Tips


FOR BUYERS
The Home Buying Process

Considerations
Needs, Wants and Priorities
Purchase Timeline
Financial Parameters and Costs
Buyer-Agent Relationship

Preparation
Financing Pre-Approval
Assess Market Conditions, Values
Learn Property Types
Neighborhood Pros and Cons

Search
Listing Information Review
Home Tours and Open Houses
Exploring Options/Learning the Market
Find the Home You Wish to Buy

The Offer
Review Property Documents
Comparative Market Value Analysis
Negotiation of Best Terms and Price
Offer Acceptance

Escrow
Create Timeline of Events
Open Escrow Account
Buyer Good-Faith Deposit
Preliminary Title Report

Due Diligence
Lender Appraisal
Property Inspection & Investigation
Review of Disclosures and Reports
Removal of Contingencies of Sale

The Week Before Closing
Final Walk-Through
Review and Sign Closing Documents
Buyer Final Deposit
Funding of Loan

Day of Closing
Recordation of the Deed
Close of Escrow
Delivery of Keys
Move In!

 

 

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