Saturday, July 31st, 2010


Buying Process

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1
Decision to buy
2
Interview Realtors
3
Start Mortgage Process
4
Pre-approval
Note: Being pre-approved makes the process of buying a home easier because you can be comfortable with the fact that you are looking only at homes in your price range.
5
Locate property
Note: There are many ways to access property listings. A knowledgeable realtor can answer all of your questions as well as evaluate your wants and needs.
6
Schedule time and date to view
homes with your realtor
7
Contract Presentation
Note: Your realtor will guide you through the process of preparing and negotiating a contract to purchase your new home.
8
Negotiation  
9
Agreement by both buyers and sellers to proceed to closing
10
Earnest Monies Due
11
Delivery of contract to lender and attorney
12
Attorney approval period  
13
Inspection of property
Note: An inspection can be performed by a licensed inspector to check for problems with the property prior to actually purchasing it.
14
Presentation of punch list  
15
Remainder of earnest monies due
16
Mortgage contingency  
17
Arrange closing  
18
Final walkthrough
       

End
 



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