Escrow Inspections for Buying

The Process, Step-by-Step

The Initial Agreement and Deposit
An effective agreement is a legal arrangement between you and the seller.

Important Tips:

• Keep written records of everything. Convert verbal agreements into written agreements signed by both parties.
• Stick to the schedule. Meeting deadlines ensures a smooth negotiation flow.
• The Closing Agent. A title company or an attorney will be selected as a closing agent, holding the deposit in escrow and researching the property's history to ensure a clear title.

Inspections
Once your offer is accepted, have a licensed property inspector inspect the property. You may choose specialized inspectors for specific areas (e.g., roof, HVAC, structure). We can recommend inspectors for every property type.

Appraisal and Lending
Stay in close communication with your lender. If financing is conditional, the property will be appraised to confirm the investment. Double-check with your lender to ensure the loan process goes smoothly.

Association Approval
Request the rules and regulations from the seller if the property requires association approval. Complete application documents promptly to avoid delays.

Property Insurance
Shop around for homeowners insurance. Consider a higher deductible and ask your agent about discounts. Insure your house, not the land under it. We can recommend experienced insurance agents.