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Every buyer of real estate has certain rights regarding the
purchase of a property. The following is a summation of those
rights:
1. You have the right to be represented by a real
estate agent, exclusive or otherwise, to protect your best
interests.
2. You have the right to purchase any/all properties
that you choose, without being discriminated against by a Seller on
the basis of your race, color, religion, handicap, familial status,
or national origin.
3.
You have the right to complete disclosure of all property
information, including, but not limited to, water supply,
insulation, waste disposal system and hazardous materials.
4. You have the right to ask for information
regarding the previous year's property taxes, and/or maintenance and
fuel costs.
5. You have the right to receive a market price
comparison analysis for the properties you wish to make offers on,
prior to signing the offer.
6. You have the right to receive a copy of the
Agreement of Sale, prior to signing it, to allow you time to have it
reviewed by an attorney.
7. You have the right to choose the lender that will
finance the property and to receive full disclosure from that lender
regarding the type and term of the loan and the true cost of the
loan.
8. You have the right to test and/or inspect the
property's systems and to choose the person(s) to complete those
tests or inspections.
9. You have the right to walk through the property
one last time prior to closing to confirm it meets the conditions of
the Agreement of Sale.
10. You have the right to use the homeowner's
insurance company of your choice.
11. You have the right to purchase personal coverage
title insurance from the company of your choice.
12. You have the right to purchase a home warranty
program from the provider of your choice.
13. You have the right to review the Settlement
Statement prior to closing. |
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