Two things can add to your peace of mind as you enter the final stages of home buying: home inspections and home warranties.
Pre-Closing
A professional inspection of a home prior to closing can lessen the chance for surprises. Even if you’ve arranged to have an inspection, you should still include a final inspection agreement in your contract to take a “walk-through” of the property immediately before the final papers are signed.
Post-Closing Protection
A home warranty can protect sellers before the closing and buyers after the closing against the failure of major home systems during the warranty period. In some cases, this agreement between buyer and seller decide who will pay to repair or replace items such as cooling units, plumbing and electrical systems and appliances for 30 days after the sale. Ask your REALTOR® if this can be include in the contract.
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DISCLAIMER: This information is provided for general awareness only and is not intended for the purpose of providing legal, accounting, tax advice or consulting of any kind. Please consult with a professional in their respective expertise for complete details.