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HOME BUYING PROCESS

OBTAIN PRE-APPROVAL LETTER

*Determine down payment, closing costs, and NEW monthly payment*

*Begin making that payment now into a savings account to be sure you can handle your future new payment*

PRIORITIZE WISH LIST

  • Aim for top 3 items

WORK WITH BUYERS AGENT

  • Cost is negotiated with your offer
  • They represent YOUR interests

MAKE AN OFFER

  • Include dates for Purchase & Sale, mortgage application, bank commitment letter, home inspection, and closing
  • Include contingencies and possible additional terms, and how much will be financed
  • Include deposit check to bind the offer (usually $1000 held in escrow)

WITHIN 10 DAYS OF ACCEPTED OFFER

  • Conduct professional home inspection - usually 2-3 hrs long and $500-800
  • Apply for mortgage
  • Review P&S with your attorney
  • Sign P&S and provide 2nd deposit (usually 3-5% of sales price)

AFTER P&S

  • Appraisal gets ordered
  • Provide required documents to lender
  • Lender provides Mortgage Commitment Letter

THE CLOSING

  • Final walk-through to make sure house is in same condition as when offer was made
  • Sign lots of paperwork
  • Deed gets recorded at Registry of Deeds
  • You receive keys and take possession!!

*Heads Up - At some point in the home buying process, there will be a "hiccup", something that happens that was not expected. Take a deep breath and it will get worked out.

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WHAT OUR CUSTOMERS ARE SAYING

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READY TO GET STARTED?

At KKeegan Realty, we are more than just a real estate agency; we are your partners in achieving your property goals. Whether buying or selling, we’re excited to help you embark on this journey, providing the support and expertise you deserve. Reach out to us today and let’s explore how we can help you with your real estate needs!

 

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