The Home Buying Process
GET PRE-APPROVED
- Meet with a lender
- Prepare your credit
- Set a budget
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Buyer representation
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MEET WITH YOUR AGENT
- Discuss budget
- Research area neighborhoods
- Set wants & needs
3
FIND YOUR HOME
- Tour homes
- Adjust criteria if necessary
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MAKE AN OFFER
- Research comps in the area
- Work with your realtor to set up the best offer
- Negotiations may occur
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OFFER SIGNED
- All negotiations are finished
- Both parties have signed contract
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INSPECTIONS
- Professional inspects the property
- Discovers issues that may need to be worked into the purchase agreement
- Negotiate repairs
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APPRAISAL
- Professional ensures the property is worth the loan and purchase price you agreed to pay
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TITLE COMMITME
- The title company will send you a title insurance policy for the property after closing
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DOCUMENTS TO LENDER
- Make sure all requested docs are sent to your lender prior to closing
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CLOSING
- Final walk-through
- Sign closing documents
- Receive your keys
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