The Home Buying Process
A top-level overview…
01— Finances
✓ Gather your documents
✓ Obtain pre-approval or proof of funds
✓ Locate down payment funds
✓ Prepare for any additional costs
02— Home Search
✓ Preview potential properties online
✓ Schedule showings and view the properties you are most interested in
03— Under Contract
✓ Write an offer to purchase on your favorite property
✓ Negotiate the terms of the offer and accept the contract
✓ Deposit earnest money, complete loan application and homeowners insurance quotes
04— Due Diligence
✓ Conduct inspections
✓ Resolve/negotiate any issues from inspection
✓ Your lender will order the appraisal
✓ Obtain homeowners insurance
05— Closing Time
✓ Title company will conduct title search and order survey
✓ Receive closing statement/clear to close
✓ Wire funds to closing company or provide certified check
✓ Conduct a final walk-through of property and close
✓ Closing day: Get your keys, it's all yours!