Homeowner's
Insurance
Your home typically is the single biggest investment you'll ever
make and by protecting it with homeowner's insurance you'll have
financial protection against the unexpected. Aside from protecting
your home and your possessions, it provides you with liability coverage.
Obtaining quotes for homeowner's insurance is easy. Ask your Sales
Associate for recommendations.
Home Inspection
A professional home inspector surveys of the foundation and structure,
roof, exterior, major systems (electrical, heating, cooling and
plumbing), and appliances that will stay with the home.
Tour the house with the inspector, who will point out potential
trouble areas, as well as what's "sound." If the inspection
does turn up some flaws, a seller is often willing to make repairs,
but it may depend on market conditions.
Take notes as you tour. Get the inspection report in writing. This
document will support or deny the contingency addendum to your agreement.
You can add a home inspection contingency to your purchase agreement.
This requires the seller to make legitimate repairs — or if
the seller is unwilling to do so, it allows you to cancel your agreement.
An inspection may take a few hours and cost a few hundred dollars,
but it can save you time and headaches in the long run. Your Sales
Associate can recommend a professional inspector or you may want
to look into homes that are inspected prior to sale and that have
warranties. |
