1. Buyer Meeting
We'll discuss what you're looking for in a home: location, size, special features, etc., and determine needs vs wants.
We'll discuss what you're looking for in a home: location, size, special features, etc., and determine needs vs wants.
Meet with the lender to set your price parameters and obtain prequalification. We have preferred lenders that we highly recommend if you're in need of contact.
We will work together to come up with a list of homes that match your criteria and then set up appointments to view each property.
When you're ready to make an offer, we will run comparables to determine the offer price. We will then negotiate with the Seller's agent on your behalf. Once the offer is accepted we will then open escrow.
Accepted contract paper work provided to escrow officer and earnest money deposited to escrow company (generally 1-2% of purchase price).
You have 10 calendar days from the contract acceptance date to have the home inspected and request repairs, accept the home "as-is" or cancel the contract. Once repair requests are submitted the seller then has 5 days to respond (we will negotiate on your behalf to come to an agreement).
After the inspection period is over we will then ask the lender to request the appraisal (not applicable for cash deals). The appraisal will be the last contingency prior to closing.
The escrow officer will send a pre- settlement statement for review and schedule a signing date & time. We will also schedule your final walkthrough to ensure the residence is in the same condition as contract acceptance and all applicable repairs have been completed. Both signing and walkthrough will occur prior to close.
Once loan funds are at the title and the deed has been recorded with the county, the home is officially yours and keys will be provided.
During the application stage, the lender will help you get prequalified. This consists of providing basic information along with documentation. Documentation will vary from person to person. During the application process, the lender will discuss payment estimates, what you qualify for, and review different loan options.
Once you find a property and go under contract, the lender will gather any updated documentation if needed and will send disclosures via email for e-signatures. Here you'll get a lot of legal disclosures and FYIs as well. This does not commit you to the loan.
Once the initial loan paperwork is signed, the lender will do a lot of behind the scenes work. They'll verify employment, identity, taxes, etc. and order the appraisal.
The underwriter will work to approve your loan and let the lender know if they have any questions regarding verification & documentation.
Once the underwriter gives full approval, the lender will prepare all closing paperwork and then partner with the escrow officer to finalize closing figures.
The title company will work with you to set a time to sign and also give you instructions on how to pay your down payment. Once the lender receives and reviews the completed package of documents from the title company, the loan will be sent out (funded).
• Start organizing and decide what you’re taking with you and what you're getting rid of (donate or host a yard sale).
• Get quotes from moving companies.
• Make a list of anyone you need to inform about moving (schools, doctors, banks, etc).
• Talk to your insurance companies about the move.
• Begin arranging transportation for you, your family, and your pets.
• Start purchasing packing supplies (standard boxes in various sizes, bubble wrap, packing paper, packing tape, etc).
• Start packing. Start with items you don't use often and save items you use frequently.
• Begin labeling boxes according to contents & which room it belongs to in the new house.
• Keep a running list of packed items/boxes to cross-reference with the moving company.
• Consider renting a storage unit to remedy any gaps in your move.
• If you’re driving, get your car checked out.
• Tell the post office you’re moving & get change-of-address cards.
• Gather records from schools, doctors, dentists, etc.
• Contact moving company and confirm date/time/plan.
• Evaluate how many days off work you'll need to make the move and request time off.
• Contact utility companies and disconnect/transfer/install services.
• Finish all packing a few days before moving day with the exception of any essential
items you'll need during your move.
• Confirm movers again.
• Arrange to pick up your new house keys from your Real Estate Agent.
