Buying home can be an
very fun and strenuous time in your life. To help you understand
the home buying process here are some steps on what to expect. Step 1
Work with a Lender to get your pre-approval completed so you know what price
range you will be looking at.
After the seller Accepts your offer your escrow period count down starts.
At this time we now have an executed or ratified
Any Earnest Money you have agreed to needs to be deposited to the Escrow
account. Make sure you write the escrow number on the check if you are
not doing a wire transfer.
If there is a Physical Contingency Period you can inspect the
property during this time. Any repairs the seller agrees to have
completed should be completed prior to close of escrow unless agreed upon
Your lender is working from the 1st day of acceptance to get
your appraisal ordered and your loan file ready
for underwriting to give a formal approval of your loan. ( If Loan is
Obtained for the purchase)
The title company will collect all the necessary documents needed
from all parties. (Seller(s), Buyer(s), Lender, and agents).
When we close all parties will work from a
HUD-1 Settlement statement. The HUD- will tell you the
charges associated with the purchase of your home.
Funding takes place. (Normally the day before closing)
The county Records the Grand Deed
Your Key Exchange to your new home! CONGRATULATIONS!!! You Are officially a New Home Owner!
Author:Rochelle Maher Phone: 925-588-5875 Dated: May 15th 2013 Views: 1,189 About Rochelle: Rochelle Maher focuses on the East Bay residential real estate market and provides her clients with ...
The EastBayPro Team of Compass Real Estate consist of the following professionals: Kevin R. Kieffer, Broker Associate, Naomi T. Kieffer, GRI, Realtor, Scott & Rochelle Maher, Realtors, Realtor, Matt Rubenstein, Realtor, Ken Wilson, Realtor, Taylor Pollard, Realtor & Heather Gowdy, Realtor. This team is ranked in the top 1% of Contra Costa County and are Five Star Agents as seen in Diablo Magazine - Offices in Walnut Creek & Danville - serving communities throughout the East Bay
Home ownership is commonly associated with a sense of accomplishment a
"Charlotte was very helpful and communicative. With the current market the process was not easy but Charlotte always did whatever she could to make us feel at ease. Her follow through on every aspect was very much appreciated."