“Offer In, Keys Coming—But First, These Crucial Steps…”
- Kimberly Smith
- 20 hours ago
- 1 min read
🕵️♀️ 1. Due Diligence Period (Understanding + Excellence)
This is your chance to do a full inspection of the home and neighborhood. You’ll hire a professional home inspector to assess the property’s condition—checking for issues like plumbing, roof damage, or electrical concerns. If anything serious is uncovered, this is when we negotiate repairs or ask for credits.
Tip: Don’t skip this step—even new homes should be inspected!
📉 2. Appraisal Contingency (Quality + No-Nonsense)
Your lender will order an appraisal to confirm the home's value matches the sales price. If the home appraises lower than the offer, we’ll have to renegotiate or cover the difference. This protects you from overpaying for the property.
Tip: Be prepared—low appraisals are more common in shifting markets.
🏦 3. Loan Approval (Efficiency + Excellence)
Even if you're pre-approved, final loan approval only comes after the lender reviews the appraisal, verifies your income, credit, and debt again. Stay on top of your paperwork and avoid making big purchases or opening new credit lines until closing.
Tip: Communicate often with your lender—and with me—to stay ahead of any hiccups.
👑 Your Queen Advantage
As your trusted real estate advisor, I stay in close contact with all parties—inspectors, lenders, and escrow officers—to make sure deadlines are met and you feel confident every step of the way.
Have questions or ready to start your homeownership journey?
📲 Call me today at 702-291-7098.
Helping you move smart, move bold, and move with purpose—I’m your Real Estate Queen of Las Vegas.
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