Steps to Buy a Home: Step 8- Home Security

Living in Nashville comes with a lot of rewards, but there’s also some risk as well. Consider securing your new home by installing a combination of security measures. Things I Think Are Must- Have Security Measures Re-key all of your door locks. You just never know who still has a key to your new home.[…]

Steps to Buy a Home: Step 7- Ready Your Downpayment

Funds and Fund Source Now that your closing date is fast approaching, it’s time to confirm the funds for your down payment. *Remember the down payment is a different amount than your closing costs. In addition to the down payment you need approximately 3% of the purchase price on top of the down payment available[…]

Steps to Buy a Home: Utilities and Insurance

Schedule or Set up New Utilities and Confirm Homeowners Insurance Policy These are some of the small, annoying tasks no one thinks about doing ahead of time, but these are essential tasks to plan for, especially if you want the TV and internet working the day you move in, not to mention having lights and[…]

Steps to Buy a Home: Hiring Movers and Packer

Now that we’ve cleared inspections and the appraisal is complete, it’s safe to hire movers and start packing! Call now to get moving estimates and secure a mover. Especially during the BUSY summer months and holiday season, call early because movers can be booked weeks in advance. If you’re moving into a condo building, let’s[…]

Steps to Buy a Home: Additional Docs to Review

HOA Docs, Disclosures, Addendums, Restrictions, Covenants If you’re buying property, at some point before you place an offer for purchase or as part as your contingency contract, you need to review and approve or disapprove the additional documents associated with a parcel of property. These documents generally include some or all of the following: Disclosures,[…]

Steps to Buy a Home: Be Careful with Your Finances

This is very important so please read and take note! Your mortgage pre-approval was granted to you based on the amount of money you had at the time of the pre-approval. This is includes monies in your savings accounts, checking accounts, retirement accounts, etc.. The pre-approval was based on the amount of debt you had[…]

Steps to Buy a Home: Inspection Reports

Once the inspection report comes back, you need to review it thoroughly. Don’t be surprised if it’s 30 + pages long with more than 25 “issues” that need to be repaired. This is typical and expected. I’ve never seen an inspection report that didn’t have at least 5 items that needed repair. However, there is[…]

Steps to Buy a Home: Step 6 Appraisal

  Congratulations! If you’ve gotten this far it means you’ve passed though the review and inspection periods. Now it’s time for the appraisal. What is the appraisal? Make sure you read this article with links to other great articles Who orders the appraisal? Your mortgage lender is the person who orders the appraisal, but will[…]