Velasco Law Office
Attorneys at Law

Buying a Home


BUYERS PRE-PURCHASE CONSIDERATIONS
A. Choosing and using a real estate agent
B. Choosing and using a lawyer
C. Finding a lender
D. Housing market considerations
E. How expensive a home is affordable
F. New construction or fixer-upper
G. Personal preferences

HOME INSPECTION
A. Access
B. Additions
C. Appliances (age condition)
D. Boundary lines
E. Electricity
F. Floor plan
G. Gas
H. Heating and cooling
I. Insulation
J. Location
K. Lot
L. Monthly expense (insurance, utilities, repairs and taxes)
M. Plumbing
N. Roof
O. Sewers and drains
P. Size
Q. Structural defects
R. Termite infestation
S. Water heater
T. Wiring


PURCHASE CONTRACT
A. Conditions (inspection, financing, legal review etc.)
B. Date for closing
C. Date for possession
D. Deed to be furnished
E. Deposit
F. Description of real estate property
G. Inspection
H. List of personal property
I. Price
J. Proration of taxes, insurance, and other charges
K. Survey
L. Warranty

CANCELLATION RIGHTS
A. Defect in structure, plumbing, wiring, appliances, etc.
B. Easements and restrictions
C. Lawyer approval
D. Loan approval
E. Liens
F. Zoning

TITLE EXAMINATION
A. Easements
B. Liens
C. Mortgages
D. Restrictions on use
E. Survey
F. Taxes

CLOSING DOCUMENTS
A. Closing Statement
B. Deed
C. Loan documents
D. Survey
E. Title insurance policy

CLOSING COSTS
A. Closing document fee
B. Mortgage document fee
C. Proration of taxes, insurance, etc.
D. Recording charges for deed and mortgage
E. Title examination fee
F. Title insurance fee
G. Transfer taxes


The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation.

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