Conduct Property Inspection
Once your offer is accepted, you arrange for a licensed home inspection to identify any issues with the property. Property inspections must be conducted within timeframe stated in the purchase and sales contract. During the inspection and review period, you will have the opportunity to address and negotiate specific issues on inspection report. We will provide recommendations for home inspectors and guide you through their report.
Appraisal
Unless the purchase is cash sale, a lender will be involved in the transaction. They will order an appraisal to insure the property is worth the purchase price and loan amount. With a satisfactory appraisal and all the required paperwork in place, the lender will issue a “clear to close” indicating the closing date can be scheduled. Once the closing date is set you are ready to complete the sale and move in.
Closing
Sitting at the closing table is final step in the process. Shortly before closing you need conduct a final walk-through of the property before closing to ensure it’s in the agreed-upon condition. The final step in to sit at the closing table to sign all necessary documents, pay closing costs, and receive the keys to your new home. The attorney will explain each document before you sign and address any questions you have.