Steps to Buying a Home

Steps to Buying a Home


Steps to Buying a Home

Listed is simplified steps to the buying process. We want to make this exciting time easy and fun for you.

1. Fill out the Ah Chong Realty, LLC Buyer Intake Form http://ahchongrealtyllc.com/buyer-intake-form-3/
2. An agent will review your responses and set up a consultation with Buyer(s)
3. If purchasing home through financing, Buyer(s) are strongly recommended to get pre-qualified for a loan
4. Buyer(s) consultation with Realtor
5. Realtor will provide an initial list of potential homes in Buyer(s) criteria
6. Buyer(s) signs Buyer Representation Agreement Form
7. Buyer(s) chooses/sends a list of homes he/she would like to be shown
8. Realtor sets up appointment for showings of homes
9. Showings of homes
10. If home is selected to purchase, Purchase Contract and necessary Addenda will be prepared for offer of home to Seller(s) and Seller(s) agent
*If no home is selected, research & showing process will continue until Buyer(s) find a home or Realtor representation expires
11. Purchase Contract will either be declined, counter offer prepared or accepted
                a) Declined
                                i. Purchase Contract is Void
                Or
                                ii. Buyer(s) can elect to change conditions within Purchase Contract and submit a new offer
                b) Counter Offer
                                i. Change term and conditions within Counter Offer and re-counter
                Or
                                ii. Accept the Counter Offer and Seller(s) terms and conditions
                c) Acceptance
                                i. Enter into Contract with Seller(s)
12. Open Escrow
13. Realtors will provide Escrow timeline for Escrow process
14. Inspection, appraisal and loan contingencies to be completed
15. Buyer(s) signs closing documents, provides funds
16. Recordation

Congratulations on purchasing your new home!