Well. Here we are at the closing. This was a fun process, wasn’t it? All that work- from maintaining your credit, to saving for a down payment, to house-hunting, to negotiating, and here you are. What happens at a closing? In Dayton it is still considered typical to hold “round table” closings where all the […]
We wait to hear those three little words
You have done your due diligence and have had your home inspections completed. If your home is like many homes, there are some habitability issues that will need addressed. Some homes are sold AS-IS, in which case the seller will not make any repairs and you will be responsible for those repairs after the sale. […]
So here we are with an accepted contract! At this point, you step back and take a hard look at the home. Get a home inspection, hire a professional to look at the nuts and bolts and check to see that the plumbing isn’t leaking, the HVAC system works, the attic isn’t full of critters and the crawl space isn’t full of mold.
Again, it’s important to remember that both parties ultimately want the same goal. The seller wants to sell, and you want to buy. There are many ways to get there, we simply have to figure it out, and we usually do.
The Contract discusses in detail the exact terms of the sale- purchase price, earnest money, financing, closing costs, appraisal, and inspection contingencies, what is actually being included in sale, it’s all listed to the best of our ability, any HOA specifications, disclosures, taxes, insurance, title work, and pertinent dates for removing contingencies and transfer of title and occupancy. We try to encompass any and all concerns and needs of both the buyer and the seller.
One of the perks of living in Dayton is home prices that are the envy of the rest of the country, but buying a lower priced home isn’t always as easy as you might think. But never fear- you do have some options, and I’m here to share them with you!
All of these questions need to be taken into consideration in addition to the mortgage qualifying process in order for you to be happy with your home. I don’t want you to happy with your home for the first month you live there, I want you to be happy for as long as you live there!
FHA condo loans are easier to get.
The home buying process is a little different for each home and each buyer, but in general there are 10 Steps most real estate transactions go through from the very beginning of the process to the closing. Let’s take a look at the 1st Step in some detail. Step 1- Find a Realtor You Can Trust First […]