Indispensable Insurance
Before a mortgage company will approve your lending arrangement and allow you to close on your new home, they will typically ask you to show proof of title, title insurance, and homeowner's insurance. Your CENTURY 21 Beggins Enterprises Agent or your mortgage representative can explain the details. Your real estate attorney can also provide counsel on title issues and title insurance.
The Final Walk-Though
Before the closing and property ownership is transferred, you and your CENTURY 21 Beggins Enterprises Agent will want to visit your future house. This "walk-through" is an opportunity to ensure that the house has been left in the expected condition.
You should make sure that all the items the owner agreed to leave are still there, such as kitchen appliances. This may also include furniture and accessories listed in the final sales contract. If there are problems, discuss them with your CENTURY 21 Beggins Enterprises Agent and attorney. In some cases, you can ask for a discount or credit at the closing to cover missing items or last-minute damages to the property.
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