Step 7 – Scheduling the Home Inspection
You’ve found a house, and submitted an offer! Excellent job! But we can’t celebrate yet, there is more work to do. You’ll need to schedule…
Category: Real Estate News
Step 9 – Your Earnest Money Deposit – What is it?
After your contract is accepted, and you’re moving forward in the process, you’ll need to submit an Earnest Money Deposit to the title company within…
Step 11 – Home Inspection Negotiations
Now that the home inspection has been done and you have received the inspection report you need to decide how you’d like to proceed. You…
Step 13 – Appraisal Period
Your lender will order the appraisal within a few days of ratifying the sales contract. The appraiser will contact the listing agent to conduct an…
Step 15 – Set Up Homeowner’s Insurance
As a requirement of underwriting, you’ll be required to carry homeowner’s insurance for the life of your loan. Beyond being a smart idea to protect…
Step 8 – Your Offer Has Been Accepted!
Good thing you scheduled the inspection already! Your offer was accepted and you’re officially under contract! If you didn’t schedule the inspection, now is the…
Step 10 – Give Notice to your Landlord if You’re Renting
If you’re renting your current home, congratulations on making the big steps towards homeownership. You are obligated to give notice to your landlord or property…
Step 12 – No Frivolous Spending
This isn’t the best time to buy a new car, purchase new furniture, or take a vacation. These types of sudden spending can be red…
Step 14 – Hook Up Your Utilities
One of the most overlooked and often dreaded tasks of the moving process is to swap over utilities. This means calling ahead of time to…
Step 16 – Prepare Down Payment Transfer
Remember that you’ll be bringing the down payment and the closing costs to the closing table. Some title companies offer the option to wire the…
