South Boston Real Estate with Paul Casavant.

The Home Buying Process

The decision to buy a home can be the most exciting and scary decision a person makes. There are so many things to consider and choices to make. For most people, a house is the biggest investment they will ever make. So it is extremely important that you understand how the process works, what you should expect from your Realtor, How to choose a good lender and what role everyone else plays in the process. Every state has slightly different ways of doing things and Paul works every day completing sales of homes in South Boston.

The Home Buying Process

Meet with real estate agent to discuss home buying wants and needs.
Begin gathering information for loan pre-approval process (refer to application checklist).
Get pre-approved by lender.
Have lender fax pre-approval letter to your real estate agent.
Go on showing appointments with agent to view homes available in market.
Your agent has found your "Dream House"! Now you'll sit down with your agent to write up a purchase and sale agreement.
Remember, it takes 30-60 days to close depending on the type of financing.
Once an offer is presented and all terms of the contract are accepted by both buyer and seller a structural inspection will be performed on the house.
The structural inspection report is in and any repairs or credits as a result of the inspection are negotiated with the seller.
The inspection contingency is waived.
Appraisal, credit and title ordered.
Loan submitted to underwriting.
Loan is credit approved.
Appraisal report is in.
Papers delivered to escrow.
Escrow obtains signatures on closing papers.
Final file reviewed.
Loan Closed.
MOVE IN TO YOUR NEW HOME!!

Contact Paul Casavant for your next Southie Home!
(857) 636-8762 Cell

Jack Conway & Co. Inc.

Paul Casavant

The Home Buying Process