Now that I'm under contract to buy a home, how will I remember all the dates and things to do?
Part of my job is to help
keep everything on track. I
will do what I can to make it
easier by providing an outline
of all the important
deadlines, dates and
details. A straightforward
transaction might include:
·Deadline to Visit Lender and tender Loan Application
·Time window for Inspections
·Deadline to request remedy for things found during inspections
·Deadline for written agreement between both parties regarding inspection issues (if any)
·Last chance for Buyer to void contract if unable to agree on resolution of inspection findings
·When to line up Homeowner's Insurance
·When the Title Commitment is Due to You
·Time window to Request in Writing the remedy of any Title defects found
·Reminder to put Utilities in your name
· Date of Final Walk-through
·Closing and Possession
I wish I could do more but the truth is that you will be the one that has to fill out endless paperwork and provide umpteen years of your financial history. You'll get to decide who you want to work with regarding lending, inspections, insurance, etc. It can be a daunting process but I will do whatever I can to make it all easier. In the end it will all be well worth the effort when you have your very own place to call HOME.
*This information is intended only to provide further clarification of real estate issues in Laramie, Wyoming. I am not an attorney. This article is not endorsed, approved or affiliated with Century 21 Real Estate Center, Inc. Any consumer with questions about the real estate process should always consult an attorney of their own.