Buyer Process

Home buyer- buying process, 1. meeting with a realtor, 2. mortgage pre-approval (Income, credit, debt) 3. Showing 4. Offer& Negotiation (Contract & Pre-approval) 5. Purchase Contract 6. Attorney review (3-5 business days) 7. Down payment (either 10% or half of the down payment) 8. Home inspection (Home, Termite, Radon) 9. Mortgage Process (Submit all documents) 10. Appraisal (third party company) 11. Commitment Letter (Conditional approval) 12. Title Search (ien, restrictions, tax, deed, bankruptcy, etc) 13. CO/CCO From the town (fire prevention, building dept. seller's responsibility) 14. CD/ALTA (breakdown of all costs and fees 15. Final Walk through (with a remax agent before the closing 16. Closing (Wire transfer to the title company and receive keys)