Pre-Approval and Realtor Meeting
Loan Officer Meeting
Share income and other financial information
Find price range for which you are qualified
Get Pre-qualified
Obtain a pre-approval letter
Obtain a "Truth in Lending" letter explaining the costs of borrowing money
Learn about the many loans available to buyers in today's market
Learn about Closing Costs
Begin Viewing Homes with your Realtor
It is important that, when possible, all decision-makers should visit the prospective homes
Always be candid with your Realtor. This will help us understand your particular needs and desires and enable them to select homes you'll want to see
Prepare the Offer
We will provide you with a comparative market analysis on your property choices to assist you in making an informed decision
We will go through the contract with you and complete your offer
Negotiations will continue until both the buyer and seller agree on all terms
The documents will be sent to the title company where a file will be opened, and title commitment and property tax information ordered
Make Your Loan Application
Your loan officer will need a copy of the contract
Apply for the loan
Inspect the Property
Select an inspector
Arrange for a general inspection and a wood-destroying inspect inspection
We can also provide information about other environmental assessments
Appraisal and Survey of Property
Arrangements for property appraisal and survey will be made by the lender and the title company
Buyer will be provided a copy of the Title Commitment Letter
Buyer will make arrangements for homeowner's (hazard) insurance as well as arrange for the insurance agent to talk with the closing officer at the title company
Seller's Closing is also arranged
As the Buyer, you will receive a copy of the closing statement for review prior to closing
The Buyer should do a final walk-through inspection of the property
Your realtor will arrange a closing date and time with the buyer and title company. Seller's closing is also arranged
The Buyer will bring a cashiers check for all closing costs and the balance of the down payment
After the Closing
Documents will be sent to your loan company for approval and funds are disbursed
The title company will receive and fund all money from the loan company. Payment of any accrued expenses in connection with the closing are due including taxeds, attorney's fees, professional real estate fees and title company fees
Legal documents will be recorded in the county clerk's office and mailed to the buyer
The title company prepares and issues the title policy and sends it to the loan company and new home owner.