10 Steps in the Home Buying Process

Post on 19-Jan-2017

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Transcript of 10 Steps in the Home Buying Process

10 StepsIn the

Home BuyingProcess

1. Initial Buyer Consultation- Discuss your needs & wants/your home buying criteria- What are the “deal breakers”?- How much home can you afford?- Go over the buying process

2. Pre Approval by the Lender

- How much house can you afford? - What type of loan will work for you?- Interest rate information, terms, etc.

3. Home SearchTraditional, Short Sale, Foreclosure, New Construction

4. Make an OfferNegotiate Contract

5. Inspection of Property• Structure• Exterior• Roofing• Plumbing• Electrical

• Heating & Air• Ventilation• Fireplaces… And more

6. Appraisal

of Property

7. Final Loan Approval

8. Final Walk Thru of PropertyEverything should be in the same shape it

was when you put in your offer

9. Closing on Loan & Home

10. Move in!

Have a real estate question? Contact me!

ritacox@kw.comwww.ritacoxrealtygroup.com(678) 467 - 1229