3.0.1 Once You’re Under Contract
With few exceptions, the first week or two after you contract on a property are among the busiest and most important in the home buying process. You will be conducting inspections and other evaluations of the property and getting the lender geared up to finalize the loan on the property. You will also be reviewing documents from the title insurance company and coordinating with the lender to get the property appraisal completed. We’ll discuss this process under the following headings:
Evaluating the Property
Dealing with Financing Issues
Evaluating Title and the Home Owner’s Association
If the closing has been scheduled less than 30 days out, you will also be preparing to move and close at the same time, but we’ll deal with those issues separately in the section titled Preparing to Close.