ADV: Lot Located Near Lake Travis

As a buyer purchasing property such as a home, it is extremely important that you have a system in place that will provide you a hard copy paper trail of all documents, e-mails and phone conversations that occur during the transaction.  Today, many buyers are using an electronic filing system, since most realtors, lenders and title companies are communication by e-mail.  The advantages of using this method are: spend, easier and requires less space.  Each real estate transaction will generate many pages of documentation.  The closing, which normally occurs at a title company or a lawyer's office, will generate the largest single volume of documentation.  The buyer is required to initial and/or sign most pages.   The closing office of the transaction will normally bind all this paper into an organize booklet for your permanent records.  You may want to scan this document into an electronic file in order to have a backup to your hard copy document.  This would combine closing documentation with all your other documents generated prior to closing.  No matter what procedure you chose to use, be sure both your electronic and hard copies are retain in a safe place, and you know exactly where the documents are located at all times.  In the future, it will be necessary to refer to these documents when selling your home, and will need them for tax purposes.