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Your costs when you refinance home mortgage loans
Home Inspections
Since you're going to read the ENTIRE contract, it
will probably include information about your rights to having home
inspections done on the property and what will happen if you discover
unacceptable conditions from these inspections. Even if properties are being
sold "as is" you probably still have the right to conduct inspections.
Some contracts state that inspections must be done with a certain number
of days from the contract date. Make sure you have any inspections done
within the time period specified. Normally if you are working with a Real
Estate Agent they can suggest home inspection companies to use or do your own
homework and choose your own companies.
Costs being paid Normally there are "traditional" costs that
depending on customs in your area are typically paid by either the seller or
buyer. Sometimes contracts include preprinted language that states who pays
for what.
Since you are going to read the ENTIRE contract you will know what is
your responsibility and what the seller will agree to pay. Home inspections
are just like all terms of the contract and are negotiable.
No more guess work on what your costs will be. Now that you know -
Let them show you what they can do for you with a free quote. Apply for your
home mortgage refinance with confidence!
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Legal Disclaimer: This information has been provided for
informational purposes only. It does not constitute legal advice.
You should not act upon any of the information contained herein
without seeking appropriate legal counsel.
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