ENSURING YOUR FUTURE HOME IS IN PRISTINE CONDITION
Home inspectors are certified individuals who are trained to evaluate the condition of homes, offices, and other buildings. Their job is to look for any signs of damage that could impact the home's use and thereby its price. Inspectors also look for and report on problems. They check every square inch and then issue a report with their findings and recommendations that home buyers and sellers then use in the negotiation of the home buying or selling process.
Fox Valley Mutual Mortgage with Lisa Marie Schwartz is a mortgage brokerage firm that helps home buyers find the home of their dreams. We also help with cash out refinances and home equity lines of credit. As a best mortgage lender, we work hard to ensure you get the best terms for your home loan. Contact our mortgage company in Evergreen today!
WHAT HOME INSPECTORS LOOK FOR
Heating and cooling system functionality
Health of your plumbing system
All electrical outlets are working
The condition of your walls, floors, and ceilings
If there is any water damage
The soundness of the home's foundation
The condition of the windows and doors
The energy efficiency of the attic
The condition of the roof
Any signs of pest infestations
WHEN SHOULD I HAVE A PROFESSIONAL HOME INSPECTION DONE?
An independent professional home inspection, done at the right time, could save you thousands of dollars. The results may influence your purchase price, the terms of or contingencies to the purchase agreement, and the type of insurance coverage you decide is needed. Knowing the condition of the house before the settlement date may save you costly repairs later on. A formal offer should include an inspection contingency. Fox Valley Mutual Mortgage recommends that you hire your own inspector to ensure that your interests are being protected. Contact our team for more information today!
WHEN DO YOU USE THE INSPECTION REPORT?
When you find the home you want to purchase, a home inspection will provide you with critical information about the condition of the house. Negotiating needed improvements can only happen if the buyer is aware of them. While an appraisal may set the value of the home, the inspection verifies the specific details of the condition of the house such as:
The cleaning or repairs needed
The structural aspects of the house (such as the foundation, framing, roof)
The internal systems (such as plumbing and electrical)
Other representations made by the seller
Note that once the inspection report has detailed the issues with the home, you can negotiate repairs. Knowing the actuality of the condition of the house will allow you to include contingencies that the seller must meet so that you don't become liable. A professional home inspector will know what to look for – what kinds of factors are important to evaluate before entering into a final purchase commitment. Let our mortgage brokers answer your questions. Reach out to us today.
MORTGAGE LOAN CLOSING TIME
Prior to the loan closing, a final inspection should be done to ascertain that the conditions of the agreement have been met. This is commonly called the walk through. Your real estate agent will set up a walk through of your future home as close to the actual closing as possible so that you can see what has been done. This is your last chance to ensure that all of your requested repairs have been performed to your standards and that you see nothing else of concern. Once you have signed at the closing of your home, your options will be limited if recourse is needed.
CHOOSE FOX VALLEY MUTUAL MORTGAGE IN EVERGREEN TODAY
The home inspection is a crucial part of the home buying process. Sometimes items come back from the home inspection that can cause the deal to fall through or have you change your mind on buying the home. Some of these include mold issues, structural damage to the home's foundations, or a bathroom remodel that was not permitted. So many elements can pop up that it's important that you have all of the information before committing to such a big purchase.
Fox Valley Mutual Mortgage with Lisa Marie Schwartz works diligently to ensure you have the best home loan, refinance, or home equity loan for you. We stay abreast of the current market conditions and continually develop our relationships with underwriters and mortgage companies in order to negotiate the best deal for you. For example, if you need a certain interest rate, we'll do our best to make that happen. Same if you need your mortgage payment to be a certain amount. With years of experience, our team can get the job done right. We work quickly and efficiently so that there is no delay in the home loan process from our end.
If you are looking for the best mortgage broker, contact Lisa Marie Schwartz and company today!