What To Do Once You’re Under Contract

What To Do Once You’re Under Contract
So you've got your dream house under contract, but what do you do now?

The first thing you’ll do is talk to your agent, and set up your important dates. The first one is usually the inspection date. You should have an inspection period in your contract. I usually try to get 10 days for my client to hire an inspector and make sure everything is in order. You should test for radon, mold, sewer, and water. Your agent will talk to the other agent to negotiate anything that comes up during the inspection period.
Think of this period as a part-time job. You'll likely get a loan, so you'll have a lender asking you for items. You'll want to check your email every day and get your lender what they need in a timely fashion so that your loan won't cause any delays.

“Make sure the house is in the same condition as when you went under contract.”

You should also shop around for homeowners insurance. Your lender should be able to help you with this. If you're getting a mountain property, wildfires are a little more of an issue, so you might have to work a little harder to find someone that will cover your home.

Once those things are taken care of, you'll have a final walk-through to make sure the house is in the same condition as when you went under contract. The last dates are the closing date and the possession date. Depending on how you negotiated the deal, you might get possession of the house a little bit after closing.

If you have any questions, don’t hesitate to reach out to me by phone or email. I look forward to helping you and answering any questions. Have a great day.

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