Transaction Process Flowchart

	Buyer

Initial Consultation; Financial Qualifications Commitment to Agent

	Market Education / Viewing Property

Select a Home to Buy / Write the Offer

	Offer Presented to Seller

	Negotiation of Terms

	Ratified Sales Contract

Schedule Inspections Receive Disclosures	Open "Escrow" Deposit Earnest Money	Search For Loan Submit Loan Application

Review Disclosures Have Inspections	Title Search Preliminary Report	Loan Processing Starts Property Appraisal

	Remove Inspection and Other Contingencies Increase "Escrow" Deposit Funds	Loan Commitment Remove Financial Contingencies

	Arrange for Homeowner's Insurance and Movers

Deposit Balance of Down Payment to "Escrow" Sign Closing and Loan Payments

	Loan Funding Record Title

Close Escrow, Get Keys, Welcome to your new home!

Not all transactions follow this process exactly.
Consult your Real Estate Professional.

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