Steps to Home Ownership

  1. Select a real estate professional who knows the area in which you would like to live.

  2. Meet with your agent to discuss your needs, location, size style, special features, etc.

  3. Ask your agent to arrange a meeting with a knowledgeable lender to determine your buying power.

  4. Your real estate agent will then help you select neighborhoods in your price range.

  5. Your real estate representative will preview homes, select those which most closely meet your needs, and arrange to tour these homes with you.

  6. After you have found your perfect home, it's time to make a written offer. Your agent will prepare the offer, and present it to the seller. Your offer may be accepted or the seller may write a counter offer.

  7. After an agreement is finalized, escrow will be opened and your deposit check will be deposited into the escrow trust account.

  8. Apply for your home loan through the lender that offers the most favorable qualifying process and loan rates. Your representative will assist you in this process.

  9. You'll review the escrow instructions, each of which must be signed by both buyer and seller. Your real estate professional will guide you through the transaction and monitor its progress.

  10. Shortly before closing, your escrow officer will notify you that final documents are ready for signing and inform you of the amount of money required for your closing costs.
When all steps have been completed, it's official. You're a homeowner!


Information believed accurate but not warranted.