Before you begin

1. Locate a Realtor
2. Sign a Buyer/Broker Agreement
3. Obtain Pre-approval for Loan
4. Identify source of down payment & closing costs

1 week to 3 months

1. Search for Home
2. Make Offers/Counter Offers as necessary
3. Give 3% deposit to Realtor
4. Get accepted offer
5. Provide pre-approval letter from lender and proof of funds for down payment with Offer

Immediately After Acceptance

1. Open escrow by sending copies of Purchase Agreement and all other documents to escrow
1. Schedule all necessary inspections
2. Give deposit check to escrow
3. Order appraisal of property through mortgage broker
(Buyer is responsible for paying now-usually from 300-500$)

7-17 days After Acceptance (depending on terms of Purchase Agreement)

1. Conduct inspections, review reports, request repairs
2. Review and return all signed disclosures
3. Remove all contingencies in writing or cancel contract
4. Sign & return escrow instructions
5. Shop for & Obtain Home Owners Insurance
6. Loan documents are ordered when you remove all contingencies

5 days before close

1. Verify condition of property
2. Sign all Loan & Escrow documents (usually with a Notary Public at Escrow Company)

At Close of Escrow

Once all loan papers have been signed they are sent to the lender for
processing which takes approximately 48 hours. The Loan is then "funded" i.e. the money is
transferred to the Seller. At that time the deed is recorded. Once we have received confirmation
from the title company that the deed has recorded the house is yours and the keys are delivered!