An expert judgment or estimate of the current value of a real estate property as of the date of the appraisal. The credit report is always required when obtaining a loan against a property. It is a good idea to obtain a copy of your credit report from all three of the major credit reporting bureaus before purchasing a property. This may help you avoid delays during the purchase of your property. A person or company responsible for the collection of funds and documents between the buyer, seller and the lender in a real estate transaction.
Financing Is the process of acquiring a loan against the value of a property.
Home Inspection Home inspections are performed by a qualified inspection service to determine if there are any hidden defects in the condition of the property. Inspections are usually required when purchasing a property and it is a good idea to have an inspection even if it is not a requirement. It is the 'extended' warranty for the property you are purchasing. It covers such items as hot water heaters, dishwashers, etc. Legal Service Providers of legal advice and information.