Home Buyer Steps
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Decide to buy home
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Sellect selling agent
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Discuss financing and needs with agent
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Meet with Mortgage Loan Officer to get prequalified for a home loan
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Visit homes meeting your requirements
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Present offer with initial Earnest Money
Home Seller Steps
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Decide to sell home
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Select listing agent
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Prepare home for showings
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Broker markets home
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Receive written offer
After Offer is Accepted
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Contingency Period begins
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Arrange for inspections
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Attorneys approve contract
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Coningency Period ends, Earnest Money is due
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Buyer applies for mortgage, appraisal and credit report
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Seller orders Title Policy
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Mortgage approval
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Buyer gets Homeowners Insurnace
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Survey ordered
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Title Search
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Buyers/Sellers notify utilities
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Pre-Closing Inspection
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Closing