Steps to Buying a Home

  • Before looking at a property with your realtor
    • Buyer signs state agency form
    • Search for a great property
  • Tour properties with your realtor
    • Decide on property to purchase
  • Review and sign Purchase Offer
    • Includes Property disclosure form
    • Additional forms
  • After Offer is Accepted
    • Deposit Check is deposited into Warren's escrow account.
    • Choose an attorney and Home inspector
    • Schedule Structural and Radon Test
    • Complete the Structural and Radon Test
    • Remove all contingencies: structural, radon and financial
  • Mortgage process
    • Application
    • Appraisal
    • Commitment Letter
  • Week before closing
    • Switch utilities
    • Secure homeowner's insurance
    • Change mailing address
    • Take final walkthrough
    • and Close!
  • Items typically needed at Loan Application
    • Application Fee
    • 30 Days Full Paycheck stubs (YTD)
    • Last 2 years W-2's
    • If self-employed, need 2 years of personal and business returns
    • Last 2 months bank statements on all accounts, all pages
    • Copy of the most recent monthly or quarterly account statement for retirement
    • Copy of all Bankruptcy discharge papers and list of creditors (if applicable)
    • Copy of Settlement from sale of home (if applicable)
    • Child support information (if applicable)
    • Copy of signed real estate contract (if purchase transaction)
    • Photo ID

 


Search for your next home with these great services:

Warren Real Estate RealtorTrulia Zillow