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•  Conduct Search on
            THE  BUYING                                                           •  Buyer Deposits Earnest
                                                                                         Sellers: liens, divorces,
                                                                                         etc.


                                                                                      Money in Escrow
                                                                                  •  Escrow and Title Fees are
       PR OCESS                                                                   •  Initial Title and Escrow
                                                                                      Sent to the Lender


                                                                                      Instructions Sent to Buyer
                                                                                      and Seller for Completion
                                                                                  •  Payoffs and Other
                                                                                      Requirements are
                                                                                      Completed to Clear Title
                                                                                  •  Home Warranty is Ordered
        HOMEBUYER                                •  Physical/Pest Inspection      •  Closing Documents are

        •  Compare Lenders,                         Completed                         Reviewed Before Closing
            Determine your Budget, &             •  Appraisal Ordered and             Appointment
            Get Pre-Qualified                       Completed
        •  Choose a Real Estate Agent        •  Provide Proof of                  PIONEER TITLE AGENCY
        •  Tour Properties, Choose a             Homeowner’s Insurance            - CLOSE OF ESCROW
            Home, Write and Present              Coverage                         •  Loan Documents are sent
            your Offer                       •  Loan is approved                      to Pioneer Title Agency and
        •  Terms are Negotiated and/or       PIONEER TITLE AGENCY                     Signed
            Offer is Accepted                - ESCROW OPENED                      •  Title and Escrow
                                                                                      Documentation is Signed
        LOAN                                 •  Accepted Contract Received,       •  Down Payment and Closing
        •  Chosen Lender Verifies                Escrow Opened, Title Search          Costs are Submitted to
            Buyer’s Income, Credit, and          and Preliminary Report               Escrow
            Assets                               Ordered                          •  Lender Submits Funds to
        •  Contingency Period                    •  Conduct Search on                 Escrow for Disbursement
            •  Real Estate Transfer                 Property: owners of           •  Deed is Recorded and
               Disclosure                           records, liens, etc.              Escrow is Closed




        UNDERSTANDING                        •  Provide     reassurance     for
        THE HOME                             •  Avoid disputes with the
                                                 Buyer’s

        WARRANTY
                                                 Buyer for repair and/or
  • a                                            replacement of covered of
                                                 covered items
          home  warranty can be
        purchased  by a Buyer or Seller      Most  home  warranties  are
                                             paid at the close of escrow for
        to cover many mechanical,            the  upcoming  year. Review
        electrical, and plumbing systems     the policy closely to be sure
        as  well as some appliances.         you  are receiving the  desired
        Many Sellers choose to purchase      protections.
        a home warranty plan to:
        •  Cover repairs that may arise
                                                                     Sedona, Arizona
            while the house is on the         Photograph by: Desha Jackson (Tucson River)
              market
                                                                               Pioneer Title Agency               27
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