Who Does What? - Who is involved when buying a house?
Understanding the roles of everyone involved in your home-buying process is key. First, there's the inspector, who, while not required, plays a vital role in quality control, ensuring the home's structure and hidden areas are in good condition. Once under contract, the appraiser steps in to determine the market value of the home, which is usually required. Your realtor manages contracts and house-related matters, guiding you through the buying process. Finally, the lender oversees all aspects of your loan and financing, ensuring everything is in place for your purchase.
Key Takeaways:
- Inspector: Ensures the quality and safety of the home.
- Appraiser: Determines the market value of the property.
- Realtor: Manages contracts and guides you through the buying process.
- Lender: Handles all aspects of your loan and financing.
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