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Download Again.pdf

Buyer-Guide.pdf
Preview of Download Again
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📊 Size: 2.7 MB
📄 Pages: 4 pages
⬇️ Downloads: 132

Summary

1. Finding an agent and getting pre-qualified for a mortgage loan.
2. Visiting properties and packaging and submitting offers with a Proof of Funds and Pre-Approval Letter.
3. The escrow process, which typically lasts 30-45 days, involves contingencies, inspections, loan underwriting, and appraisal.
4. Home inspections and review of disclosures and reports to determine the property's condition.
5. Loan, appraisal, and closing, including organizing an appraisal, submitting a mortgage application, and wiring closing funds.
6. Finalizing the purchase and welcoming the buyer to their new home.
Key terms in the home buying process include appraisal, assessed value, closing costs, contingency, conventional mortgage, credit, escrow, earnest money deposit, fixed rate mortgage, home warranty, preliminary title report, title insurance, and recording fees.

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Description

1. Finding an agent and getting pre-qualified for a mortgage loan.
2.

Technical Information

  • File Format: PDF
  • File Size: 2.7 MB
  • Pages: 4
  • Language: EN
  • Total Downloads: 132
  • Last Updated: 4 weeks ago

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