THE BUYING PROCESS

Here are the steps involved in buying a home:

• Talk to an agent about where you are interested in searching for homes

• Determine your budget and save up for a down payment and closing costs

• Get pre-approved

• Start looking at homes

• Make an offer

• Closing

• Move in!

To ensure that your buying process is smooth, here is what to expect in closing:

• Work with lender

• Make your earnest money deposit

• Have home professionally appraised

• Get homeowner’s insurance

• Coordinate paperwork with underwriter

• (if contingency applicable) get a home inspection and request repairs

• Do a final walk-through

• Submit your downpayment and closing costs

• Close escrow and sign all paperwork

What documents do I need to prepare for a home loan prequalification?

• 2 years tax returns (including W-2 forms)

• Bank statement for 2 months

• ID and social security card

• 1 month worth of paystubs