1. False. Settlements involve a lot
of elements beyond the contract and loan.
2. True. The home inspection
is looking for structural and mechanical problems.
3. False. They
aren't required, but highly recommended.
4. False. A home inspection
takes both the house and the land it sits on into consideration.
5.
False. You may want or need an asbestos, termite, lead paint or other kind
of specific inspection done on your home.
6. True. Settlement attorneys
do not get into the pricing of a deal. Their job is to negotiate better deals.
7. True. You must check out the people you hire to ensure quality.
8. True. Complicated real estate deals need an attorney's touch to make
sure all the legal rights are observed.