Have you ever wondered the steps to buying a house from start to finish? Here is a great video and presentation on a typical transaction. From finding the best home to closing, this should simplify the process and give you a nice heads up on things to come.

1. Home Ownership 101
By Chad Everts
After Pre-Approval

3. Finding Your Dream Home
1. Setup Search Criteria
2. Narrow down list to go see
3. Tour Top Selections
4. Make offer to purchase home
5. Inspection Period
6. Closing

4. Search Criteria
1. BLC Search Criteria
2. Price
3. Location
4. Style
5. Amenities
6. Age of home
7. Etc.

5. Touring Homes
1. Select a manageable number
2. Realtor will schedule and route
3. Typically 30 minutes per home
4. Realtor will maintain an ongoing
list remarks
5. Review and proceed accordingly

6. The Purchase Agreement

7. Pending Period
1. Earnest Money
2. Inspections
3. Loan Approval
4. Title Work

8. Small Details
1. Insurance
2. HOA
3. Utilities
1. Inspection Responses
2. Contractors
1. Get You To Closing!
2. Final Walk Thru

9. The Closing
1. Held at a Title Company
2. Lender “funds” Loan
3. Closing of all liens and mortgage
4. Take Ownership
5. Final Step to the Home Purchase
6. Enjoy Your New Home!

10. Next Step
1. Call ELFCU and get pre-approved for a Mortgage
2. Contact Chad Everts to begin the Home Search
3. Have Fun and Enjoy the Homebuying Experience

11. Contact Us

12. Questions?