Home Buyer's Guide- Seattle 2021

THE HOME BUYING PROCESS

WHAT TO EXPECT FROM SEARCHING TO SOLD

SELECT A BROKER

SELECT A LENDER

Obtain Loan Pre-Approval, Determine Loan Type and Price Point

Discuss Criteria, Ask Qu estions and Formulate a Search Plan

THE SEARCH

Use collaborative online search tools to source suitable properties.

Make an offer (may involve further negotiation)

View Homes

CONTRACT

POSSIBLE CONTINGENCIES

Specific terms such as price, closing date, earnest money, loan type, down payment, and requested contingencies.

Inspection, Financing, Title, HOA Review, Seller Disclosure, Sale of Residence

ROAD TO CLOSING

Appraisal

Finish Loan Application

Satisfy Contingencies

Underwriting

Closing and Possession

Additional Documentation

Final Loan Approval

Sign Documents

©2021 Station Cities

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Home Buyer’s Guide - Seattle