Six Easy Steps to the Sellers Closing Process Step 1 : Purchase Agreement is signed by all parties. Step 2 : Closing date and time are scheduled. Step 3 : Closer obtains the title documents association information and payoff figures for current mortgages. The title commitment is reviewed. Step 4 : Closer drafts seller documents [...]
Seven Steps to the Buyers Closing Process Step 1 : The Purchase Agreement is signed by all parties. Step 2 : Borrower meets with loan office to complete the mortgage approval process. Title commitment is ordered. Step 3 : Closing date and time are scheduled. Title commitment is prepared and reviewed. Step 4 : Buyers [...]
This is the time when the home will be evaluated to make sure it meets minimum health and safety standards so that both buyer and seller have a clear understanding of the condition of the home at transfer. Though no home is perfect, an inspection helps to eliminate surprises for all parties after the closing [...]
A Home Inspection Could Save You Thousands Buying a home is a big decision and without performing home inspections prior to closing, can be a costly one. Many people decide not to spend the extra five-hundred to a thousand dollars worth of inspections only to find they spend more after closing to fix problems that [...]
Real Estate Prices and Activity are Influenced by Local Factors Whenever the financial news is bad on a large scale, or there's negative press concerning home sales nationally, it's made quite clear by many that real estate is local. Each neighborhood, village, town, city and state all have their own unique characteristics. Lot sizes and [...]
