Real estate services with a smile 770-891-1444
If you’re in the market for a home without the hassle of a mortgage and have wisely saved your money to pay cash for your next home or investment property, you’ve got a powerful advantage in today’s market.
However, just because you’re not subject to the same rules and regulations that are required from mortgage lenders – doesn’t mean you should just sign on any dotted line. To protect your rights and best financial interests – be sure to consult with a real estate professional and follow this important checklist:
1_ Title Search: This will show any liens on the property or title problems you might face.
2_ Title Insurance: A must-have for the cash buyer – especially when considering
distressed or foreclosed properties.
3_ Home Inspection: Never buy a property without one – it’s the only way to ensure you know what you are purchasing.
4_ Termite Inspection: Tiny bugs=big problems with big repair bills – don’t risk not
5_ Property Tax Estimate: Know in advance what your estimated annual tax will be.
6_ Appraisal: This will help you ensure that your purchase price is at fair market value.
7_ Survey: Another important way to ensure you have accurate documentation of your property.
8_ Flood Zone: If you are in a flood zone, your insurance company may require additional coverage.
9_ Hazard Insurance: Have the property bound by insurance from the closing date.
10_ Property Disclosure Form: This form should reflect any known property damage, lead-based paint, Chinese drywall, etc.
11_HOA Dues/Fees: You’ll want to know what you’re getting into cost wise regarding community dues.
For buyer and seller representation, contact Sid or Kathryn Mazza at www.TheMazzaTeam.com 404-519-0734