Wednesday, October 13, 2021 / by Jordan LaFond
The real estate market has changed dramatically over the last year. One change is that homes are now often sold “as is.” Simply put, this means that the buyer will not request the seller to make any repairs or offer seller concessions for items that may be missing, broken, or outdated. Today, sellers are less willing to make repairs or modifications to get their homes sold, and the reason behind this is simple: they do not need to. Due to the overwhelming buyer demand and lack of available inventory, it is common for a seller to receive multiple offers on their property. Chances are high that at least one buyer will submit a bid that does not request the seller make any modifications to their home. An attractive offer without repairs will stand out to the seller, and it improves the likelihood that it will be accepted.
An important note here is that selling your home “as is” does not mean you can withhold material facts. When you sell a home you mus; ...
Wednesday, August 18, 2021 / by Brian Armstrong
A home inspection is one of the many components in the home buying process. The goal of a home inspection is to address any major health or safety issues with a property and most commonly occurs when a home is on the market. Transparency of information is crucial for a smooth transaction and inspections help put buyers at ease when it comes to making a substantial purchase. Keep in mind that home inspections are only a surface-level overview however they do provide valuable information to the home’s general health.
How a Standard Home Inspection Works
Standard home inspections are commonly arranged for and paid for by a potential homebuyer that is interested in purchasing a property. Typically, a home inspection will be completed within two weeks after a sales contract or purchase agreement between a buyer and a seller has been signed. In the agreement, many will include an inspection contingency, which allows the buyer to schedule an inspection, read the findings, and determin; ...