Home Buying Process

The home buying process in real estate is complicated. Understanding the home buying process is the first step to buying a home or other type of real estate.

The Home Buying Process in Lake Norman Real Estate

Familiarize yourself with the home buying process. The buying chart should be considered as your road map to your Lake Norman lifestyle.

Get Your Finances
in Order
Your Credit Score Improve Your Credit What Your Lender
Will Need
Find a REALTOR®
you can trust
Why Use a Member of ILHM Why Use an Accredited Buyer Representative Why Use a Graduate of REALTOR® Institute
Complete your Mortgage Application Lender orders
Credit Report
Lender Verifies
Employment
Analyze Your Needs
& Price Range
in a Consultation
Bring
Pre-Approval Letter
Sign
Working with Agents
 Ways to Help Your REALTOR® Search Property
Online
Decide
Town or City to Live
Determine
Neighborhood
If your home is for sale,
have it under contract before touring homes
Have copies of your Contract available for your
Buyer’s Agent
Select Final Eight
Properties to Tour
Sign
Buyer Agency Agreement
Tour Properties – Thursday & Friday best days Out of Town Buyers Schedule 1 month out. *All Buyers should be present for tour In Town Buyers Schedule
2 weeks out. *All Buyers should be present for tour
Write an
Offer to Purchase
Earnest Money Deposit Review Seller’s
Residential Property Disclosure
Negotiate &
Counteroffer
Accept the Contract Schedule Termite &
Home Inspections
Remove
Contingencies
Lender orders
Appraisal
Rejection Secure
Underwriting
Conditions
Obtain Final
Loan Approval
Buyer Orders Survey Buyer Orders
Homeowners’ Insurance
Attorney does Title Exam Attorney Orders
Title Insurance
Attorney Delivers
Settlement Statement
to Buyer for review
Close on
the Property
Take possession
of your new property
Paperwork to Keep

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

*if not already Pre-Approved.

When buying property you might need to pay the following charges upfront so be prepared by having the funds in your account:

  • Earnest Money
  • Due Diligence Money
  • Inspection Fee
  • Appraisal
  • Credit Report

Living around Lake Norman

When deciding which area of Lake Norman you would like to buy property and live you’ll want to compare what CorneliusDavidson, Denver, Huntersville and Mooresville each have to offer; which town matches your lifestyle. Don’t forget to view Lake Norman links for more information about the entire Charlotte region. Real estate news offers charts of the latest home sales trends. This is just as important for home buyers as home sellers to know.

If you are planning on buying or selling a home in the Lake Norman area, search up-to-date, accurate MLS listings for Lake Norman real estate for sale, Cornelius NC real estate, Davidson NC real estate, Denver NC real estate, Huntersville NC real estate, Mooresville NC real estate and Lake Norman waterfront property. Be sure to keep up with the Lake Norman housing trends.

Thank you for visiting EstelleBrown.com. The real estate in Lake Norman offers something for every lifestyle. Learn more about Estelle Brown; her Lake Norman real estate business is based on matching homes with lifestyles; let’s find yours!