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:Kevin Kieffer Phone: 925-300-8000 Dated: May 16th 2013 Views: 1,363 About Kevin:
Kevin R. Kieffer is a Broker Associate and Realtor with Compass. His primary focus is the East...
About Compass Real Estate DRE 01527235 Kevin R Kieffer DRE: 01330888
Kevin R Kieffer's Team at Compass Real Estate consist of the following professionals: Kevin R. Kieffer, Broker Associate DRE 01330888, Naomi T. Kieffer, GRI, Realtor DRE 01263908, Matt Rubenstein, Realtor, Taylor Pollard, Realtor DRE 01996354, James Heaton 02095396 & Heather Gowdy, Realtor DRE 01933216. 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 & Danvi lle
Compass is the only real estate brokerage brand that speaks to the nex
"I can't speak highly enough of my experience with Charlotte. She was incredibly professional and efficient, and was present at every step of the process. She was responsive, patient, and available regardless of the day or time I had a question. I've done a few real estate transactions, and I can definitely say that she made the process of buying a property much easier. I highly recommend Charlotte to anyone looking to purchasing their dream home."