In addition to these inspections, if the home was built before 1978, it may be necessary to verify that no lead-based paint exists on the property by requesting certification from the seller or performing a lead-paint inspection.A wood infestation inspection is also performed in Alabama and a Wood Infestation Report is generated that many lenders will require at closing.Īs part of the initial offer (or after discovering a termite issue), many buyers will ask for the seller to pay for a termite service contract for a defined period after the closing (and those that don’t may wind up buying it themselves to protect the asset).The types of inspections vary by property type and situation (and locale), but in Alabama, a licensed home inspector generally inspects the home first, and other inspections and tests can be ordered if revealed to be necessary by the initial inspection. Any inspections must be completed by a certain date, which can be called simply an inspection contingency date. The buyer elects to perform inspections on the property if agreed upon in the contract.In Alabama, sellers are only actually required to disclose health hazards, and it is strongly recommended that buyers not rely solely on seller’s disclosures to guide their decisions on whether to continue with the transaction. These disclosures vary based on property type but can include things like known flaws with the property, prior improvements or repairs, and potential environmental or health hazards. The buyer reviews and signs off on any disclosures.The signed contract is sent to an attorney or title company to begin the preparation of all work related to transferring and changing the title to the new owners and preparing the title commitment.Concurrently, a deposit, or earnest money, is paid to an escrow agent, an attorney, or broker (never to the seller directly).An offer is accepted by the seller and a contract is signed and finalized.These are the initial tasks once a buyer is in contract, and are most often done in parallel to Part 2: The mortgage process:
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Flexible Amitree jobs posted in the past include full-time, telecommuting jobs with the option to work remotely from anywhere in the U.S.Start Your Free Trial Step by Step Part 1: Disclosures, inspections, and title Amitree believes great products are user-centered, and its entire team participates in its design process through sketch sessions, user research activities and interviews, and weekly design reviews.Īs an employer, Amitree understands "a company is made up of human beings who work best when work is integrated within all of priorities." The company cites sufficient vacation time as "critical to being the best each of us can be" and supports healthy living, offering eligible associates gym and yoga membership reimbursements, as well as generous medical, dental, and vision plans. Since 2013, Amitree has organized over 2.5 billion business emails, turned more than 3.2 business objects into actionable data, and saved more than 1 million hours of time via workflow compression. It's used by more than 150,000 customers, including well-known brands such as Keller Williams, Coldwell Banker, RE/MAX, and Century 21. The company built Folio, an intelligent assistant for real estate transactions, to organize essential transaction data and details and eliminate stress for real estate agents and their clients.įolio can be integrated with popular applications, such as DocuSign, Gmail, and Microsoft Exchange, Outlook, and Windows. As such, the company was established to make the process less stressful, more organized, and more predictable. Researched & Written by Megan Dawkins on the FlexJobs TeamĪmitree offers artificial intelligence for business email, and by extension, improved workflows and unique insights that require "zero work." Headquartered in San Francisco, California, Amitree recognizes that buying a home is one of the biggest emotional and financial decisions a person can make in life.
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