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Step 24 to Buying a Home: What is Clear to Close?

Step 24 to Buying a Home: What is Clear to Close?

by Cory Wilks | Jun 2, 2023 | 2023 WRE Posts

Soon we should receive what’s called the Clear to Close from your mortgage lender and underwriter. What does Clear to Close mean? Clear to Close means that the lenders and underwriters have looked at all of the paperwork, your bank accounts, etc. and have approved the...
Step 20 to Buying a Home: Set up Homeowner’s Insurance

Step 20 to Buying a Home: Set up Homeowner’s Insurance

by Cory Wilks | Jun 2, 2023 | 2023 WRE Posts

One of the things the mortgage underwriter will require you to do at some point during the underwriting process is to set up Homeowner’s Insurance and it is better to get a start on this task now. For most people, your home is the biggest purchase you will ever make...
Step 16 to Buying a Home: Reviewing HOA and Metro District Documents

Step 16 to Buying a Home: Reviewing HOA and Metro District Documents

by Cory Wilks | Jun 2, 2023 | 2023 WRE Posts

If you are moving into a neighborhood governed by an HOA or Metro District, you will want to take a look at all documents that will govern what you can and can’t do with your property. These documents generally include the Declarations and Bylaws, the Rules and...
Step 15 to Buying a Home: Reading the Inspection Report

Step 15 to Buying a Home: Reading the Inspection Report

by Cory Wilks | Jun 2, 2023 | 2023 WRE Posts

Once the inspection report comes back, we will need to review it thoroughly. Don’t be surprised if it looks like a book with many items marked “to be repaired”. This is typical. We’ve never seen an inspection report that didn’t have at least 5 items that needed...
Step 14 to Buying a Home: Tips for Attending the Home Inspection

Step 14 to Buying a Home: Tips for Attending the Home Inspection

by Cory Wilks | Jun 2, 2023 | 2023 WRE Posts

Attending the home inspection is one of the most important parts of buying a new home as it’s a huge financial investment with long term repercussions and you want to make sure the home you’re buying is in good shape. Therefore, we feel strongly that buyers should...
Step 13 in Buying a Home: What is the Inspection Period?

Step 13 in Buying a Home: What is the Inspection Period?

by Cory Wilks | Jun 2, 2023 | 2023 WRE Posts

Now that a contract has been executed and earnest money dropped off, we are officially in the inspection time period.  This time is for the inspection, getting and reviewing the report, and giving any objection to the seller for review. It takes approximately 7...
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