| First Step |
Pre-Approval |
It’s a good idea to be
pre-approved for a mortgage before you take any
other steps in purchasing a home. It’s like loading
your gun before you go hunting. |
| |
Viewing Homes |
When you are ready to
make a purchase, I will help you select the best
homes from hundreds. It’s my job to sort the good
from the bad. |
| Time of Offer |
Writing an
Offer |
Good homes sell very
quickly. It’s a good idea to write an offer
immediately once you find the one that’s for you.
Trust your gut instinct-it’s a good judge. |
| |
Accepted
Offer |
Negotiations can take
hours or days, depending. Once all terms have been
agreed on, we have an Accepted Offer. There are
still “subjects” to the contract that the buyer or
seller is under obligation to resolve before the
sale becomes firm. For example, subject to the buyer
arranging suitable financing. There is an agreed
upon date at which the subjects must be removed from
the contract, usually one to one and a half weeks
after the contract date. |
| |
Inspection |
Any inspections you
wish to do should be booked immediately after the
offer is accepted. |
| 1-1.5 Weeks After Offer is Accepted |
Subject
Removal |
An addendum to the
contract is signed stating that all conditions to
the sale have been removed, and the property is sold
firm. The deposit is paid now. |
| |
Lawyer or
Notary |
You will need lawyer or
notary chosen after the deal is firm, that way our
office can send the paperwork immediately. |
| |
Book a Moving
Truck or Mover |
It’s a good idea to
book a moving truck or mover as soon as you know
your moving day. Movers and trucks tend to book
quickly, especially at weekends and month ends. |
| 1 week Before Closing |
Sign
Documents with Lending Institution |
If you are taking out a
mortgage, you will meet with your lending
institution about 1 week before the Closing Date to
sign the necessary documents. |
| 1 Week Before Closing |
Sign
Documents with Lawyer or Notary |
About one week before
the Closing Date, your lawyer or notary will
schedule a meeting with you to sign all the
necessary documents. |
| |
Follow Up
Call |
About one week before
Closing, we touch base with your lawyer or notary to
make sure that everything is going smoothly and they
are prepared to close your deal successfully the
next week. We’ll give you a call, too, so that you
can rest assured. |
