So let's say you just got done picking out what home your ready to buy with Realtor Tom Davis, now what... get ready for the closing! Be sure to save money all the way to the end of the transaction!
Settlements can become confusing for the average consumer so that is why a Realtor is needed. As a buyer you will be required to sign many papers and it may become stressful if you don't have representation! In 1974 the RESPA, Real Estate Settlement Procedures Act became law and this act governs most of the steps in the transfer of property as well as protects the home buyer with its disclosure requrements. As your Realtor, Tom Davis here I can provide you with a copy of this RESPA booklet or you may get a copy from your lender with your loan package.
You must have all money needed in order to allow the property to change hands. You cannot plead..."oh I will get that check to you ASAP." It just doesn't work that way.... you must know all of your settlement costs and be ready to pay them before settlement begins. When you select your Real Estate Attorney they will give you a complete run down of all of your buyer expenses. If for some reason the attorney does not call and inform you then call them before settlement to be sure you know all of your costs! Also be sure to have a little extra cash on hand that week of settlement just to be safe!
Realtor Tom Davis can help you locate an attorney as well as help you find the right home at the right price!
To Begin Looking At Dover Homes For Sale or Anything Else In Delaware, Please Visit:
www.FreeHomeSearch.DreamStation.com
Thank-You,
Tom Davis
(302) 398-3757
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