Congratulations! A seller has accepted your offer.
Before you can take possession of your new home, however, several important details must fall into place.
While each transaction is unique, the most important steps include:
- COMPLETE A HOME INSPECTION
Assuming this contingency was in your offer, schedule a through inspection on the property with a qualified home inspector. If you like, I as a I,can help you identify several inspectors to choose from.
The certified inspector should provide you with a written report detailing any flaws found in the home, including information about the severity of his or her findings. If severe problems are found, your contingency clause should permit you to cancel the contract without obligation.
Alternately, you may want to negotiate performance and payment for any significant repairs noted in the inspection. but also remember that no home is perfect and small repairs and maintenance issues should not derail the transaction or require another round of negotiations
- REQUEST ATTORNEY REVIEW AND LEGAL SERVICES
If specified in the offer, ask your attorney to review your sales contract and hire him/her to participate in your closing. If you need help with it, I as a I will refer to you a choice of three lawyers specialized in real estate field.
- FINALIZE YOUR MORTGAGE
Securing a mortgage can be more complex and expensive than many consumers realize. Numerous documents and details must come together in a short period of time. Make sure you have promptly supplied your lender with everything they ask for so your financing is in place for closing day.
Most suggested is to have a mortgage pre-approved before you start looking for a new home. In order to pick the best lender organization and save your money, I as a , will introduce to you our in-house mortgage representatives and few other lenders.
- GET READY TO MOVE
Moving may be the biggest job you face in buying a home. be sure to get a jump on these preparations. First, decide how much help you'll need. if you plan to hire a moving company, compare costs and make a reservation.
Other important details include coordinating dates to end service with all utilities and establish service in your new home. make sure the post office has been notified of your change in address, as well as your bank, other key professionals and family and friends.
- ATTEND A FINAL WALK-THROUGH
A pre-closing walk-through is a final check to ensure that the home is in the same condition it was during the inspection, and to make sure all contracted items, such as appliances, electrical fixtures, window coverings, are still in the house.
- PREPARE TO PAY CLOSING COSTS
When you applied for your mortgage, you received a good-faith estimate of closing costs. As closing approaches, you will need to determine exactly how much money you will be expected to bring to closing and what forms of payment are acceptable.