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A mortgage company representative discusses the lending options for first time buyers, but experienced buyers are welcome! Grants, down payment assistance and affordable housing programs are presented when they are available. Since loans require appraisals the lender will address the appraisal process and answer questions. Once you have a completed contract escrow is opened to do the paperwork so to avoid confusion a title company officer will explain the steps of an escrow. Often title companies or attorneys administer the escrow portion of the purchase and remain a disinterested third party who distributes funds and finalizes the transaction. Usually you would not want to purchase a home without inspections. And as a seller you want assurance your buyer is not going to come back later and say you didn’t disclose. A certified home inspector will cover how the inspection process is to give you a snapshot of the properties condition at that particular point in time so you are aware of any potential problems. Home warranties are another component of home buying or selling. They are often ordered with a home purchase. At the seminar, you will learn their benefits and limitations as well as when they take effect and how to renew them. The HOME seminar gives you the overview, it’s up to you to decide to own. If you are ready to assemble your home purchase team contact your Realty America Associate or contact us at the link below and we will guide you from there. |