Home Buying Process

 

The Home Buying Process

  • Find a Real Estate Broker You Can Trust
  • Analyze Your Needs in a Consultation
  • Obtain Financial Pre-Qualification and Pre-Approval
  • Select Properties
  • View Properties
  • Write an offer to purchase-Earnest $ Deposit
  • Negotiate & Counter Offer if applicable
  • Accept the Contract-inspection-remove contingencies
  • Complete the Mortgage application-credit report-appraisal-verifications
  • Rejection-Secure underwriting-Conditions
  • Obtain Loan Approval
  • Survey if applicable
  • Contact Title Company-title exam & title insurance
  • Close on the property
  • Take Possession of your new property!
  • *Money Up Front
  • Earnest $
  • Option $
  • Inspection Fee $300-$450+ depends on tests performed
  • Appraisal $350 aprox. depends on the lender
  • Credit report