Let me eliminate the stress OUT of your home buying experience.
Chronological order of what takes place when you buy a home
1. It is important to obtain a pre-qualification or pre- approval prior to searching for a home. Call your Bank or Credit Union or I can give you names of Mortgage Brokers that will shop for a loan for you with the best interest rates. I can be reached at 760.535.8740 or email email@example.com.
2. When the lender has established how much you are qualified to purchase, they will give you a letter stating your are pre-approved for a certain amount so we can attach your pre-approval with offers we submit on homes you are considering.
3. Search for your new home. (Log into SD MLS from my web site) When you find a home you would like to see, I will research everything there is to know about that home, run comps so we know what the house is worth today and what the house was purchased for in the past. I will also search for listings that fit your criteria. (Mark) this is where I would like a link for the potential buyer to go fill in criteria) Here is what I am looking for in their criteria… Price, Location, age, stories, Square footage, bedrooms, bathrooms, Lot size, pool, and other.
4. Place an offer. I will draw up a purchase contract and have you sign it. I will collect a deposit check from you to send with the pre-approval letter and purchase contract and will follow up to make sure the Real Estate Agent and seller receive the offer for consideration.
5. When the offer is accepted I will open escrow and title. We will make an appointment to have a physical inspection , a termite inspection, and any other inspection you feel is necessary.
6. The seller will give us any and all disclosures to read over and sign. These disclosure are additional information on the home for you to make an educated decision on whether or not you will continue with the purchase.
7. Your Lender will have an appraisal completed on the home. We will meet with the appraiser when the appointment has been set.
8. While we are doing inspections and having the home appraised your lender will be asking you for documentation needed for the loan.
9. I will make sure escrow is on track for closing and recording. Escrow will also send you and I a package to read and sign.
10. Your lender or Escrow will call you to sign your loan documentation. Please read and understand what you are signing. I am happy to attend the signing with you.
11. After signing the loan documentation, escrow will receive funds from the lender and record the sale.
12. After escrow records the sale, we will be notified, and you will receive the keys to your new home.
© 2019 Teri Mullen Certified Realtor/Relocation Specialist serving San Diego, Riverside, Orange County