Carter Law Offices Talking Real Estate With Lenny Clarke

Richard Carter and Kathy Holthouser ask "Do you have the right team?" BEFORE you start looking for that dream home? Tune in to hear who that team SHOULD be and why. Featuring special guest Lenny Carke with his very funny home buying stories and John Marroni The I.C.E. man on this week's episode of Real Estate House Party!

We recommend you put a team of people together. Who would you have on your team?

· Real Estate closing attorney

· Buyer real estate agent

· Insurance agent

· Home inspector

· Mortgage originator

If you sit down with a mortgage originator what should that originator discuss with you?

· How much of a mortgage you can borrower

· What closing costs are

· What type of programs makes sense for the borrower

· See if you are need of any credit repair

Now the borrower is prepared to fill out an offer to purchase an offer.

· How important is an offer form?

· What are some other terms needed to be included in the offer: home inspection clause; mortgage financing clause;

Next stage is the Purchase and Sale. What are any important terms listed in the purchase and sale?

· Home inspection issues

· Financing due date. Needs to be unconditional.

From the closing to the purchase and sale to the closing it is very important to address all of the questions asked of you from your lender.

Make sure you receive your Closing Disclosure in a timely manner.

Prior to closing you should make sure you do a walk-through of the property