|
Privacy Policy
Company Listings
Residential Listings Under $160,000
Residential Listings Over $160,000
Homes With Acreage Under $250,000
Homes With Acreage Over $250,000
Farms & Ranches
Commercial
Worth a Click!
Get to Know Bob
Area Info
Code of the West
Live weather report from Salida
Tips for Buyers and Sellers
Bob's Important Quick Tips for Buying and Selling Real Estate
Reasons You Need a Realtor
Questions to Ask Your Realtor
Selling Tips
Things to do When Selling
Low Cost Ways to Spruce-up Your Home
Remodeling and What You Should Know
Tips on Moving
Buyers Tips
Reasons to Own your Own Home
Things to take the Trauma out of Homebuying
How to Prepare for Home Ownership
Finances in Order?
Pros and Cons of Condos
Tips for First Time Buyers
Tips for Buying in a Tight Market
What Your Home Inspection Should Cover
Questions to Ask Your Home Inspector
What not to Overlook on your Final Walk-through
Common Closing Costs
What to Keep from Your Closing
What is Appraised Value
Need a Loan?
About Your Credit
About Homeowners Insurance and Saving Money
What to know about Title Insurance
What to Watch for in a Purchase Contract
Understanding Capital Gains
Tips for Pricing Your Own Home
Jeep, Car and Van Rentals
|
|
|
|
What to Keep From Your Closing
The Real Estate Settlement Procedures Act (RESPA) statement. This form, sometimes called a HUD 1 statement, itemizes all the costs associated with the closing. You'll need for income tax purposes and when you sell the home.
The Truth in Lending Statement summarizes the terms of your mortgage loan. The mortgage and the note (two pieces of paper) spell out the legal terms of your mortgage obligation and the agreed-upon repayment terms. The deed transfers ownership of the property to you. Affidavits swearing to various statements by either party. For example, the sellers will often sign an affidavit stating that they have not incurred any liens on the property. Riders are amendments to the sales contract that affect your rights. For example, if you buy a condominium, you may have a rider outline the condo association's rules and restrictions.
Insurance policies provide a record and proof of your coverage |