1: Decide you are ready to buy a home
2: Get pre-approved with a lender
3: Choose a Realtor
4: Determine a location and price range for your home purchase
5: Look at houses with your realtor
6: Select a home and submit a contract/offer
7: Seller can accept the current contract or counter the contract with a counter offer.
8: Once an agreement is made and both parties sign, you are officially ‘under contract’
9: Earnest money will be deposited with Title Company
10: Complete a Home inspection (cost to buyer ~ $200-$500)
11: If necessary– re-negotiate terms of the contract based on home inspection findings.
12: Lender will order an appraisal on the property (cost to buyer ~$200- $300)
13: Get homeowners insurance and send documentation to lender
14: Title company will prepare all documents to ensure the property has a clear title
15: Attend closing, sign all necessary legal documents and get keys!
