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Pest Inspections

Pest inspections are an important part of the process for the first time home buyer. Steve Filkins with Filk Pest Control joins me Amerifirst Home Mortgage specialist Jeremy Drobeck to take a look at the pest inspection process. We look specifically at wood destroying insects like carpenter ants and termites, and how they destroy homes. I always highly recommend having a pest inspection done as part of the home buying process it can save you a ton of money. For example, the home in this video was a rental property I was personally purchasing. I had Filk Pest Control do a pest inspection on the home prior to me purchasing it. Sure enough they found both carpenter Ants and Termites at a cost of well over $1,000 having not done the inspection could have cost me big time. Instead I was able to renegotiate the price and obtained a HUGE price reduction. The $50 pest inspection save me thousands of dollars!

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HOW TO PROTECT YOUR MORTGAGE RATE WHEN CLOSING GETS DELAYED

Are you under contract on a home with an expiring rate lock?  Need a rate lock extension?

Yesterday, a buyer called me in a total panic. They locked in their mortgage interest rate 30 days ago while shopping for a home near the Westwood neighborhood. Everything moved along fine until the seller asked to push closing back by ten days to finish clearing out their garage.

The buyer asked me, “Jeremy, if our rate lock expires before we close, will our interest rate jump up? Will our monthly payment go through the roof?”

I told them straight up: “Take a deep breath! An expiring rate lock will not ruin your deal, and you will not lose your low rate!”

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