Your purchase contract will most likely have an inspection contingency — a period of time in which you are allowed to inspect the property, with the help of a professional home inspector. If you don’t like what you see, you can cancel the contract with no penalty and get your earnest money deposit back. This is important - don't delay! Home inspectors tend to book in advance. If you wait too long and can’t get a home inspector to the property in time, the inspection contingency might expire. If you want to pull out of the contract after that date, you won’t get your deposit back and may face other repercussions. As soon as you have an address to give them — basically as soon as the ink is dry on the purchase contract — find a home inspector with availability before the date of the expiration of the contingency and book the inspection. 6. Choose a Lender Now it’s time to work with your broker to pick your lender. Different lenders may offer different rates and terms, although they rarely differ wildly in what they can offer. You don’t have to pick the lender who pre-approved you, though the process may go more smoothly since they have already vetted you. 5. Order a Home Inspection (ASAP)
RITA REALTOR | BROKERAGE 904-555-5555 | Rita@realtor.com | www.Authorify.com
LARRY LOAN OFFICER | OFFICE 904-555-1010 | Larry@loans.com | www.Authorify.com
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