Buying a new home is a challenging process for many different reasons, but the main reason is that a large asset is changing hands for a lot of money. The seller has to prove that he or she can legally sell the home, and the buyer has to secure the funds to buy it. Most real estate transactions are made in good faith between the buyer and seller, but there are still a number of things that can go wrong along the way. That’s why title insurance is always a good investment.
Congratulations! Your offer was accepted, and soon you’ll be building great new memories with your family in a great new home! But before you can take possession of your new home, there are many preparations to be made to ensure a smooth closing.
When you’re buying or selling your home, you have to make many decisions. If you’re the seller, you have to decide what improvements that you should make to get maximum value, whether you want to hire a realtor or sell the property yourself, and a listing price that will get offers. And if you’re the buyer, you have to decide what you can afford, and whether or not the property that you choose is a place where you will be comfortable. And both the buyer and seller need to decide what title company should provide their title insurance which is always an important investment.