Expert Realtors in Mishawaka, IN

Nobody besides you can make this decision, but factors like your ability to obtain and pay a mortgage, the amount of time you plan on living in the home, your ability to maintain it, and other personal or family needs are all important factors to consider.

As long as the title company has received all the necessary documentation prior to the closing, it is a short and simple process that usually takes less than an hour. Before closing a preliminary settlement statement is issued by the title company detailing all the expenses a credits of both parties.

Once a home is under contract the majority of closings occur within 30-45 days. This typically provides sufficient time for inspections, appraisals, any required repairs, title work, and final lender approval of the new mortgage (when applicable).

Home warranties can offer a period of protection against unforeseen repairs. They can be purchased either by the buyer or the seller and cost between $300-600 per year on average. Factors like the condition of a home or your ability to absorb the cost of a major repair should inform your decision.