Buyer’s Resources
10 Steps to Buying a Home
Step 1
Check your credit score
Step 2
Figure out how much you can afford
Step 3
Find a real estate agent
Step 4
Get preapproved letter from the lender
Step 5
Start the home search
Step 6
Submit offers
Step 7
Schedule the inspection
Step 8
Secure your financing
Step 9
Purchase a homeowners insurance policy
Step 10
Close and move
The Services We Provide for Buyers
- Walk you through the entire home buying process from start to finish.
- Refer you to qualified lenders and guide you through the lending process.
- Set up showings for every home you want to see and accompany you to answer questions and provide support.
- Negotiate your offer.
- Help you choose a qualified home inspector and attend the inspection with you whenever possible.
- Negotiate repairs, ensuring serious problems are addressed using proper contract verbiage for your satisfaction.
- Monitor your loan commitment by regularly communicating with the lender to keep your mortgage application on track.
- Guide you through the appraisal process.
- Help you determine which home insurances are necessary and which are not.
- Attend your final walk-through to confirm agreed-upon repairs are completed.
- Review all closing statements with you before the closing date and answer any questions.
- Be there when you receive your keys!
- Serve as your realtors for life, not just for this one transaction.
3 Common Type of Loan
Which one is Right For You?
(A $400,000 HOME LOAN – 30 YEAR FIXED RATE)
From Contract to Close
- Write up the offer.
- Contract negotiated.
- Contract accepted.
- Contract sent to lender and escrow company.
- Earnest money deposited.
- Buyer’s inspection period begins.
- Negotiate inspection results.
- Appraisal ordered.
- Receive escrow packet—return promptly (may include an ID affidavit request).
- Appraisal takes place—possible conditions may arise.
- Documents sent to lender for underwriting.
- Lender may request additional verification of documentation.
- Final conditions requested by underwriter (e.g., bank statements, proof of employment).
- Final walk-through or re-inspection.
- Final approval from underwriter (may include final conditions).
- Lender draws up documents and sends them to escrow.
- Escrow prepares your documents.
- Escrow sets signing appointment—expect a call.