You’ll feel more confident about your home buying journey when you understand what is required of you . This general outline takes you through it, and shows you that you’re only 12 steps away from buying a home.
- Assess Buyer’s Needs
- Establish Relationship
- Determine Needs
- Mortgage Pre-qualification
- Search Area Homes
- Select & View Appropriate Homes
- Research List Price
- Write Offer To Purchase
- Include Contingencies, Finance, Home Inspection
- Seek The Best Offer
- Negotiate. Possible Contract, Counter Offer, Or Rejection.
- Offer Is Accepted
- Copies Of Contract Are Delivered To All Parties
- Formal Loan Application
- Verify Income & Employment
- Credit Report
- Appraisal
- The Home Inspection
- Negotiate Results
- Seller Makes Repairs / Re-inspection
- Seller Refuses To Make Repairs
- Loan Underwriting
- Loan Approval
- Rejection
- Home Owner’s Insurance
- Buyer Purchases A Policy
- Final Walk-thru
- Contingencies Are Removed
- Title Search
- Schedule Termite Inspection And Property Survey
- Title Exam & Title Insurance
- Closing
- Sign Closing Docs
- Bring Certified Funds
- Keys Are Delivered
Congratulations!