Owning your own home has long been part of the American dream. It's a goal most of us rightfully aspire to, and one that can often help build wealth. Indeed, 64% of Americans own a home today. If'

Dated: October 1 2015
Views: 423
Once you have met with your Agent, signed the Agent's Office buyer's agreement, Pre-approved by Lender, find your dream home, complete offer paperwork, Offer gets executed, then the fun begins!!!!
1. Buyers and Sellers – Sign Earnest Money Contract
2. Agent – Delivers Contract to title company with Earnest Money Check
3. Title Company- Opens file and orders title search and tax information
4. Buyer – Applies for Loan
5. Lender – Orders Appraisal
6. Buyer – orders Termite and mechanical Inspections
7. Title Company – reviews title commitment for title issues
8. Title Company – obtains pay off information from the seller’s lender
9. Title Company – issues title commitment to buyer and buyer’s lender
10. Buyer – orders homeowner’s insurance policy
11. Buyer’s Lender – received loan approval
12. Escrow Officer – sets closing date and time at title company
13. Title Company- receives loan closing instructions from buyer’s lender and preparesnecessary documents and closing statements
14. Closing takes place
15. Title Company – submits documents to Lender for approval. Funds are distributed
16. Title Company – received funds; disbursing to seller’s loan, taxes, bank charges,attorney fees, title company fees and any other created during closing. LegalDocuments recorded with County Clerk Office. Title Policy is created and sent to lenderand owner.
http://kim.ivyleaguerealtytexas.com
Kimberly Mauldin, Realtor, ABR® 0635045
Accredited Buyer's Representative
214 682 2771 Cell/Text Ivy League Realty
Approved office for listeners of Dave Ramsey and Glenn Beck Shows
Texas Real Estate Consumer Protection Notice
Owning your own home has long been part of the American dream. It's a goal most of us rightfully aspire to, and one that can often help build wealth. Indeed, 64% of Americans own a home today. If'
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