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Contract on a home: your next steps Georgia

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

Local Companies

Century21 Scarbrough Properties
770.617.0877
GA
Galingayle Lake Oconee Community
706-342-1559
202 W. Washington St.
Madison, GA
KELLER WILLIAMS REALTY NW
678.873.0951
1010 NORTH TENNESSEE ST
CARTERSVILLE, GA
Atlanta Home Realtor
404-423-8770
2659 Spring Drive
Smyrna, GA
Barbra Curtiss Realty, LLC
706-974-3867
326 Dahlonega St.
Cumming, GA
North Georgia Mountain Real Estate
706 219-0096
P.O. Box 190
Sautee-Nacoochee, GA
Century 21
770-536-3121
208 w. academy st
Gainesville, GA
Harry Norman Realtors
770-916-4028
3350 Riverwood Pkwy
Atlanta, GA
Jenny Pruitt & Associates Realtors
770-394-5400
990 Hammond Drive
Atlanta, GA
COLDWELL BANKER CASCADE REALTY
404-696-8942
3915 Cascade Road Suite 130
Atlanta, GA

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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

Century21 Scarbrough Properties

770.617.0877
GA
www.TIKISHANNON.com / www.C21stopForeclosure.com
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2Nd Annual Real Estate Industry Day
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