Category Archives: For Buyers

Tips for Packing Like a Pro

Develop a master “to do” list so you won’t forget something critical. Sort and get rid of things you no longer want or need. Have a garage sale, donate to a charity, or recycle. Don’t throw out everything. If your inclination is to just toss it, ask yourself how frequently you use an item and…
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What to Keep from Your Closing

The Real Estate Settlement Procedures Act (RESPA) statement. This form, sometimes called a HUD 1 statement, itemizes all the costs associated with the closing. You’ll need for income tax purposes and when you sell the home. The Truth in Lending Statement summarizes the terms of your mortgage loan. The mortgage and the note (two pieces…
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Common Closing Costs for Buyers

The lender must disclose a good faith estimate of all settlement costs. A check to cover your closing costs will probably have to be a cashier’s check. The title company or other entity conducting the closing will tell you the required amount for: Downpayment Loan origination fees Points, or loan discount fees you pay to…
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What Not to Overlook on a Final Walk-through

Be sure that: repairs you’ve requested have been made. Obtain copies of paid bills and any related warranties all items that were included in the sale price—draperies, lighting fixtures—are still there. screens and storm windows are in place or stored. all appliances are operating. intercom, doorbell, and alarm are operational hot water heater is working…
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