Step 11 – Home Inspection Negotiations
Now that the home inspection has been done and you have received the inspection report you need to decide how you’d like to proceed. You…
Category: Real Estate News
Step 13 – Appraisal Period
Your lender will order the appraisal within a few days of ratifying the sales contract. The appraiser will contact the listing agent to conduct an…
Step 15 – Set Up Homeowner’s Insurance
As a requirement of underwriting, you’ll be required to carry homeowner’s insurance for the life of your loan. Beyond being a smart idea to protect…
Step 17 – Home Warranty
Abraham & Krystal cover the 17th step to buying your home in Northern Virginia, hiring a real estate agent.First and foremost, a home warranty is…
Step 19 – Final Walk Through
You’ve got your clear to close, and we’ve scheduled your final walkthrough. The day is here and it’s time. This is usually scheduled for the…
Step 12 – No Frivolous Spending
This isn’t the best time to buy a new car, purchase new furniture, or take a vacation. These types of sudden spending can be red…
Step 14 – Hook Up Your Utilities
One of the most overlooked and often dreaded tasks of the moving process is to swap over utilities. This means calling ahead of time to…
Step 16 – Prepare Down Payment Transfer
Remember that you’ll be bringing the down payment and the closing costs to the closing table. Some title companies offer the option to wire the…
Step 18 – Clear to Close
Your realtor’s favorite phrase in this process is “Clear to Close”! This is a statement from your lender and underwriter that means they’ve processed all…
Step 20 – It’s Closing Time
As it’s been described in past sections, the closing will be scheduled by us in conjunction with the settlement company. This is the point you’ve…
