Tips for buying a home Neighborhood considerations
- Schools
- Commute
- Stores
- Road access
- Crime rate
- Recreation
- Noise
- Congestion
- Condition of surrounding homes
Final Walk-through checklist
- Property in same condition as when listed
- All necessary repairs made (per contract)
- Property is clean
- All personal property removed
- Included property still in house
- Utilities transferred
- Keys
- Extra keys
- Instruction manuals
Closing Checklist:
- Title holding arrangements
- Title insurance
- Homeowner’s insurance
- Closing cost estimate
- Down payment/closing funds available
- Loan documents
- Required repairs
- Final walkthrough inspection
- Appliance instructions
- Keys
- Review closing documents
- Closing meeting
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Tips for selling a home Property pre-sale checklist
Exterior
- Clean yard
- Repair fence
- Repair deck or patio
- Paint
- Planting
- Tree pruning
- Inspect roof
Interior
- Good lighting
- Remove excess furniture
- Clean rugs and floors
- Fix water leaks
- Paint
- Clean
- Remove excess belongings
Common contract contingencies
- Pre-qualification - Buyer qualifies for loan (1-10 days)
- Financing - Buyer mortgage approval (15-30 days)
- Appraisal - Professional appraiser confirms price (15-30 days)
- Assumption - Buyer assumes seller’s mortgage (30 days)
- Seller financing - Seller approval of buyer credit (7-14 days)
- Verification of funds- Confirmation of buyer’s ability to pay cash (7-14 days)
- Inspection - Pest and other professional inspections (7-14 days)
- Condition of title- Buyer approval of taxes, bonds and assessments (10 days)
- Approval of CC&R - Approval of condominium, cooperative or common interest (10-14 days)
- Contingent - Buyer must sell a property to complete sale (30-60 days)
- Insurance - Buyer needs extra time to get homeowner policy (15-30 days)
- Attorney review - Buyer wishes to have attorney review contract (5-10 days)
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