123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Business >> View Article

How Are Home Loans And Columbus Car Title Loans Alike?

By Author: Stam Bett
Total Articles: 452

You probably don't think there's much in common between home loans and Columbus car title loans, but these two loans share one big thing in common: an inspection. When you buy a new home, you'll need to have the home inspected before you buy it. The information provided by the realtor is usually a couple of pages long and repeated again in the broker's agreement. Information in a binding agreement is typically provided in more than one document when you enter into a agreement to buy a new home or obtain car title loans in Columbus.

When you buy a home, you cannot close escrow until your home is inspected first. Home inspections are designed to reveal defects or potential issues concerning this large purchase and your inspection report will also tell you which problems are very severe and which are just minor defects. You also need to be careful during this process because not all states require home inspectors to be licensed, and typical unlicensed inspections do not include a check for asbestos, mold or mildew.

Prepare a Checklist for Columbus Car Title Loans
A home inspection is actually very similar to the inspection required prior to car title loans. Columbus lenders will want to look at your car to determine it's value and make sure it's in good condition, just like a home inspector makes sure there are no serious problems with a home you want to buy.

A home inspector will run through a checklist that includes structural features like the foundation and roof, then an exterior check of landscaping, driveways, drainage, and windows. The home's roof and attic are checked for construction, framing and ventilation, and the plumbing is checking. Home inspectors also check the water heater, furnace, exhaust fans and appliances and, when they finish their inspection, they will give you a report describing serious problems like inferior roofs, furnace or AC malfunctions, moisture issues and foundation problems. The seller will then need to fix these problems or you can fix them yourself.

Repairs can be a deal-breaker for many homebuyers, and you may try to work it out with the seller if you really love the home and the repairs are minor. In some areas, many violations cannot exist when purchasing a home so the entire transaction can fall through that quickly. The inspection itself will also cost you money.

This is where home loans and car title loans in Columbus are similar. When you apply for car title loans, Columbus lenders will need to inspect your truck or car before they can provide the loan. They want to make sure your vehicle is in good condition, which affects its value and equity, and thus the amount you receive. Just as with a home inspector, it's important to make sure the lender is licensed so you know you will receive your car's title back once you pay off your loan. Take the time to get your car looking as great as possible and clear up any title issues before you try to get a loan against its value.

For more information on Columbus Car Title Loans and Car Title Loans in Columbus. Visit Today - Titleloan-columbus.com

Total Views: 57Word Count: 533See All articles From Author

Business Articles

1. Corporate Events Company & Brand Building Of The Middle East
Author: Kari Events

2. Meeting Multistate Payroll Compliance Requirements Is Critical For Payroll Professionals
Author: NetZealous LLC, DBA TrainHR

3. Sap Sd Interview Questions And Answers
Author: Rajni

4. Sap Fico Online Training
Author: Rajni

5. Sustainable Home Design
Author: Monnaie Architects

6. Why Power Banks Are Becoming The Most Important Phone Accessory
Author: Lloyd Simpson

7. Top 4 Appliances You Can Have Repaired By An Hvac Company
Author: Grand Home Services LLC

8. Corporate Entertainment Usa
Author: chrisgracelivewebmaster

9. Necessity Of Lethbridge Home Inspection For New Homes
Author: Mark Henry

10. Who To Trust For Availing Easy Loan Singapore
Author: goldencredit

11. Equity Trading Strategies In Indian Capital Market.
Author: Sanjay Singh

12. Impact Of Fdi & Fii On Indian Stock Market
Author: Sanjay Singh

13. Pros And Cons Of Advertising In An Application
Author: MichaelDavidWilson

14. Samsung Ac Service Center Hyderabad
Author: srinika rao

15. Lg Refrigerator Service Center Hyderabad
Author: srinika rao

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: