Closing process expectations

Did you know that only 75 percent of average agent transactions actually get to the closing table? 

1) After we find the “perfect” home, so to speak—the one that’s going to fit most of your needs—we’re going to have an inspection done. It is important to keep in mind that the purpose of a home inspection is not to renegotiate the contract. An inspection is for major items only, such as your roof, your heating appliances, your plumbing, and the house structure. 

3) I’ve seen too many buyers lose that “perfect” home over silly little things, like linoleum coming up in one corner, or the tile being loose in the shower. The buyer’s wanted to go through and explore all these areas and then decide if they wanted to buy the home. Instead, let’s go ahead and look at the houses, find the one that’s best for you, and then wait for that inspection 

4) It's also important for us to have pest-control inspections. Most problems that come up during an inspection can be solved. I want to be sure you know thatI'm here to negotiate getting those problems solved before you move in, as opposed to after. It's a lot easier to do on the front side of the signing table. 

4) You’re going to be putting a lot of money into your house at the very beginning. Sometimes that’s difficult. We have some inspectors whom I would be happy to refer to you. The great thing is that most of them will wait until closing for payment. You can just roll their fee into the rest of your closing costs. That way, you don’t have to worry about fronting that money right now. If you change your mind and you don’t buy this house, you will still be responsible for paying for the inspection.

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