Buyer's Resources how long should you wait after taking viagra follow go to link world history essay examples legal opinion writing acyclovir and azt combination side effects viagra cuanto cuesta peru ap english application essay best price for real cialis essay on my christmas holidays resume usa animal health sample body of a term paper buy viagra online sydney essay on youth in politics in india homework help telling time m2india cialis lodge pole the piano teacher essay writing an academic book review robert smithson central park essay enter site erickson rhetoric critical essay college student essay topics bangla essay on 21st february ucla dissertation search Contract to Closing – BUYER

Prequalification by a lender(s)
Know your interest rate and amortization terms
Get written Good Faith Estimate: closing cost breakdown; including prepaid taxes and insurance
Monthly payment including principal interest, taxes, insurance, maintenance fee (if applicable)
Know your income to debt ratios

Find the property you want to purchase

Write an offer with an earnest money deposit, usually 5-10% of the purchase price depending upon your loan
Offer is presented to the seller: he can 1) accept 2) reject or 3) counteroffer
Once the counteroffer is received, you have the same options; accept-reject-counter.
This continues until buyer and seller agree on the price and terms

Once contract is accepted and signed
Order inspections. If it is an As Is sale, you will have 10 days to have inspections made and decide if you are accepting the property or cancelling. Cancelling must be done in writing within the inspection period.
Have your lender order the property appraisal (banks valuation of the property)
Apply for insurance and obtain insurance binder: includes 4 point inspection, windstorm and flood (if applicable). A 4Pt Insurance Inspection is mandatory to obtain homeowner insurance: roof, A/C, electrical & plumbing, plus Wind Mitigation report.

Follow-up with your lender to comply with their required documentation and verifications within the contract time period; usually between 20-30 days.

Five days prior to closing
Schedule utilities connections: telephone, cable, internet, water & sewer, electricity, and gas if applicable
Review closing statement (HUD)

Two days prior to closing
Walk through inspection: to make sure all items and property are in the same conditions at the time of contract signing
Wire or obtain a cashier’s check for the balance of funds due at closing

Closing Day!