You’ve been through the long process of finding a home, entering a bid on the property, then securing a contract for purchase.
Now it’s down to the last leg, closing on your new home.
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You’ve been through the long process of finding a home, entering a bid on the property, then securing a contract for purchase. Now it’s down to the last leg, closing on your new home.  Buyers are often confused about title insurance, and it’s understandable. That’s because there are two different types of title insurance. And as an informed buyer, it’s wise to understand the difference.  You’ve been to numerous open houses, browsed a ton of listings, and obsessively calculated possible mortgage payments. Now finally, you’ve found the house you want to buy, and you’ve made an offer. What’s the next step after making an offer on a home? There are three possible scenarios with the seller:  Buying a home will most likely be one of the biggest transactions you’ll make in your lifetime. It’s no surprise then that it’s a complicated process.
Certainly, the most critical part of the transaction is the contract. Every part of this legal agreement must be correct for it to be binding. And, if there is no realtor involved in the transaction, that can make the process a bit trickier. |
AuthorLilly Title & Settlement wants you to be an empowered homebuyer! Archives
January 2021
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