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Paperwork Checklist For Home Investment

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Paperwork Checklist For Home Investment

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  1. Paperwork Checklist For Home Investment Preparing a checklist of documents required to buy a home  is an important process while investing in a property. It helps in expediting the process by being prepared well in advance. Credit Report: Evaluate credit score in advance for getting pre-approved and determining investment  budget. Documents For Loan Pre-approval: The bank or mortgage lender will ask for financial statements, credit report, pay stubs,  etc. Important Papers While Making An Offer: You will require a pre-approval letter, loan documents, final contract and seller’s disclosure. A successful home investment is followed by two steps: 'Closing' and 'Moving-In'. A home buyer needs a set of documents to complete these steps. Closing Documents: Attach reports on home inspection and home appraisal. Also insurance documents and a sale agreement may be needed. Final Documents: A buyer has to sign the registration documents stating him as the owner of the home. Once documentation is complete, buyer can move in the property. www.linnemannrealty.com Linnemann Realty 3402 South W.S. Young Dr. Killeen, TX 76542 Phone : (254) 628 - 9272 Image Source: Designed by Freepik

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