Buyers:

Begin the buying process

Buyers:

Choose an agent

Financial Services Officer:

Pre-approves buyers and discusses ancillary services with buyers

Buyers and Realtor:

Tour homes

Buyer:

Make offer on selected home

Realtor:

Presents and negotiates offer on behalf of buyers

Buyers and sellers

Both parties sign real estate contract

Realtor:

Gives one signed. copy of contract to seller and one to buyer

Buyers:

Arrange for home inspection

Buyers:

Increase earnest money if specified in contract

Financial Services Officer:

Make sure mortgage contingency is met as called for in the contract

Financial Services Officer:

Orders title

Financial Services Officer:

Make sure attorney sends the title policy to buyers' lender

Financial Services Officer:

Prepares mortgage or trust deed and note and advises buyers that they are ready for signature

Financial Services Officer:

Delivers comprehensive insurance options

Buyers:

Obtain homeowners' insurance policy (evidence must be shown at closing)

Financial Services Officer:

Makes sure appointment is set for closing

Financial Services Officer:

Obtains figure for the amount required to close and then obtains a certified or cashier's check for this amount

Sellers and Buyers:

Meet for closing - money and documents change hands

Sellers and Buyers:

Grant possession in accord with contract. Make sure all utilities have been notified and meters read