|
In a nutshell, here are 15 typical and essential steps most home buyer's will take in the order they usually happen:
- Select a real estate agent that you feel is competent and that you have rapport with.
- Get prequalified by a lender and determine how much house you can purchase.
- Work with the Realtor to determine the various needs in the kind of home you want to buy.
- Search and find your home with your Realtor, make a written offer and respond to any counter offers from the seller.
- Reach an agreement with the seller. Earnest money deposited in real estate company escrow account.
- Make a formal loan application. Typically done within five days of contract agreement.
- Conduct a home inspection with a qualified home inspector. Negotiate correction of any problems.
- Select a settlement attorney. Respond to requests for information from the mortgage company.
- Loan approved. Final pest inspection made by seller. Moving arrangements finalized.
- Obtain home owner's insurance. Confirm settlement date.
- Arrange for utilities to be put in your name. Get final closing costs.
- Conduct final walk through of the home to ensure everything is as specified in the contract.
- Go to closing with receipt for home insurance and certified or cashier check for closing costs.
- Sign all documents, get keys to house and take a deep breath.
- Live happily ever after.
http://www.starkvillerealestate.com/buying/index.html |
