Home Buying Process

We commit to guiding you through this process and managing this timeline.

 

1. Hire us as your realtors

2. Determine how much you can afford by getting Pre-Qualified by a lender

3. Set up home search

4. Tour homes

5. Make an offer

6. Contract acceptance!

7. Open Escrow:

-Deposit earnest money

-Title search ordered

8. Buyer Due Diligence(10 day inspection period):

-Inspections: General, termite, roof, pool, etc.

-Review Seller disclosures: Title commitment, CCRs, HOA Disclosures, Seller Disclosures (Seller Property Disclosure Statement-SPDS)

-Review all  inspection reports with agent

-Negotiate appropriate repairs (Buyer’s Inspection Notice Seller’s Response-BINSR)

9. Loan Approval Process:

-Keep in touch and be responsive to your lender’s requests

-Secure home owner’s insurance

-Order Appraisal

-Appraisal comes in at value

-Loan goes into underwriting

-Loan Approved

-Buyer signs Lender’s CD(Closing Disclosure) - 3 days before closing

10. Buyer attends final walk through inspection

11. Transfer utilities

12. Closing:

-Sign closing documents at title company

-Wire funds or provide cashier’s check for down payment and closing costs

-Documents are approved

-Loan funds are released to title company

-Documents are sent to county to be recorded

-Property records - Congrats homeowner!

13. Pick up your keys