When selling a home in DC, Maryland, or Virginia, you'll encounter various options regarding the home inspection contingency that can influence your transaction. Understanding these choices will help you and your real estate agent determine the approach that aligns with your goals.
Congratulations on making a significant step towards selling your home! You've put in the effort to prepare your property and attract potential buyers, and now it's time to navigate the process of home inspections to ensure a smooth and successful transaction. Just as buyers go through the excitement and anticipation of finding their dream home, sellers too must be proactive in understanding the importance of home inspections and how to approach them strategically.
Home appraisers are professionals who provide an unbiased assessment of the value of a property. Their job is to determine the fair market value of a property by examining the property's features, assessing its condition, and analyzing comparable sales in the area. Lenders use appraisals to ensure that the property's value is in line with the loan amount being requested.
When it comes to getting a mortgage, there is a limit to how much buyers can borrow. However, did you know that these same limits can actually work in favor of sellers?
The closing of your home sale is just around the corner, and it's time for the final walk-through—a key step in the process. So, what exactly is a final walk-through for sellers?