The Home Purchase Process
Select an Agent
√ Review recommendations and local agents
√ Interview and select your agent
√ Review and sign any upfront paperwork
√ Get references for mortgage brokers
√ Begin review of financing options
Prequalification
√ Run a free credit report on yourself
√ Interview mortgage brokers
√ Figure out how much you can afford
√ Determine which loan package is right for you
√ Select a mortgage broker
√ Fill out application and provide documentation
√ Get pre-approval letter confirming loan details
Home Search
√ Identify home needs and wants with your agent
√ Review optional areas based on needs and price range
√ Set plan with your agent for new listing updates
√ Preview homes and explore neighborhoods
√ See lots of homes and refine the best options
Purchase Offer
√ Identify a home you want to purchase
√ Discuss offer options, strategy and competition with
your agent
√ Determine offer details (price, financing, inspections, closing, etc.)
√ Agent to write and submit the offer and review response with you
√ Negotiations until an accepted offer
Open Escrow
√ Receive a copy of the ratified contract
√ Agent to open an escrow account
√ Deposit earnest monies
√ Review timeline and milestones in the offer
√ Initiate next steps in financing process
√ Take steps to meet all contractual obligations
Inspections
√ Agent to schedule all inspections
√ Meet the inspectors at the property for inspections
√ Review seller disclosures, inspection reports and agent visual inspection
√ Make requests and schedule any follow up inspections with your agent
√ Determine next steps with your agent
Secure Financing
√ Agent to provide mortgage broker with ratified contract
√ Buyer to provide additional requested documentation
√ Appraisal ordered and performed
√ Review appraisal results
√ Provide any follow up requests from the lender until final sign off
√ Receive final approval letter
√ Determine next steps with your agent
Final Processes
√ Continue to review all required contractual and
legal obligations
√ Review timeline and contingencies (conditions) of
the contract
√ Continued negotiations if applicable
√ Secure a Homeowner’s Insurance Policy
√ Sign all final paperwork
√ Sign loan and required documents through the
title company
√ Deposit remaining funds for down payment and closing costs
Close Escrow
√ Receive closing confirmation
√ Get Keys
√ Move In!
Testimonials
- James and Clara Faul
- Cheryll Richard
- Melissa Kanouff
- Leah D.
- Chris Carrico
- Timothy Carrico
- Jacob Arvie (Facility Manager)
- Kenneth George (Leasee)
- Allyson Gilcrease
- Craig G.
- Kira Tobias
- Cory Hoffpauir
- Anthony Norris
- Christian Griggs (Sales representative )
- Courtney McCarson
- El Prejean
- Daniel Blueitt
- Mike Richard
- Mirjam Prejean
- Anonymous
- Kimberly Borman
- Alexis Benjamin (Buyer)
- Tetzee Gelua
- Brooke Chiasson
- Chris Duhon
- J Dup
- Boujee Body Kontour
- Latisha Viltz
- Cali LeBlanc
- Morgan Forestier
- Jacob Arvie
The data relating to real estate for sale on this website comes in part from the IDX Program of the REALTOR Association of Acadiana MLS. This IDX information is provided exclusively for consumer's personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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