Page 20 - How To Buy A Home with Cat Stevens RVG

Call or text Cat Stevens with questions 502-888-3991 www.RiverValleyGroup.com

Before You Make An Offer... (Continued)

5 Title Insurance

Your lender will require you to buy a title insurance policy. The lender and you both own your
home. Lenders’ Title insurance protects the lender in case someone makes a claim against
your home. You should also get Owner’s Title Insurance for additional coverage. It is a one time
fee that is paid at the closing. Ask yourself:

■ Do I want a survey to show where my yard ends? This is not required, but good to have
so that you know your property lines. If there is a problem before the closing, the seller
corrects the problem. After the closing, the buyer has to correct the problem.
■ Do I want an inspection for mold, radon, lead paint, septic, or structure? A general
home inspector does not necessarily check for the following items. If your home inspector
will not be checking for these, you may need to call additional inspectors for your items of
concern.

MOLD RADON LEAD SEPTIC STRUCTURAL
What is it? Organisms found on A radioactive gas A highly toxic metal Treats and disperses An expert qualified
AC units, carpets, caused by the that was used for wastewater from by education, train-
household potted breakdown of ura- many years in the the home using a ing and experience
plants, etc. Easily nium and radium. paint. Also found in four-component in the behavior and
spread by walking, Invisible, odorless, dust and water. The system: septic tank, design of structure.
vacuuming, etc. and tasteless. Seeps federal government drain field, soil, and
Usually seen as into homes via banned the produc- groundwater.
discolorations. cracks in walls or tion of lead-based
floors, crawlspaces, paint in 1978.
etc.

And why would Can cause various Exposure can cause Can cause behavior A malfunctioning Inspector looks for
I care? respiratory issues lung cancer. problems, learning system can stable foundation
as well as allergic disabilities, difficult contaminate your and sound
symptoms. pregnancy, seizure, drinking water. mechanical
or death. Replacement is very systems. This helps
costly. The septic to avoid costly
system is the projects in the
responsibility of the future.
homeowner.

Keller Williams Realty Consultants - How to Buy a Home in Southern Indiana 18