|
Homeowner's Insurance
Homeowners insurance or hazard insurance is required by mortgage lenders. Proof of homeowners insurance is required at closing.
Title Insurance
Title insurance is purchased to protect the lender and the homeowner against claims on the title or property from previous owners or encumbrances.
Real Estate Attorney
A real estate attorney can offer you benefits of his or her experience or education. Some areas that one buying or selling a home may find helpful area: wording of contingency clauses, contracts, negotiating, reviewing closing documents, and explaining legal terms. Real estate brokers may also provide you with many of these services.
Inspection
A proper inspection of your prospective home may help determine your level of interest in that home. If you don't feel comfortable inspecting the following items, professional inspection companies are available in most areas.
- Roof & Siding
- Heating System
- Insect & Rodent Damage
- Kitchen Appliances
- Basement Foundation
- Electrical Systems
- Cooling Systems
- Septic Systems
- Chimney
- Whole House
If you decide on a professional inspection, some companies will provide a guarantee against unexpected repair expenses.
|
