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Inspections & Appraisals

Most buyers will have the property examined by a licensed property inspector.

Buy a Property What’s My Home Worth?

The Buyer's Property Inspection

Most buyers will have the property examined by a licensed property inspector to ensure everything in the contract is accurate. Inspection time frames will be laid out in the Purchase Agreement. Some buyers will choose to have separate inspectors look at different areas of the property (ie. roof, plumbing, or HVAC inspectors).

If the buyer is receiving a loan, a licensed appraiser will most likely examine your property as well. Since the agreement is contingent upon financing, the lending institute will require confirmation that their investment in your home is accurate. Therefore, they will require a third party appraiser to determine the value of your property.

The Closing Agent

A closing agent, also known as an escrow holder, will be selected from either a title company or an attorney. Their primary responsibility is to scrutinize and ensure the unambiguous ownership of real estate. By meticulously examining the property's documented history, they will confirm that your title is free from any encumbrances such as leases, mortgages, or restrictions by the closing date, thereby facilitating the smooth transfer of title to the buyer.

When you are ready to get started, call us at 512.222.7610 or complete this short form and one of our agents will be in touch.

What else you should know...

Contingencies

A contingency refers to a condition that must be satisfied before a contract becomes legally enforceable. For example, buyers commonly stipulate contingencies for home inspections or obtaining financing.

Before finalizing their purchase of your property, the buyer will undertake necessary procedures. These include:

  • Securing financing and insurance;
  • Reviewing essential documents, such as preliminary title reports and disclosure documents; and
  • Conducting property inspections. The buyer retains the right to investigate various aspects of your property's condition through inspections such as roof, termite/pest, chimney/fireplace, property boundary survey, well, septic, pool/spa, arborist, mold, lead-based paint, HVAC, etc.

How do you respond objectively and fairly to the buyer when a renegotiation is demanded, while acting in your best interests?

This is when a professional listing agent can make a real difference in the outcome of the transaction. Having dealt with various property sales in the past, we guarantee our expertise and total commitment to every customer, no matter what their situation is.

Loan Approval and Appraisal

We recommend considering buyers who provide a lender's pre-approval, approval letter, or written loan commitment, as these offer stronger assurances of loan approval compared to pre-qualification or lack of documentation from a lending institution. Anticipate an appraiser from the lender's company to assess your property and confirm the suitability of the sales price.

Get In Touch

Curious What Your Home Is Worth

In The Current Housing Market?

Don’t like forms? Give us a call at 512.222.7610 to discuss!

Home Value

Areas We Serve

  • Austin
  • Buda-Kyle
  • San Marcos
  • Round Rock-Pflugerville
  • Lakeway
  • Manor-Elgin