Buyer’s Pre-Closing Checklist

Congratulations on your decision to buy a home!  Call Julie Antunes at 480-225-0007  to help during this fascinating time.

• Contact a mortgage lender to obtain a pre-approval letter to see what is your buying power.  We work with experienced lenders regularly and can provide you with recommendations if needed.
• Decide your housing needs and wants to determine what types of homes you should consider in your price range based on your prequalification.
• Become familiar with the costs of purchasing a property, such as the earnest money deposit, home inspection, pest inspections, appraisal fee, credit report fee, and closing costs.  Together with your lender, we can help estimate those costs for you.
• Look for your new Home!
• When we find a good home, we will write up an offer.
• We negotiate the best price and terms on your behalf.
• Once the offer is accepted, we open escrow, depositing your earnest money deposit with the named escrow company.
• Submit a loan application with all the necessary documents that your lender requires.
• We help you set up home inspections, including termites and possibly others such as radon or mold.
• Review the inspection report(s) and prepare a buyer repair request.
• Negotiate repairs to be made and complete due diligence.
• Review CC&Rs and Bylaws, if applicable.
• Reserve a date with a reputable moving company.
• Call utilities two weeks before closing.
• Review title documents, including the commitment for a title insurance policy.
• Provide any additional documents the lender requires to complete the underwriting process from inception to approval.
• The appraiser gives the value of a home.
• Loan Commitment received confirming loan is approved.
• Give insurance company escrow information.
• Sign loan documents at title at least three (3) days before the closing date.
• Provide certified checks or wire transfers to the title company for cash required to close.
• The lender sends mortgage funds to the title.
• County Recorder’s office records the deed.
• Keys are given to your new Home!