WALK THROUGH
(1) A Buyer's on-site inspection of the property being purchased, just prior to closing.
(2) A detailed inspection of a new construction home, in which punch list and cosmetic items are addressed, prior to final acceptance.
WARRANTY DEED
A type of deed that contains express assurances about the legal validity of the title being transferred.
WHAT-IF ANALYSIS
An affordability analysis that is based on a what-if scenario. A what-if analysis is useful if you do not have complete data or if you want to explore the effect of various changes to your income, liabilities, or available funds or to the qualifying ratios or down payment expenses that are used in the analysis. |