Congratulations! Your offer on your dream home has been accepted. The excitement is palpable, but there are still a few essential steps before you can officially call the place yours. Let’s break down what comes next in this exciting journey towards ownership.
3% Earnest Money
As a gesture of good faith, you’ll need to provide 3% earnest money. Don’t worry, this money goes towards your down payment and demonstrates your commitment to the purchase.
Now’s the time to negotiate repairs based on your home inspection. Your realtor will guide you through this process, ensuring you’re comfortable with the condition of the property.
Final Loan Approval
Work closely with your lender to secure final loan approval. Your financial team will ensure all the necessary paperwork is in order to fund your purchase.
Say Goodbye to the Landlord
With the finish line in sight, it’s time to let your landlord know you’re moving on to new horizons. You’re almost there!
A crucial step to make sure the home is in the condition you agreed upon. This is your last chance to spot any issues before sealing the deal.
Wire Your Down Payment Balance
As the deal solidifies, you’ll need to wire the remaining balance of your down payment to the title company. Your financial institution can guide you through this process.
Sign the Dotted Line
It’s time for the grand finale! Sign the final loan and escrow paperwork, officially making the home yours.
In a nutshell, these steps pave the way to holding the keys to your new home. Remember, you’re not alone in this journey. Mareijke W, the experienced realtor and CPA behind Homes with M, is here to make sure every detail is taken care of.
The process might seem overwhelming, but with the right guidance, it can be smooth sailing. From offer acceptance to the final signature, each step brings you closer to that cherished “homeowner” title.
Ready to embark on your homebuying adventure? Reach out to Mareijke W at Homes with M. With expertise in real estate and finance, she’ll ensure you navigate the process with confidence and excitement.
Your dream home is just around the corner, and Homes with M is here to make it a reality. Let’s take the next step together!