Contract on a home: your next steps Allison Park PA

You've signed a contract to purchase a home. Now what? Here are the next steps you need to take.

Local Companies

Bennu Property Management and Consulting
412-371-6510
P.O. Box 1357
Pittsburgh, PA
Century 21 Town and Country Real Estate Services
724-779-2101
7021 Crider Road
Mars, PA
Darlene Restich @ Coldwell Banker Real Estate Inc.
412 264-8300
6305 University Boulevard
Moon Township, PA
Re/Max Renaissance Realty West
412-269-1861 Ext. 232
962 Beaver Grade Road
Moon Township, PA
Prudential Preferred Realty
412-496-8811
3911 William Penn Highway
Monroeville, PA
Moon Charles R Rl Est
(717) 362-9924
Camp St
Elizabethville, PA
Henry Real Estate
(814) 838-3456
241 W 8th St
Erie, PA
Century 21 Ruggiero Real Estate
(570) 839-7773
555 Pocono Blvd
Mount Pocono, PA
Kevec Real Estae
(215) 927-4700
6243 N Broad St
Philadelphia, PA
Re-Max Real Estate
(610) 965-5561
Allentown, PA

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You’ve been searching for the perfect house. At last you’ve found it, and you make an offer. The seller accepts it, and now you have a contract. What happens next?

1. Contact your lender
Once you sign a contract on a house, things can move rather quickly. If you have been pre-approved for a mortgage, you need to make sure all the necessary paperwork has been completed in order for you to obtain final approval. Contact your lender and provide whatever additional information is required.

2. Arrange a home inspection
It’s always wise to have a professional home inspector go through the home to see if there are any problems that need to be addressed. If you have stipulated in your contract that your offer is conditional upon inspection, then you will able to negotiate with the seller regarding any necessary repairs. The seller will then have to make appropriate arrangements to correct those issues.

 

3. Remember small details
There are numerous small details to take care of once you sign a contract on a home. You must change your address and change over your utility billing for the new home. You need to make moving arrangements. Don’t forget to contact your insurance company to set up homeowner’s insurance. Also, be sure that all of your funds are in order for closing.

4. Take a final walk-through
Prior to closing, make sure to take a final walk-through of the home. This is an important last step. It ensures that any repair issues that were included in your contract, and raised during the home inspection, are taken care of, and also that the house is ready for you to move in.

Remember, there’s always a flurry of activity once you have a contract on a home. Keep a list to help make sure that you have done all that you need to do. This should help your home-buying process go smoothly.


Published on January 12, 2007

Read full article at realestate.com

Featured Local Company

Bennu Property Management and Consulting

We can customize a package to meet your specific needs.

412-371-6510
P.O. Box 1357
Pittsburgh, PA
www.bennumanagement.com

We specialize in single-family and small multi-unit residential property management. With busy family lives and heavy work schedules, there simply is not enough time left to receive phone calls, track unpaid rent, coordinate repairs, research advertising, show properties… And the list goes on!
We also understand that every owner has different levels of comfort when it comes to your investment.


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