BUYERS: From Contract --> Closing
Provide your lender a copy of the contract – this is a must. Your lender will need to get the ball rolling on all the paper work that’s needed to secure the loan. The more time he/she has, the better things will be. Get paperwork ready – Get the paperwork ready for your lender! You’ll need 2-3 months of your bank statements for every checking and savings account, 401k statements, stocks, paperwork for other investments, income statements. Order a home inspection – ask if your home inspector includes a radon inspection comes with his report. You need to have this done between the contingency period, so the sooner it is scheduled the better. Negotiate based off home inspection – if you thought the negotiation phase was over, think again! Once you find out the condition of the house, your buyer’s agent will guide you during a second round of negotiations. You’ll need to decide if you want an item repaired or replaced. An alternative, is to negotiate...
