Property Review
Buyers typically conduct a professional inspection within the timeframe outlined in the purchase agreement. Additional inspections may cover the roof, HVAC, structure, or environmental concerns. Lenders may also require an appraisal to confirm the property’s market value.
The Closing Agent
A title company or attorney oversees closing, verifies clear title, reviews recorded property history, and identifies any liens or restrictions that must be resolved before closing.
Contingencies
Contingencies are conditions that must be met before a sale can proceed. Common contingencies include:
- Financing & Insurance: Securing a loan and insurance.
- Document Review: Reviewing title reports and disclosures.
- Property Inspections: Evaluating the property’s condition and major systems.
Following due diligence, buyers may remove contingencies and proceed toward closing or renegotiate terms if concerns arise. We’ll help you evaluate any requests and protect your interests.
Loan Approval & Appraisal
Prioritize buyers with lender pre-approval or a written loan commitment, which provides greater assurance than pre-qualification alone. The lender may also require an appraisal to confirm the property’s value supports the purchase price.
