Buying Process | newestsite

1. INITIAL CONSULTATION & PLANNING

• Determine your buying needs and priorities

• Review agency choices and select appropriate working relationship

• Establish your search criteria and a plan of action for home searching

2. SEARCH FOR A HOME AND GET PRE-APPROVED

• Meet with a mortgage banker to obtain loan pre-qualification/approval

• Begin viewing properties

• Re-evaluate your search criteria as you view different homes

• Continue searching until you find the perfect home

3. SUBMIT AN OFFER

• Submit offer to purchase the home through the seller’s agent

• Discuss and clarify proposed terms and conditions

• Negotiate offer, including possible counter-offers

• Reach final agreement

4. COMPLETE SETTLEMENT PROCESS

• Open escrow and deposit earnest money

• Receive escrow instructions and sign documents

• Receive preliminary title report

• Review inspections and disclosures

• Request any needed repairs

• Removal of remaining contingencies

• Final walk-through by buyer and seller

• Secure your loan, deposit your remaining down-payment into escrow

• Record deed of title

• Get keys!