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Homebuying Process: The People That Make It Happen, Part 2

Homebuying Process: The People That Make It Happen, Part 2

Buying a home is not only a huge milestone, but also a long process. There are multiple steps involved, so it should come as a relief to know that someone will be helping you through each phase of the process. In our last post, we discussed the roles of the real estate agent, mortgage advisor, and insurance agent. In this post, we will discuss the remaining key players who will help you on your way to owning a home.

Title & Escrow Officers

  • Title Insurance Importance: Title insurance has become increasingly important in real estate transactions to safeguard against unforeseen legal claims. It protects against financial and emotional distress due to legal disputes over previous owners' unresolved debts, liens, or boundary disputes. Title insurance helps ensure secure and trouble-free property ownership.
  • Title Companies' Multi-faceted Role: Many title companies offer title and escrow services, which play a crucial role in real estate transactions. They conduct thorough title searches and reviews, act as closing agents, handle financial aspects of deals, and issue title insurance. Their work eases the transfer of the property from one owner to the next.

Home Inspector

  • Role and Responsibilities: Home inspectors are licensed professionals who survey properties and identify issues. They inspect various parts of the home, including basements, attics, electrical systems, plumbing, bedrooms, bathrooms, kitchens, HVAC systems, and the exterior. They compile their findings in a home inspection report, which informs buyers about potential issues and helps them make an informed decision.
  • Limitations: Home inspectors may not extensively inspect certain areas like pools, hot tubs, solar panels, fireplaces, or the ground under the home. They also might not be able to detect toxic materials like asbestos immediately. Special inspections for termites, mold, and radon may be conducted by other professionals.


  • Objective Valuations: Appraisers provide unbiased estimates of property values, which are essential for maintaining fairness in real estate transactions. Appraisers consider factors like condition, location, size, and comparable sales to determine a property's fair market value. This objectivity stabilizes the market and helps protect all parties involved.
  • Impact on Lenders and Negotiations: Appraisers play a vital role in risk mitigation for lenders by providing property valuations that are used to determine loan-to-value ratios. Their assessments also impact negotiations between buyers and sellers, especially if the appraisal value differs from the agreed-upon purchase price.
  • Broader Economic Impact: Appraisers contribute to estate planning, taxes, and local economies by providing accurate property valuations for tax assessments, funding public services, and community development.


  • Role in the Homebuying Process: Movers aid in the relocation process. Their involvement can range from minimal (loading and unloading packed items) to extensive (packing and unpacking everything and helping set up the new home). Movers, while not a necessary service, can significantly ease the moving process, especially for larger moves.

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