A pre-approval is a letter issued by a lender that confirms both that you are qualified for financing, and the maximum amount you may borrow to finance purchasing a home. Homebuyers seek pre-approval to understand their budget and enhance credibility when making offers. Once an offer is accepted, your application will go through underwriting to confirm your eligibility for that specific property and finalize the loan package.

We will work as a team to identify the properties you are interested in viewing, then we'll submit your request to view those properties. Once receiving confirmation, we'll send you calendar invites for those confirmed showing appointments. Remember, we as licensed agents are authorized to represent you at all properties, even if you come across one on your own. Just let us know the address and we'll arrange a showing for you!

After identifying a property you would like to purchase, we'll initiate the process with a seller or their agent by submitting a written offer (a "Contract of Sale"). Our offer submission will include details such as the offer amount, initial deposit (or, Earnest Money), closing date, and other pertinent details.

Once a seller accepts your offer, you'll finalize all of the escrow milestones such as the inspection dates and loan terms, and the date of closing. Once you're officially "Under Contract", our transactions team will provide specific directions on how to pay the initial deposit, remind you of key transaction milestone dates, and advise you on next steps for any inspections.

A pre-approval is a letter issued by a lender that confirms both that you are qualified for financing, and the maximum amount you may borrow to finance purchasing a home. Homebuyers seek pre-approval to understand their budget and enhance credibility when making offers. Once an offer is accepted, your application will go through underwriting to confirm your eligibility for that specific property and finalize the loan package.

If you've applied for a loan to purchase the property, a mandatory step after inspections is to conduct an appraisal, where an independent party reviews the property and conducts a market analysis of the value. They will then send the lender a final appraisal value for the home, who will, in turn, forward it to you for your records. We will only need to take additional steps if for whatever reason the appraisal value issued is lower than the agreed upon purchase price.

Once the lender receives a satisfactory appraisal, they will finalize your loan package and issue a mortgage commitment. There is a deadline to issue that commitment, so you will work diligently with the lender to provide any additional items they may need from you to finalize the loan.

We will schedule a final walk-through either the day before, or the day of
closing. This is our opportunity to ensure that all negotiated repairs are
complete and that the property is in the agreed upon condition before
ownership of the property transfers to you.

You've made it to the closing table! We will help you schedule a time to officially "close" on the property, where you will sign ownership documents, loan documents, and a final financial statement explaining the purchase price, any costs you may owe, and your loan terms. You'll receive your keys and entry instructions for the property at closing, and then you'll be free to start the next chapter of your home ownership journey!