The home buying process involves many important steps, many of which happen quickly. We will be here to guide you through the process, explaining each step, including:
1. The Seller's Obligations
-Sellers Disclosures of the Property
2. Your Obligations and Choices
-Estimate Buyer's Costs
-Pre-Qualification Letter
-Comparitive Shopping
(of houses and mortgages available)
3. The Purchase Agreement
-Leverage
-Prepare Offer
-Home Protection Plans available
-CMA on Home Advice
-Negotiation Strategies
4. Offers and Negotiations
-Present an Offer
-Communicate Seller's response
-Accepted Offer- Legal/Binding Purchase Contract
-Contingency Process
(Attorney, Mortgage, Home Inspection)
5. Home Inspection
6. The Loan Process
-Application
-Appraisal
-Mortgage Application Checklist
7. Title Search and Title Insurance
8. Prior to Closing
-Walk-through of property
-Set place of Closing
-Review of Closing Documents
-Contingencies met
-Verify with Lender clear to Close
9. Closing Deal
-Papers signed
-Monies exchanged
-Home insurance
-Transfer of water/utilities
-Keys exchanged (unless possesion is after closing date)
10. After Closing
-Occupancy Escrow
-Key Exchange
-Water Escrow
-Coldwell Banker Survey | |
