Buying Process

Below are the 4 phases of the buying process.

Phase 1: 🔎

a. Initial Consultation

• Determine wants and needs

• Buying process overview

• Agent services

• Market Conditions

• Lending qualification

• Define Agency Relationship

b. Loan Pre-approval

c. Home Shopping

Phase 2: 📝

a. Inspections

• Buyer inspections: Property, Roof, Pest, Etc.

• Review Seller Disclosures

b. Home Insurance

c. Make Offer

Phase 3: 🔏

a. Open Escrow

• Title Escrow officer will order Preliminary Title Report and send copies to both parties

• Buyer funds are deposited into escrow account

b. Submit Home Info To Lender

Phase 4: 🏠

a. Final Walkthrough

• A final walkthrough is performed in order to confirm repairs if necessary

• Property condition should be consistent with the condition on the date of contract ratification

b. Sign Off & Loan Funding

c. Close Escrow