Immediately procure a Buyer's Mortgage "Pre-Approval"
​The Seller and its Real Estate Agent will want to make sure that you will not have any problems in getting a loan. It is important that your Lender does a lot of closings in the local area. This way the Seller and its Real Estate Agent will know that the Lender is good and reputable.
Avoid Internet & Non-Local Lenders
​ Because there is little accountability in or knowledge of the local area, we have experienced problems with these types of Lenders.
Ask Questions
​You are not supposed to know everything about or be an expert in buying a home.
Use a Qualified Professional
​See "Hiring Qualified Professionals".
Be present at the Home Inspection
​Your Inspector might be able to provide some verbal insight not contained in the written report and an opinion regarding some preventative or remedial measures. Further, things are often not as bad when you see them "live" as opposed to in a written report. ​
Be thorough when you inspect the house
​Since you generally take the property "as is", you don't want to find out after you've purchased the house that there are problems. Look behind furniture and under movable rugs. ​
Transfer funds into your Bank or liquidate assets in time
​It may take more time than you think to get funds into your account or for checks to clear. Further, if you have to liquidate assets (i.e. stocks) the process can take a few days, and you may still need additional time for the check to clear. ​
Consult your Attorney before making moving plans or "locking in" your Mortgage rate
Your Attorney is probably in the best position to let you know if a date is realistic. While the Seller or others may feel that the closing could happen at a certain time, there may be legal or other issues being worked on that they don't know about.

CORY A. LEVINE, P.C.

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