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Step 6 - Inspections


This next step in the purchase contract is referred to as "Inspections, Investigations & Reviews".  Within 10 days the following inspections and investigations are to be completed.

* home inspection
* termite inspection

* other inspections
* home owners insurance
* loan terms

A home inspection is not required by the lender.  It is strictly for a buyer's benefit.  It is for the purpose of providing an awareness of the overall condition of the property.  If significant repairs are needed it may be necessary to renegotiate or to cancel the contract.

Shopping for and selecting home owners insurance is part of the investigation process.  In some instances the cost of the premiums can be too high and force you into a lower purchase price.

You have five days to shop for acceptable loan terms, complete the application and to pay for the appraisal, or to cancel the contract. 

Upon completion of this step you then move into Step 7

How Much Can You Afford To Purchase? It doesn't take much effort to find out. Just a phone call, a little financial information, and permission to run your credit check.  Within a few hours you will know how much you can afford to purchase  Contact a lender 

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How much is your home worth?   Don't rely upon realtor.com and zillow computerized zestimates to determine your home's value.  Call a Preferred sales associate. We know the market, we understand buyer's expectations, and we know where value can be added  Contact us

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Thinking about selling? 
Would you like to know:
1. How much your home can sell for
2. How long it can take to sell
3. How to inspire higher offers
4. How much your selling expenses will be
For a selling consultation, call Preferred Real Estate 580-470-8100

Preferred sales associates are easily reached and ready to help with your real estate needs
Chris Bruhne  580-475-1320
Heather Jolley  580-467-4569
Katy Iverson  580-641-0656
Susan Shaffer  580-251-0618
Jerry Shaffer  580-251-0688
Office 580-470-8100

Preferred Real Estate,
1455 Chisholm Trail Pkwy, Duncan, OK

Preferred Real Estate, Duncan, Ok