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I Like MO Homes Frequently Asked Questions (FAQ)
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Disclaimer: This is provided for reference only and is not to be considered legal, financial, or tax advice from ILikeMOHomes.com.
Q. How can I protect myself against the home being in poor condition?
A. Buyers should always get a home inspection to insure the property is free from defects. The buyer normally orders and pays for inspections.
Q. What if the inspection report states that repairs are needed?
A. You negotiate these repairs with the seller. Determine what they will fix for you prior to closing or you may negotiate a lower price and take care of the repairs yourself.
Q. Who orders the appraisal?
A. Your mortgage lender will order the appraisal.
Q. What is the first step in buying a house?
A. You should get pre-qualified prior to looking at homes so you know how much you can afford.
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