107 - Legal & Documentation Matters

In this episode we talk about what’s likely the most complex and most important part of the homebuying process.

Topics covered include:

• The legal paperwork you’ll need to review and sign before buying a new home.
• The information that needs to be disclosed to you before a sale.
• The mindset a homebuyer should have when approaching disclosure documents.
• The different types of disclosures – such as the Real Estate Transfer Disclosure Statement (TDS), Mello-Roose Districts, Bond Assessments, Natural Hazard Disclosures.
• The other reports homebuyers will receive – such as the Preliminary Title report and a public report.
• The financing paperwork you’ll receive – such as the Loan Estimate and Closing Disclosure.

Our Guest:

• Kevin Burke, Licensed Real Estate Broker and teacher of Real Property Law