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Flipping a House Checklist: Steps to Sell for Maximum Profit

Listing Spark

Overlooking key stepslike final inspections, market research, or ensuring compliance with local real estate regulationscan delay your sale or eat into your healthy profit margin. With so much on the line, having a flipping-a-house checklist can make all the difference between maximizing your return and leaving money on the table.

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Say What? Home-Buying Lingo You Should Know

Zillow

Cash-value policy : A homeowners insurance policy that pays the replacement cost of a home, minus depreciation, should damage occur. This document spells out all the terms of the loan: the amount, the interest rate, the monthly payment, mortgage insurance, the monthly escrow amount and all closing costs.

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Appraising New Construction

Appraisal Today

My advice: Always check what plan and updates were actually built when doing final inspection. I always asked to see the final sales document data. You would have to disclose any claim on your next renewal application, so your insurer is going to find out about it. What should you do?

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The 9 Essential Steps of a Real Estate Closing Process

Movoto

This part of the real estate closing is also usually when the first “check” occurs: the buyer’s real estate agent will conduct a title search and obtain title insurance to guarantee clear ownership. Information uncovered will usually be passed along for lender title insurance purposes to protect against defects.