Buy A House
Home Wealth Program Description
Secure a Loan
It is recommended you contact at least three lenders to learn about their products and programs, and to find one that you like and feel comfortable working with.
Lenders will request the following information from you:
Picture ID, and in some cases proof of residency
Two years of Tax Returns
Two years of W2's and/or 1099's
Two months of bank statements
Thirty days of pay stubs
Credit Score of 650 or higher
Secure a Real Estate Broker
Meet with the Real Estate Agent and learn about the process of buying a house and set expectations. Ask Agent any questions you have
Sign required documents prior to visiting homes
Exclusive Agency contract
Disclosure of working relationships
Agent creates a search and keeps buyers informed of new and existing homes.
Home Buying Process
Start visiting homes and sending offers to sellers until one is accepted.
Turn in Earnest Money to the appropriate entity and get a receipt.
Sign required disclosures
Pick and contact inspection company, place order.
Review Title Work, HOA Docs and Due Diligence Docs
Prepare Inspection Objection with Agent and send to Sellers for review. Agree on Objection Resolution by Deadline.
Check on appraisal through lender, submit objection if necessary, and negotiate a solution by deadline.
Attend final walk-through prior to closing.
Real Estate Agent
Provide Lender Info to Seller and Title
Provide signed contract to buyers Lender
Verify MLS Changed to UC in MLS
Provide Buyer with inspector names and numbers, and coordinate with Sellers.
Remove Buyer from auto searches
Prepare Disclosures and collect signatures from Buyer and Seller
Review Title Work, HOA Docs and Due Diligence Docs with Buyers.
Prepare Inspection Objection with Buyers and send them to Sellers for review. Agree on Objection Resolution by Deadline.
After inspection, check on appraisal through lender - Submit Objection if necessary, and negotiate a solution by deadline.
Check with Title and Lender to confirm all is well and ready for closing.
Check on Loan Objection by Deadline
Coordinate closing time/date with Sellers, Review Settlement Statement with Buyers
Coordinate a walk-through with Buyers and Sellers to check inspection repairs.
Review Transfer Docs and attend closing
Verify MLS shows your ID on Sold Page