The Pathway to Homeownership

Here’s the Pathway of what to Expect when Buying a Home:

Buyers consultation – we will discuss your wants and needs and really narrow down your search. Connect with a lender if needed.
Search for Properties – I have a few platforms but my favorite is the MLS (and www.mdrcondos.com) since it is essentially the source of all listings. If you’re not finding the right one, I have several campaigns to put in place to turn up some new inventory. I can set you up with a private website to the MLS, let me know.
Put in an Offer on a Home
Open Escrow
Submit the 3% deposit to Escrow
Inspections – I have several good inspectors to suggest. Typically a general and termite inspections are good to start with.
Disclosures and Documents – provided by the seller and escrow. If a condo, then HOA docs will be ordered.
Request for Repairs – you can either ask for a credit, work to be completed or…. a price reduction. This step is a big one.
Title – investigate the title to make sure all is clear.
Loan – this process really starts while hunting for homes.
Appraisal – this is ordered by your lender and they send an appraiser out to do a price evaluation. Depending what happens, there are options to further negotiate here.
Finalizing – wrapping up all of the loan docs, escrow docs, title docs etc.
Congrats!! You usually fund and then record the following day (preferably Tuesday-Friday).

Happy to answer any questions!