Buyer's Guide - Step 5

    Agency

    The relationship that exists between the principal and the agent representing them.

    COVID Disclosure

    This form allows you to enter/tour homes, you are agreeing that you are entering the home at your own risk with COVID.

    Pre-Approval

    Determines the mortgage amount you are approved for.

    Offer Data Sheet

    Form that verifies your offer & breaks down your purchase price, good faith, down payment, cash on closing, mortgage contingency. Also states how long you have until you can close, the location of the closing and attorney info.

    Also states how long you have until you can close, the location of closing, and attorney information.

    Inspection Report

    Written by a home inspector after a thorough evaluation of the home's condition, including electrical, plumbing, roof, foundation & other features of the home.

    Buyer-Broker

    Agreements explain the duties and responsibilities of the parties and set out exactly what services the broker will provide.

    Fair Housing

    A federal law enacted in 1968 that prohibits discrimination in the purchase, sale, rental or financing of housing - private or public - based on race, skin, color, sex, nationality or religion.

    Contracts

    A binding agreement exists between a buyer and a seller involving property. The buyer and the seller have agreed on a price and any other relevant terms.