Next: Review the HOA documents
It’s typical that you will receive the general inspection report either that same day in the evening or the next day. While the inspector will have gone over the report in person with you, it’s important you spend time reading through the entire report. It’s usual for the inspection report to have a summary section highlighting the issues, but don’t rely just on this section and actually go through the whole thing. If you weren’t able to make it for the recap at the end of the inspection or have additional questions please reach out to the inspector over the phone. Most inspectors will make themselves available for phone calls for residual questions.
Beyond just the general inspection report, make sure to thoroughly look through any other reports received during the inspection period like the termite, roof report(s), etc. Having a good grasp on these reports will allow you to make the most informed decision about what repair requests to ask for and also know the most you possibly can about the property you’re purchasing.
As you read through the reports we recommend that you begin to make a list of those items which you might like to ask the Seller to repair. Usually prioritizing this list is also very helpful. Many Buyers will put at the top of the list those items that are more expensive, more urgent to have fixed, or those things they might not want to take on themselves afterwards. More on this in the next section.
- Step 1: Find a REALTOR®
- Step 2: Get pre-approved for a mortgage (only applies to buyers who are not paying with cash)
- Step 3: Start your home search online
- Step 4: Time for showings
- Step 5: Make an offer
- Step 6: I have an accepted contract. Now what?
- Step 7: Schedule the home inspections
- Step 8: Drop off your earnest money check
- Step 9: Put the closing on your calendar
- Step 10: What is the inspection period?
- Step 11: Don’t spend extra money (only applies to buyers who are getting a loan)
- Step 12: Provide documents to your loan officer (only applies to buyers who are getting a loan)
- Step 13: Read the title commitment
- Step 14: Review the HOA documents (only applies to buyers who are purchasing homes with HOAs)
- Step 15: Fill out and return your buyer’s packet
- Step 16: Tips for attending the home inspection
- Step 17: Read the inspection reports
- Step 18: Make repair requests
- Step 19: The appraisal (only applies to buyers who are getting a loan)
- Step 20: Hire movers and start packing
- Step 21: Hook up your utilities
- Step 22: Set up homeowner’s insurance
- Step 23: Get your down payment ready
- Step 24: Secure your new home
- Step 25: Do you want a home warranty?
- Step 26: Make your down payment
- Step 27: Attend the walkthrough
- Step 28: Attend the signing
- Step 29: Get the keys
- Step 30: Wrapping things up
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