Buying a home can be one of the most exciting things that anyone will ever experience, especially if they buy a home in Bend because, the home that they will be living in will finally be theirs and there’s nothing better than being able to walk through the doors of your, home, that you own, for the first time.
In this post we’re going to cover what first time homebuyers can expect during the closing process of buying their homes so they can be better prepared for this important part of the home buying process.
Day Before Closing
24 hours before the home closes, it’s important for the homebuyer to collect all of the paperwork that they’ve received during the process of buying the home and their packet of paperwork should include:
Proof of title search
Good faith estimate
Flood certification
Homeowners insurance
Proof of mortgage insurance
Home appraisal documentation
Inspection reports
Typical sale contracts for Bend Oregon homes will enable home buyers to walk through the home/property they are interested in buying to make sure that the seller has completely removed all of their possessions from the home and vacated it.
The Walk Through
The home buyer is also entitled to a walk through of the home, before purchasing it and the walk through is one of the most vital parts of the home buying process because, it also enables the home buyer to inspect the home more thoroughly and if they spot any major problems that they didn’t see before, they can then request that the seller of the Bend home deposit money into an escrow account to make needed repairs.
To learn more about what to expect when purchasing a home in Bend, and the complexities of the closing process, contact me today to learn more by calling (541) 383-1426.