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2016-11-25 18:11:15
3 Important Steps Before You Go Under Contract

3 Important Steps Before You Go Under Contract

Imagine closing on the home of your dreams, only to walk in and realize you've been left with undisclosed damages and defects. As a home buyer, the burden is on you to perform due diligence on the condition of your home prior to the closing table. In order to protect your investment, here are three tips that will save you from many unwelcome issues:

1. Understand the Seller's Disclosure. This important document provides the buyer with any known and/or latent defects of the home. Studying this disclosure will reveal the status of the home's heating, cooling, flooring, electrical, mechanical and appliance conditions.

2. Hire a Good Inspector. It is incumbent on the buyer to go beyond the Seller's Disclosure and hire the right inspector. Look for an inspector who is an expert on your home, one that understands the issues, construction and year your home was built.

3. Don't Be Afraid to Ask Questions. Take time to ask intentional questions regarding the home's history, and be sure to request any repair documentation and all appliance and owner's manuals. Inquire about installation dates of the roof, siding, and windows. Be bold and ask the questions that you want and need answered.

Purchasing a new home can be an exciting experience, but do not allow your emotions to overshadow sound judgement. By taking the time to understand any current and potential issues with your new home purchase, you will not only ensure your home's integrity, you will protect one of your biggest investments.

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