of the property manager company contract?

Property Management 78

Property Management Tenants Real Estate Investors 78

Realtor

FEBRUARY 22, 2019

Whoever takes out the mortgage pays for the home appraisal, unless the contract specifies otherwise. The mortgage company is then required by law to give a copy of the appraisal to you. Once your appraisal is done, you’re still not ready to close without another nerve-racking step called a home inspection. ——.

Appraisal Process 78

Appraisal Process Appraisal Mortgage Buyers 78

Realtor

FEBRUARY 22, 2019

Whoever takes out the mortgage pays for the home appraisal, unless the contract specifies otherwise. The mortgage company is then required by law to give a copy of the appraisal to you. Once your appraisal is done, you’re still not ready to close without another nerve-racking step called a home inspection. ——.

Appraisal Process 78

Appraisal Process Appraisal Mortgage Buyers 78

The Robert Weiler Company

SEPTEMBER 9, 2022

Hiring a real estate lawyer to review all contracts first is best. Another loan option for buying land is a land contract. With a land contract, the seller provides the land buyer with the loan, instead of an institution. Local Laws and Bylaws. Research lenders to find the right institution for your needs.

Real Estate 78

Real Estate Contracts Buyers Development 78

Zillow

JULY 25, 2016

You've made an offer on a property, the seller has accepted, and maybe you’re about to sign a contract. Get to know the property Every house, no matter if it's a 100-year-old Victorian or a modern marvel , should have some type of inspection before it's sold. Even in a new condo, you'll want to inspect the interior systems.

Inspection 36

Inspection Contracts Sellers Buyers 36

San Jose Real Estate

SEPTEMBER 19, 2024

As of August 2024, the responsibility to pay the buyer’s representative is now negotiated between the buyers and their agent, and the buy-side commission has become another who-pays-what term in the purchase contract. Sellers are no longer obligated by the MLS to offer or pay a buyer agent fee. How does this impact home sellers?

Real Estate 36

Real Estate Contracts Open Houses Sellers 36