Exploring the Home Buying Process
1
Start the Process
Start the conversation with us with a buyer consultation. We will discuss the process and guide you through what to expect each step of the way.2
Secure Financing
Talk with a loan officer about how much you qualify for and which loan works best for you. The lender will need you to complete a loan application before they can issue a qualification letter.3
Home Search Portal
Once we have a good understanding of what you’re looking for and what your budget is, we will create a personalized home search through the MLS.4
Home Shopping
This is a process of elimination — start by identifying which neighborhoods you could see yourself living in and whether or not you would like a new or existing home.5
Writing Up An Offer
Once we find the home that fits your needs and wants, we will write an offer and negotiate the best terms possible for you. Once both parties agree in writing, the offer becomes a contract.6
Home Inspections
During the option period, typically the first seven days you are under contract, we will help facilitate the hiring of a home inspector to inspect the property. Once we get the inspection report back we can negotiate with the seller accordingly.7
Home Appraisal
After the option period, the lender will order the appraisal. This is paid for upfront and can be paid with a credit card. The appraisal is a measurement tool to make sure there is enough collateral to support the loan.8
Home Warranty & Insurance
Having a home warranty will provide you with some peace of mind in times of need. We will assist you with selecting a home warranty and insurance company that best suits you.9
Final Underwriting Conditions
The underwriter may require final conditions for your loan approval. These are usually updated bank statements or additional documentation. Once these conditions have been met the lender will issue the clear to close!10
Closing Disclosure
Once we have the clear to close, the closing department at the title company will work up a document called the “Closing Disclosure” which must be given to you three days prior to closing. It presents the final lending and purchase details of the transaction.11
Utilities
The week before closing we will provide you with a list of your new utility providers. It’s recommended that you set these up the week of closing so that your utilities are connected and on for your desired move-in date.12
Final Walk-Through
Either the day before or the day of closing we will coordinate a final walk-through of the property ensuring all items have been removed and any repairs have been completed.13
Closing Day
Closing takes approximately an hour. You will provide your funds to close by either a wire transfer or a cashier’s check a day or two before closing. You will also need to bring a valid photo ID.14
After Closing
We would love for you to write us an online review about your experience. Our services also never stop. We are here if you need anything at all. We would also love to work with anyone you know that is looking to buy, sell, or invest.
