The Home Buying Process
Meet w tn your
REALTOR' tor your
Buyer Consultation
Hire your REALTOR'
You are
Pre-Qualltied
by Lender
Your
REALTOR'
snows you
homes titting
your criteria
Contract and Earnest
Money deposited with
Escrow Company:
Escrow Opened/ Title
Search ordered
Otter made on your
favorite home!
your REALTOR' Will nep
you negotiate the best terms
CONTRACT IS
ACCEPTED!
BUYER'S DUE DILIGENCE
Inspections:
Home, Wood Infestation, Root, Pool
REAL OR' helps buyer review
inspections and negotiates
appropfiate requests
Reports:
Seller Disclosure.
Title Comm tment, CCRs,
HOA Disclosures
REALTOR'tD review witn Buyer
and present Buyer's responses
LOAN APPROVAL PROCESS
Mortgage
Rejection
Company
Underwriting/
Property Appraisal
auyer
conducts linal
walk-through
Sent back
to Escrow
and Escrow
Company
distributes tunds
Approval
Buyer
secures
Home-
owners
Insurance
Escrow Company
payotts and collects
other information
Signed documents
sent to Lender
Atter approval ot
documents Lender
wires tunds and
gives 0K to record
Signing ot
documents by botn
Seller & Buyer
Documents
recorded
at County
Recorder
You are given the keys
to your new home!
itle policy, deed,
etv= are sent to you
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