Considering buying a home? Contract to Close!Posted by Michelle Peacock on
Considering Buying a Home? Contract to Close!
So you’ve done all of the preparation work, you’ve checked out some amazing homes with your Realtor and you’re ready to make an offer! Your Realtor will help guide you through your offer and any negotiations that may be needed to get your offer accepted. Many people think that this means they own a house ~ not so fast. Once your offer is accepted you begin your contract period, it will still be about a month, or possibly more, before that home becomes yours.
The first phase of your contract period is called the Option period. This is the time frame where you have the home and property inspected. Licensed professionals will be hired to come and look at the structure, the roof, the…
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