THE HOME BUYING PROCESS

**This is a broad example of the home buying process & things vary from state to state.  Consult a local REALTOR® for your area.

• Evaluate your Budget (add up ALL expenses)
• Consulate a REALTOR® (will analyze needs & educate on process)
• Financing (Lender)– Pre-Qualification (believe you qualify for $ amount) vs. Pre-Approval (you are approved for $ amount)
• Select Properties
• View Properties
• Write an Offer to Purchase (can you handle, if offer not accepted) – Need to have Earnest Money available ($ to bind contract)
• Acceptance of Contract – Inspections – Remove Contingencies
• Mortgage Application – Credit Report – Appraisal – Verifications
• Underwriting – Conditions (could be rejected if not met)
• Loan Approval
• Remove Contingencies
• Title Company – Title Exam, Insurance, Title Survey
• Assemble Documents
• Closing – Filing of Deed
• Possession of Keys

YOU OWN YOUR NEW HOME