In continuation of our Homebuyer Steps series, here are the last 3 steps to your new home ...
Escrow Process (Step 7 of 9)
Your REALTOR® will guide you through the process by ordering reports and explaining the documents. We are going to discuss how escrow opens and the documents that are needed to start an escrow.
Some important things we’re going to do during the escrow process are: order a home inspection and other reports, read and review those reports, order an appraisal and review it, sign disclosures, order a title report and review it, get home insurance, and cooperate with our lender to get final loan approval. If you do not understand everything right now, don’t worry. Your REALTOR® will be with you every step of the way
Closing Escrow (Step 8 of 9)
Congratulations! We are nearing the end of our home buying process. Once you know that your home purchase is going to close, there are things you will need to do and some things you should NOT do. We will discuss how to find services in your new neighborhood, and what NOT to buy before close of escrow. You have wrapped up the final details for the close of escrow, signed your loan documents, paid your final closing costs, and finally have received keys to your new home.
Your New Home (Step 9 of 9)
Congratulations! Now you have your new home and it is all yours. You can breathe a big sigh of relief that you have fulfilled your dream and now you will enjoy being a homeowner. There may have been some days when you were uncertain that you would reach your goal. You persevered and kept stepping forward.
This is a very exciting day, but there are a few more things we have to take care of first.
In this step we are going to talk about moving into your home, showing thanks to your vendors, how to take care of your new home, and, most importantly, financial management. This step has many little tips to help finish the process of home purchase and get you started on the right path of being a terrific homeowner.
It also details how to keep your lovely home, in good condition, and how to protect your assets for your future generations.
Read more in our book: http://tinyurl.com/dy2wjx4.
