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Closing and Move-In
You have found the right home and it is within your price range. You have signed the purchase agreement, but there is still some work ahead. Now you must get the house inspected by a Louisiana state-licensed home inspector. Home buyers are often inexperienced in home construction and its components and won't know how to determine which defects are minor or serious. A proper home inspection will disclose whether there are defects in the property that need to be addressed before the purchase can or should proceed. Home inspections include but are not limited to Structural elements and external conditions Roofing and attic/basementHeating and cooling systemsElectricalPlumbingHealth and safety conditions (moisture and drainage issues)Major and/or built-in appliances
While the typical inspection will disclose major defects, specialized inspections may be required to detect other conditions. Special inspections are required to detect conditions such as terminte and rodent infestation, mold, mildew and fungi as well as toxic materials (lead, asbestos, formaldehyde, etc.). If any issues are disclosed in the inspection report, you should immediately disclose these conditions to your agent and seek the advice of a trained and experienced professional. Defects must be properly addressed before proceeding with the closing arrangements.
The closing is the final hurdle to making the house you've found your home. Thorough preparation can minimize your chances of a rocky closing. At NHS, we will make sure you are ready for the big day. Important Tips for a Smooth Closing: • Make sure you know exactly what is included with the house's purchase price. The buyer should clearly spell this out in the purchase agreement.
• Assume nothing. Be clear as to whether the drapes or backyard play equipment are among the items the seller will likely remove unless otherwise specified.
• Make sure you have complete and accurate information on real estate taxes, survey fees, possession date and homeowner's insurance. We will work with you to be sure you have satisfied any conditions attached to the loan approval before the closing.
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