The Buying Process
Initial Consultation:
- Determine your needs and priorities
- Review agency choices and select appropriate working relationship
- Discuss financing options
Find the Right Home:
- Show you properties based on your criteria
- Evaluate each property
- Choose the right home
Obtain Financing:
(There is overlap here in terms of timing with finding the right home and preparing an offer)
- Find a mortgage company
- Consult with a loan officer
- Pre-qualification
- Complete loan application
- Obtain pre-approval
- Provide requested documents
- Property appraisal
- Final loan approval
Prepare an Offer:
- Review comparable sales to determine offer price
- Review progress of loan pre-approval; decide on financing
- Decide on other term (inspections, possession date, personal property, etc.)
- Prepare an earnest money deposit
Reach an Agreement With Seller:
- Present your offer
- Negotiate terms and possible counter offers
- Agree upon sales contract with seller
Complete the Settlement Process:
- Deposit of earnest money
- Review seller's property disclosures
- Review preliminary title report
- Roof, termite and other inspections
- Remove any remaining contingencies
- Arrange for homeowner's insurance
- Arrange for home warranty
- Arrange for movers
- Final walk-through of property with agent
- Provide balance of down payment and closing costs
- Sign documents
- Loan funding
- Record title
- Receive keys from agent
- Move in!
Contact Rick Zemo Today!