INSPECTIONS & APPRAISALS
The Process
Initial agreement and deposit
A written purchase agreement creates the legal framework between buyer and seller. Keep records of all offers, counter‑offers, and addenda. Adhere to timelines in the contract to avoid delays.
The closing agent
A title company or attorney typically serves as escrow/closing agent. They hold funds, verify the title is clear of encumbrances, and ensure contingencies are satisfied before closing.
How to hold title
Different title ownership structures have distinct implications for transfer, financing, and taxes. Consult an attorney or tax advisor to determine the best option for your situation.
Inspections
Schedule a licensed inspector within the agreed timeframe to evaluate the property. You may want specialists for roofing, plumbing, or other systems. If issues are uncovered, you can request renegotiation or repairs per the contract terms. Once satisfied, contingencies are removed.
Appraisals and lending
If your purchase depends on financing, a third‑party appraiser will confirm the property’s market value. Stay in close contact with your lender and submit requested documents promptly to keep the loan on schedule.
Association approval
If the property is subject to a homeowners’ or condo association, obtain required approvals, rules, and documentation within the agreed timeframe. The closing agent will record approval with the deed if required.
Property insurance
Most lenders require insurance. Secure homeowners insurance for owner‑occupied properties or landlord insurance for rental investments to protect against fire, theft, and covered weather events.
When you are ready to get started, call us at (615) 535-9648 or complete this short form and one of our agents will be in touch.
Get In Touch
Tips For Buying
Don’t max out your budget.
Just because you’re approved for a certain amount doesn’t mean you should spend it all. Reserve funds for closing costs, taxes, emergency repairs, and potential remodeling.
Get to know the area.
Evaluate schools, commute, amenities, and resale potential. Local market knowledge protects investment performance.
Don’t skip the home inspection.
Inspections reveal issues you won’t see during a viewing and give you leverage to negotiate or make an informed decision.
Get pre‑approved.
A pre‑approval signals to sellers you’re serious and prepared to close.
Find Out How Much Your Mortgage Will Be
Understanding monthly payments, taxes, insurance, and HOA fees is essential to set realistic expectations. Work with your lender to run mortgage estimates and confirm affordability before making an offer.

