Our goal is to help you complete a successful sale at the lowest possible price.
In this section you will find the different steps involved in the purchase of new property.
Step 1: You as the buyer selects a Realtor.
Step 2: You will need to be pre-approved by a direct lender if financing is required.
Step 3: You will tour homes with a Realtor.
Step 4: Once you find a home you will submit your offer along with a pre-approval letter from a direct lender, proof of funds & a copy of the good faith deposit.
Step 5: The seller will either accept or counter your offer.
Step 6: Once your offer is accepted: Escrow will be opened and your deposit check with need to be received by escrow within 3 business days.
Step 7: You will schedule your home inspection, order your appraisal & receive the seller disclosures along with a copy of the preliminary title report. You will need to provide escrow with your home insurance company.
Step 8: You will be working with your lender on the required documents. On day 17 the seller will be requesting that you remove your loan, appraisal & inspection contingencies.
Step 9: Escrow receives your closing & loan documents. They will contact you to setup a time for signing the documents. The loan documents will be sent back to your lender for review.
Step 10: Escrow will provide you with an estimated closing statement which will reflect the amount needed in order to close the escrow.
Step 11: You'll wire or take a cashier's check to escrow for the closing funds. Your lender will fund your loan by sending funds to escrow.
Step 12: Documents are recorded and escrow closes. The Realtor will meet you at his/her office or the property with the keys to your new home or investment property.
Step 13: Once confirmed, escrow will disburse funds and you'll receive your final documents from escrow.
For a sample purchase agreement please email searchsangabrielvalley.com and in the subject line please specify if you would like a short sale, foreclosures, probate or standard sample agreement.