A House | Before Signing A Contract To Buy

: Verify that all repairs negotiated after the home inspection were actually completed by qualified professionals.

: Lenders must provide this at least three days before closing. Compare it line-by-line with your initial Loan Estimate to check for unexpected fee increases.

Skipping these critical steps can lead to severe financial losses, legal headaches, or buying a property with major hidden defects. Take these vital actions before you put pen to paper: 💰 Financial Verifications before signing a contract to buy a house

: Turn on every faucet, flush toilets, test light switches, and open/close windows to ensure they operate correctly.

: Do not rely on a pre-qualification. Ensure you have a formal pre-approval letter and verify that your loan amount covers the purchase price and closing costs. : Verify that all repairs negotiated after the

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: Hire an independent, licensed inspector to check the roof, foundation, plumbing, electrical systems, and HVAC. Use the report to negotiate repairs or price drops. Skipping these critical steps can lead to severe

: If applicable, read the bylaws, financial reserves, and restrictive covenants to ensure you can live with their rules and that the association is financially stable. 🛑 Final Walkthrough Red Flags