A big challenge facing the housing industry is determining what impact the current pandemic may have on home values. Some buyers are hoping for major price reductions because the health crisis is straining the economy, but…
Real Estate
Step 10 to Buying a Home- The Closing
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...
Step 9 of How to Buy a Home- Clear to Close
We wait to hear those three little words
How to Buy a Home, Step 8- Repair Period
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...
Inspection Period and Transaction Coordination- Step 7
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.
Step 6 to Buying a Home- Negotiation Period
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.