 No one wants to answer the door to find a stranger claiming to have a legal right to your home. It’s every homeowner’s worst nightmare!
But the fact is, it does happen because there are nefarious people in the world.  When purchasing a property, a thorough title search is performed with public recording reviewed. That’s usually when a clerical error can be found. In this case, the title company will take steps to get the defect removed.
Some of the defects we find here at Lilly Title & Settlement are:  There’s plenty to consider when buying a home! Right out of the gate, you must have money for a down payment and closing costs. Once you know you have that covered, it’s time to dig in and find a property that’s right for you.
None of this is easy, but it’s doable. What’s an even greater concern for home buyers is what they can’t control. What if home maintenance costs are higher than expected? What if there’s a problem with the real estate title and other documentation? Some of these worries are simply home buying jitters, but the following five concerns top home buyers’ list when buying a home.  Everything is negotiable, and that is certainly true in the real estate industry. A buyer may negotiate with a seller on the price of a home. Or, a buyer may try to get some concessions on paying for closing costs.
But what about mortgage rates? Do you have any bargaining power with a lender? The answer might surprise you. Yes, it is possible to have some control over your mortgage interest rate. Here’s how. |
AuthorLilly Title & Settlement wants you to be an empowered homebuyer! Archives
May 2024
Categories
All
|
RSS Feed