The Direct Answer

After your offer on an Oakdale home is accepted, turn the executed contract into a coordinated purchase plan. Track applicable deadlines, inspections, lender requests, title information, insurance and closing arrangements with the professionals handling each task.

Start by Understanding Your Contract

Once the contract is executed, buyers should understand the important dates, obligations and provisions that apply to the transaction.

Depending on the contract, important deadlines may involve the option period, financing, appraisal, title and closing.

Your buyer representation should help keep those deadlines organized throughout the transaction.

Schedule the Professional Home Inspection

Depending on the contract, buyers may have an opportunity to conduct professional inspections during the applicable contractual period.

The inspection can provide information about observable property conditions and help identify areas that may deserve additional evaluation.

For an Oakdale luxury home, the inspection may involve consideration of:

• Roofing
• HVAC equipment
• Plumbing
• Electrical components
• Windows and doors
• Water heaters
• Drainage
• Foundation or structural observations
• Pool and spa equipment
• Outdoor living components
• Other major property systems

What to Look for During an Oakdale Luxury Home Inspection

Some Inspection Findings May Need Additional Evaluation

A general inspector may identify an observable condition that deserves further evaluation by an appropriate specialist.

Depending on the issue, that could involve a roofer, HVAC professional, plumber, electrician, engineer, pool professional or another qualified specialist.

The objective is to obtain better information before making important decisions.

Keep Your Financing Moving

If you are financing the purchase, your lender’s work continues after the seller accepts your offer.

You may be asked to provide updated financial documentation or other information as the loan moves through underwriting.

Responding promptly to legitimate lender requests can help keep the financing process moving.

Avoid Major Financial Changes Without Talking With Your Lender

Before closing, buyers should be cautious about making financial changes that could affect loan qualification.

Before opening new credit, financing another major purchase, changing employment or making other significant financial decisions, discuss the potential effect with your lender.

The Lender May Order an Appraisal

In a financed transaction, the lender may require an appraisal as part of evaluating the property for the proposed loan.

The appraisal serves a different purpose from the professional home inspection.

The inspection provides information about observable property conditions, while the appraisal is part of the lender’s valuation process.

Oakdale FAQs