Previously, we talked about making the offer and I've given you some Real Estate Terms to help you. So, the offer has been accepted and now it's time to inspect the property and obtain home owners insurance.
After your offer is accepted you will need to set up, coordinate and interpret various inspections, including insect, radon, building quality, oil tank, title, etc. You will also need to arrange for homeowners insurance and finalize the mortgage.
This is a major step in the buying process and there are many potential problems that can be discovered during this period. These include a leaky roof, radon gas, termite damage, a foundation problem, and wall cracks, to name a few. These problems happen all the time. The difference between closing on your dream home and starting the process all over again is what occurs during the negotiations between you and the seller.
As your CENTURY 21® Real Estate Professional and a Realtor® (member of the National Association of Realtors), I can help make these discussions go more smoothly. In most states you will also have the option of a "walk through" before the closing. This is your last chance to make sure that all of the items that you have agreed upon were completed to your satisfaction. I will be there for you at every stage of the process so you have an expert on hand when you need one!
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