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
