THE BUYING PROCESS

BUYER
Initial Consultation: Financial Qualifications
Commitment to Agent

Market Education
Viewing Property

Select a Home to Buy
Write The Offer

Offer Presented to Seller

Negotiation of Terms

RATIFIED
SALES CONTRACT
Schedule Inspections
Receive Disclosures
Open "ESCROW"
Deposit Earnest Money

Search for Loan
Submit Loan Application(s)
Review Disclosures
Have Inspections
Title Search
Preliminary Title Report
Loan Processing Starts
Property Appraisals
Remove Inspection & Other Contingencies
Increase "ESCROW" Deposit Funds
Arrange For Homeowners Insurance
Arrange for Movers
Deposit Balance of Down Payment to "ESCROW"
Sign Closing and Loan Papers at Title Co.
Loan Funding
Record Title
CLOSE ESCROW - GET THE KEYS
WELCOME HOME!

 

 


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