Easily Replace Page into the Home Seller Form

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How to Replace Page into the Home Seller Form

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if youve had thoughts of selling your home to try to take advantage of todays hot market and getting top dollar for your home but youre hesitating because youre wondering if youll be able to find a replacement property this video is for you because were in such a competitive market buyers are willing to let you stay in the home after the close of escrow after the title transfers to their name theyre willing to let you live there for a per diem lots of them are willing to even let you lease back for free this lease back option opens up some possibilities so that you buy some time to find your replacement home im joan lamonde i hope that seller tip helped you to be able to have some other options in order to move forward to your replacement home if you have any questions at all leave a comment down below send me a dm or call me and we can have a conversation about it hope to talk to you soon bye

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Is seller disclosure mandatory in California?

Is a sellers disclosure required in California? California Civil Code 1102 requires a sellers disclosure. This requirement to disclose applies to real estate property of 1 to 4 dwelling units transferred by a sale. The form is a standardized checklist called the Transfer Disclosure Statement, or TDS.

What is a transfer disclosure statement?

A transfer disclosure statement (TDS) is required by California law in Section 1102 of the California Civil Code. This document is one of the seller disclosures that buyers receive during their contract contingency period. Its purpose is to let a buyer know of major defects in a property as required by California law.

What is the SPRP form?

You put your home on the market, and then when you receive an offer, you counter them with a form called SPRP. This stands for Sellers Purchase of Replacement Property. This gives you the option to cancel the transaction if you arent able to locate and close escrow on the home of your choice.

Who is exempt from seller disclosure in California?

The Transfer Disclosure Statement (TDS) is required in the state of California unless the seller (or transferor) meets one of the following conditions: Court-ordered sales such as probate sales, foreclosure sales, sale by bankruptcy trustee, eminent domain.

Is a required in California?

If the buyer and seller execute a California Instructions (the C.A.R. official version of a purchase and sale agreement), the seller is contractually obligated to complete a (SPQ) in addition to the TDS.

Which disclosure form is provided to sellers first?

When you make an offer on a home, one of the first pieces of paperwork youll get is a sellers property disclosure. Also known as a property disclosure statement, home disclosure and real estate disclosure form, this document contains a list of known problems with the home.

What is a seller questionnaire?

The SPQ form offers a directive to home sellers that is darn clear, especially for a government document. PURPOSE: To tell the Buyer about known material or docHub items affecting the value or desirability of the Property and help to eliminate misunderstandings about the condition of the Property.

What disclosures are required when selling a house in California?

California Real Estate Disclosure Requirements California Transfer Disclosure Statement. California Natural Hazard Disclosure Statement. California Notice of Supplemental Property Tax Bill Disclosure. California Appraisal Discrimination Addendum Disclosure.

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