Here is a general overview of the home buying process.
Speak with a lender and complete a loan application. This will allow the lender to issue a pre-approval letter, which must be submitted with all offers to purchase.
Now that you have determined which loan program best fits your needs, create a detailed description of the home you hope to find. At HomeSmart Connect, we use your criteria to refine a search that focuses on homes that offer the features most desirable to you.
During the search process, we will familiarize you with the most commonly used documents in real estate transactions.
Once you have located the property you wish to purchase, we will assist you in establishing the offer you would like to make. Remember, this will include not just the price, but terms and conditions as well.
Now that you have a property preparing for escrow, there are several inspections that will need to take place. At HomeSmart Connect, we help you to determine which inspections are appropriate, and make sure that they are conducted during the time period specified in the purchase agreement.
In order to protect your investment, there are several types of insurance available to be placed on the property. Some of the most common are homeowner's, title and flood insurance. Although not an "insurance" in the typical sense, a home warranty should also be considered when deciding on the protection that is best for you.
Before closing on your new home, you will have an opportunity to conduct a final walkthrough of the property, verify that any repairs requested have been completed, and confirm that the property is in substantially the same condition as on the date of contract acceptance.
At the closing, you will sign all of the necessary documents to finalize the transaction at the Title Company.
When the deed is recorded, the house is yours!
We hope this overview has been helpful. We are committed to providing the most informative and professional services available now and in the future.
If you have questions, we are happy to provide answers! Reach out today.