What documents should I review before buying a home?

When buying a home in Pennsylvania, there are several documents you should review to ensure the purchase is legal and in your best interests. The two main documents are the deed and the title. The deed is a document that states who owns the property and who transferred ownership to the current owner. It should be reviewed to make sure the property is legally owned by the current owner and that transfer of ownership was legally documented. The title is a document that confirms the current owner has a legal claim to the property. It should also be reviewed to make sure the current owner has a legal interest in the property. In addition to the deed and title, you should also review the seller disclosure statement. This document outlines any issues or defect the seller knows about the property. It is important to review it to make sure you are aware of any potential issues with the home before you buy it. Lastly, you should review any loan documents if you are taking out a loan to purchase the home. These documents outline the terms and conditions of the loan, such as the interest rate and the payment schedule. It is important to make sure you understand these documents and agree to the terms before signing. By reviewing these documents before buying a home, you can make sure the purchase is legal and in your best interests.

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What documents should I review before buying a home?

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