|
Homeownership:
Wants vs Needs| Using
a Real Estate Agent | Using DPA |
Home Value |
The Offer | Inspection & Closing | Closing
Meeting |
Benefits & Responsibilities as a New Homeowner
Inspection & Closing
Home Inspection
Initial inspection is performed at the initial visit with your
Realtor. Turn on lights, vents and fans, flush the toilets, and
observe the overall condition of the home yourself.
A professional home inspection is done once you know your offer
is accepted. Many state approved purchase contracts have provisions
for inspections after a ratified contract is made. If your contract
does not specifically require a home inspection, you can always
make it a condition yourself.
Closing Your Home Purchase
Closing your home purchase is the last step in the process of
purchasing your home. and requires the involvement of several
parties, including:
| • |
The seller and their real
estate agent |
| • |
The buyer and their real estate agent |
| • |
The closing agent-usually and employee
of the title company |
| • |
The real estate attorneys for the buyers
and sellers |
| • |
The mortgage lender-loan officer |
| • |
A title insurance representative |
| • |
An escrow agent-usually an employee of
the title company |
Next: The Closing Meeting
Wants vs Needs| Using
a Real Estate Agent | Using DPA |
Home Value |
The Offer | Inspection & Closing | Closing
Meeting |
Benefits & Responsibilities as a New Homeowner
|
