If you haven’t purchased a home in a while or you are a first time home buyer, this chart will help you understand the important steps in the home buying process.

      Initial Consultation

• Determine Housing Needs
• Mortgage Qualification & Pre-Approval
• Credit Report
• Establish Working Relationship

     Determine Neighborhoods for Search

     Select & View Properties

     Write & Negotiate Purchase Offer

• Earnest Money Deposit

     Acceptance of Purchase Offer

     Satisfy Purchase Contract Contingencies

• Home Inspection
• Negotiate Significant Issues, If Any
• Mortgage Commitment
• Complete Mortgage Application
• Appraisal
• Verifications
• Final Underwriting & Mortgage Commitment
• Satisfy Mortgage Commitment Conditions

     Order Title Insurance

• Clear Title Issues, If Any

     Obtain Clear to Close From Mortgage Lender

     Schedule Closing

     Buyer’s Pre-Closing Walk-thru

     Attend Closing

     Possession & Occupancy

Ready to learn how to become a Fraida Varah Real Estate Group Client For Life? Take a look at the benefits now!