Contract on a home: your next steps Elizabeth NJ

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

Local Companies

Global Real Estate Inc
(973) 705-8010
1002 Bergen St
Newark, NJ
Ryan Real Estate Inc
(973) 705-8888
1072 Bergen St
Newark, NJ
PRPG
908-436-9849
774 GREEN LANE
UNION, NJ
Cooper Real Estate Manage
(973) 624-3300
55 Halsey St
Newark, NJ
New Horizons Real Estate Management
(973) 741-1029
1 Riverfront Plz
Newark, NJ
Paris Real Estate Inc
(973) 690-5663
217 Chestnut St
Newark, NJ
SIMA PROPERTIES
(888)876-SIMA
120 STUYVESANT PL
STATEN ISLAND, NY
Almeida Real Estate Associates Inc
(973) 482-8686
475 Bloomfield Ave
Newark, NJ
Broker Real Estate Corp
(973) 481-4410
219 N 12th St
Newark, NJ
Neuhaus Realty
718-924-4856
3171 Richmond Rd.
Staten Island, NY

provided by: 

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

Global Real Estate Inc

(973) 705-8010
1002 Bergen St
Newark, NJ

Related Local Events
AFFORDABLE HOUSING COMMITTEE
Dates: 12/10/2009 - 12/10/2009
Location: Municipal Building
Hastings, NY
View Details

CITYSCAPE USA
Dates: 11/18/2009 - 11/19/2009
Location: Jacob K. Javits Convention Center
New York, NY
View Details

CITYSCAPE USA
Dates: 11/18/2009 - 11/19/2009
Location: Jacob K Javits Convention Center
New York, NY
View Details

AFFORDABLE HOUSING COMMITTEE
Dates: 11/12/2009 - 11/12/2009
Location: Municipal Building
Hastings, NY
View Details

RealShare NEW YORK 2009
Dates: 10/28/2009 - 10/28/2009
Location: The Roosevelt Hotel
New York, NY
View Details

Rss   Delicious   Digg   Add To My Yahoo   Add To My Google   Bookmark   Search Plugin

Topics:
Advertising Family Home Services Real Estate Resources
Business Services Fashion Industrial Goods & Services Retail & Consumer Services
Career Financial Services Insurance Software
Cars Food & Beverage Internet Technology
Computer Hardware Franchise Legal Telecommunications
Construction Health Miscellaneous Trade Shows
Education Holidays Nightlife Travel
Entertainment Home Appliances Online Database Weddings
Environmental Home Electronics Pets World History