The Pay at Close Program allows homebuyers to pay for their home inspection at the time of closing instead of at time of service. Homebuyers who are either reserving on-hand cash, or hesitant to put large purchases on a credit card while the close is pending, now have a pay-later option to ensure a more comfortable home buying experience.
Excellent option for homebuyers limited on funds at time of inspection. Provides the ability to include all inspection services that are important for the home purchase and not pay up front. Easier financial planning by having all home buying-related fees scheduled for payment on set date.
Pay-At-Close FAQs
1) How is Pay-At-Close on home inspections communicated to the loan officer?
As soon as the title company information has been sent to Guardian, Guardian reaches
out to the title company to communicate the inspection fees being added at closing.
This is done well ahead of time so that there are no surprises at the closing office.
2) Does the client have to pay extra for Pay-At-Close on home inspections?
No. Pay-At-Close is offered at no charge to the homebuyer.
3) What happens if a client doesn’t know their title company?
If the client doesn’t know their title company, they can click the box at checkout that
says, “I don’t have my closing company info”, and their agent will be contacted to fill in
these details for them.
4) What happens if the homebuyer changes title companies?
If the homebuyer changes title companies, they can either give the information to their
agent to reach out to Guardian or can contact Guardian directly at 1-800-608-7363.
5) What is Guardian’s process for collecting payment from the client?
Guardian handles all aspects of collecting payment from the title company or client if the transaction does not make it to title. In all situations, we are representing ourselves as Guardian and not the home inspector or the real estate agent. The agreement / invoice that ISN generates is sent to the designated title company for payment. If Guardian is made aware of a canceled transaction or goes past 60 days from the time of inspection, Guardian will bill the credit card that the customer provided when signing the agreement. Once the amount has been billed to the credit card, Guardian will attempt to reach the client and let them know. We recognize the importance of treating the client fairly and with respect. We anticipate that most transactions that do not make it to title will be paid with the credit card on file and that only a small percentage should have to be collected through an actual collections process.