Buyer's Roadmap
From obtaining financing to home inspections. Walk through the home-buying process.
Part 1: Finding your new home
ESCROW PROCESS
1.
INITIAL CONSULTATION
Connect with a Realtor to understand your objectives, priorities and timeframes.
Discuss lending qualifications
Define how you and your Realtor will work together
2.
FINANCING
Obtain loan pre-approval from lender
Determine budget and price range for home
Prepare proof of funds
3.
HOME SHOPPING
Tour properties that meet your home search criteria
Monitor market activity
4.
MAKE AN OFFER
Review comparable sales and discuss appropriate offer strategies
Prepare detailed offer package
Negotiate the best possible price for your new home
Part 2: The Escrow
6.
SUBMIT HOME INFO TO LENDER
7.
INSPECTIONS AND PROPERTY CONDITIONS
Conduct buyer inspections; property, pest, chimney, roof, etc
Conduct review of seller disclosures and HOA documents(if applicable)
Part 3: Closing Process
BEFORE YOU GET STARTED
9.
SIGN OFF & LOAN FUNDING
Sign loan documents
Provide cashier's check or send wire for down payment and closing costs
Lender sends balance of funding to title company one business day prior to close