Inspection
A professional inspection should disclose repairs that may be found by a buyer or which should be completed prior to listing your home. The inspection and your Coldwell Banker Hunter Realty agent can give you recommendations on what to repair in advance so that there are fewer surprises when the buyer's inspector comes through.

Appraisal
An appraisal is an estimate of a property's value on the open market and is usually prepared by an appraiser for a lender's benefit.

Appraisers consider numerous factors such as square footage, construction quality, design, floor plan, amenities and energy efficiency. Other issues taken into account are neighborhood quality and a property's proximity to transportation, shopping and schools. Appraisers also look at lot size, topography, view and landscaping.

Title/Escrow
The final stage of a closing occurs with the transfer of title from one party to another. The policy of title insurance is sent to the buyer after closing has occurred.

Escrow is the third party which transfers the money and documents (including title and deed) between the buying and selling parties. The escrow company prepares documents, draws up the closing statements, obtains necessary signatures, records documents and receives and disburses funds.

If you would like more information about Title/Escrow services, please contact your CBHR Agent, HL Title Agency, or LandAmerica Lawyers Title and its consumer education site.

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