Page 5 - The Kolb Team - Buyer Book
P. 5
THE HOME BUYING PROCESS
Below is a typical outline of the home-buying process. Most transactions close within 45-60 days
of the accepted offer. However, the timeline can vary depending on the two party’s situations
and lender programs available.
Select an Agent you Trust
Obtain Pre-Qualification or Obtain Proof of Funds
Analyze your Needs in a Consultation
Select Properties
View Properties
Write an Offer to Purchase
Negotiate Terms
Accept Contract
Remove Contingencies Conduct a title search
Conduct an inspection
Obtain Mortgage Financing Remove any encumbrances
Resolve any issues
Credit Check · Underwriting · Appraisal · Survey · Insurance Obtain Title Insurance
Obtain Funds for Closing
Close on Property - Recorded
Obtain Possession of your Home!