All About Purchase Agreements

The purchase agreement is a legal arrangement between a potential buyer and the property’s owner or seller. To streamline the process, it is best to keep records of everything and to stick to a pre-determined schedule.canstockphoto434622small

Escrow                                                        

An unbiased third party such as a title company or an attorney will be selected to act as the closing agent. The unbiased agent holds all funds in escrow and researches the complete record history of the property. This ensures that the title in question is free and clear of restrictions.

Inspections

Once the seller accepts your offer you will need a licensed property inspector to check the property for issues including the roof, structure, HVAC, plumbing, electrical and more. One of two things can happen depending on the outcome of the inspections. If each step in the process is successfully met, you move to closing or after review request for renegotiation of terms and price can be made.

Appraisal

After the inspections are met and you move closer to closing, your lender will require an appraisal to help determine the amount you can borrow to purchase your home. Appraisers are specialized in determining the value of properties based on a combination of square footage measurements, building costs, recent sales of comparable properties, operating income and more.

After the appraisal is completed successfully completed you can close.

Closing

Finally, the closing agent will furnish all parties with a settlement statement that summarizes the details of the purchase agreement. All parties including the closing agent will read and sign the documents and this completes the process.

After closing is complete you will need to get all home services installed and utilities turned on or switched over to your name. Now you are all set to move in to your new home!

Prepping Your Home for Summer Vacations

Summer vacations are a time when families start enjoying their year and try to take advantage of a well-deserved rest. One needs be aware of many scenarios that may affect their summer holidays for the positive or negative. accessories-84528_1280

This article highlights things families can do in order to prepare their homes for the summer holidays. There are countless things families and households can do in order to fully enjoy their vacations. Some of the top must do preparations are listed and explained below.

  • Check Appliances: One of the first and foremost actions families must take is checking any and all appliances that may have some characteristics that may be of hazard. Appliances like refrigerators, washing machines, etc. should be checked and rechecked and then with accordingly. These machines have a tendency to act abnormally and we recommend you unplug all such items when leaving for a summer vacation.
  • Clean Home: No one wants to return to a home that is unclean and full of dirt. So households should make sure that the house should be given a good wash and cleaning in order to come back to a clean and uplifting home.
  • Arrange for Pets: Many families tend to leave their pets for someone to care when on a summer vacation. Detailed arrangements for the pet should be made and its caregiver should be informed of any special needs the pet may require.
  • Spray: Many unwanted creatures and insects usually show up when a house is vacant for a certain period of time. Families should be very aware of this fact and spray adequately for their eradication before leaving for a summer vacation. These creatures can be very disturbing for any little children that may be living in the house.
  • Smell Fresh: One can always try to make sure that their household smells fresh and joyous. They can install certain products in their home that spray intermittently. They can be placed strategically in order to cover a maximum amount of space.

In conclusion, summer vacations are a time when families should have no care in the world whatsoever. They should enjoy, eat, drink to the maximum and not worry about anything.

Not worrying about your home is one of the most important things families can do successfully. When they know that their home and anything they care about in it is safe, they can peacefully enjoy their summer vacations.

This article explains some of the top things families can do in order to not only enjoy their summer vacations but also be at ease about the time they return to their homes. Families now need not to worry because they know he essentials required to enjoy a peaceful, careless, and lovely family summer vacations.

Another important fact about these preparations is that they are easy to implement and not very hard to pull of successfully and without much hassle. They can be done cheaply and ensure to a very high degree that summer vacations are enjoyed to the fullest.

4 Winter Home Improvement Projects

The weather outside may be frightful, but simple home improvements are oh so delightful this time of year. Aside from a fresh coat paint and a plethora of flooring projects, these four projects are sure to get you up off the couch, increase your property value and get you through the remaining colder months faster.canstockphoto2028844

  1. Organizing

When Spring arrives and the weather warms up, you will thank yourself for already going through all of your piles of junk. Decluttering and organizing is a great winter project. In fact, January happens to be “Get Organized Month.” Don’t try to tackle the entire house at one. Devote time every week to decluttering and coming up with organizational solutions for each space throughout your home.

  1. Bathroom touch-ups

If your grout is gunky, your tub is lined with unsightly mildew or your sink its hopelessly outdated, it might be time for a bathroom touch up. Bathrooms offer a great winter project as they provide an escape from the cold and can be enjoyed all year long once they are complete.  You can frugally remodel your bathroom by replacing the faucet and other hardware, thoroughly cleaning or even re-grouting the tile and applying a fresh coat of paint.

  1. Backsplash install

Backsplashes are to kitchens; as peanut butter is to jelly. They’re essential for getting that perfect combination. Take your kitchen up a notch with a backsplash install. A flashy or textured tile can add color and life to a plain scheme. The right backsplash also will accessorize and emphasize your countertops, cabinets and appliances.

  1. Drab-to-fab door overhaul

Refurbish and dressing up your interior doors can have a lot of visual impact on your home. Replacing the doors completely can quickly become costly. Consider these DIY alternatives to really shake things up. You can paint or stain them a darker color as dark doors often look more expensive. Colored doors also look much more modern and whimsical than traditional wood. Updating the hardware and changing the doorknobs also provides an inexpensive fix for outdated doors. You can add or replace the molding around your doors to create dimension and provide an elegant look and feel to the space.