The Buying Process

At a quick glance, the buying process will involve the following:

  • Initial Interview – Determine wants vs. needs.


  • Get pre-approved by a lender 
– And obtain a pre-qualification letter from the lender; complete loan application, finish necessary documentation.


  • Property tours
 – Show you available homes that suit your needs, fine tune your searches, attend open houses, educate you about the current market.


  • Target that “perfect” home to write an offer – Writing an offer will take 1-3 hours.  You will be asked to provide a verification of funds to close among other items to present with your offer.
  • Your offer is presented to the Seller – In presenting your offer, I will highlight the strengths of your offer and your strengths as a buyer. Your offer is countered, accepted or rejected at this point.


  • Counter Offer – The counter offer is discussed and prepared.


  • Escrow – Once an offer is accepted, your earnest money is deposited with the Title Company by check or wire.


  • Contingency Period – Buyer receives and approves Seller’s Real Estate Transfer Disclosure Statement, and other seller disclosures. Buyer approves Preliminary Title Report. Applicable physical inspections are completed.


  • Homeowners Insurance Coverage – Buyers obtain Homeowners Insurance Policy for their new home.


  • Signing documents at the Title Company – Buyers need to bring current photo identification to sign notarized loan documents at the Title Company.


  • Down payment and closing funds – The escrow officer provides you with a Buyer’s Estimated Closing Statement which itemizes your costs and advises you of total monies due. Buyer brings a cashier’s check to Title Company at least 24 business hours prior to closing.


  • Funding – The lender completes final audit of documents and then sends funds to Title Company.


  • Close of Escrow – The deed is recorded at the County Recorder ’s Office by the Title Company. You will receive your copy in approximately six weeks. Keys are transferred from seller to buyer.

Contact Lisa & Lisa Real Estate Consultant Group:

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