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Buying a home involves several stages. Below is a list of the more common steps during a residential
transaction. Your situation may vary and it is best to contact your real estate professional for more information. Common Steps for Buying a Home
1) Initial Meeting: Select real estate agent, determine needs and wants, determine financial eligibility
2) Loan Qualification: discuss finances, obtain prequalification
3) Find a Home: select an affordable property that fits your needs
4) Discuss offer with agent: buyer reviews contract with agent, agent presents offer to selling side
5) Present and Negotiate Offer: Buyer prepares "earnest money" deposit (typically, 1 to 3% of purchase price)
6) Seller accepts offer (Seller can accept your offer, counter your offer, or reject your offer)
7) Open Escrow: deposit "earnest money" into escrow, escrow will order Preliminary Report,
8) Contingency Period: conduct physical inspection of property by a qualified inspector
9) Receive and Review Seller Provided Paperwork: approve seller's Transfer Disclosure Statement, approve Preliminary Report, approve HOA docs (if applicable), approve termite report (if applicable), approve zone disclosure report (if applicable)
10) Complete Loan Process: conduct property appraisal, obtain loan approval from lender
11) Sign Loan Documents
12) Close Escrow and Receive Keys This is a very condensed version of the actual events. When you find a home and after we negotiate the terms, we review all of these steps and details with you so that you understand the process. 
Cosmetic Improvements >Selling Your Kitchen
Most buyers rate an attractive kitchen very high on their priority list when they are looking for a new home. The layout of the kitchen, the amount of counter space and storage, and the age and overall condition of the appliances are all important to them. The kitchen area is basically viewed as the center of nourishment and an important place of family interaction.
Take a discriminating look at your kitchen and consider what you can do to make it a real asset. Repair any plumbing leaks or broken appliances. Scrub the room thoroughly, paying special attention to the range and oven. Clean the refrigerator and place a box of baking soda inside to absorb odors. Simple improvements can sometimes work wonders. Hang some colorful pot holders over the stove or install a new stainless steel or copper exhaust hood. Brighten the windows with new curtains and clear all clutter off the countertops.
You don't need a brand new, high-tech kitchen to impress buyers, but do whatever you can to make your kitchen look as efficient and well-maintained as possible.
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What acclaimed house built of stone, concrete, and glass is built over a waterfall?
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| A |
Fallingwater in Mill Run, PA, built by architect Frank Lloyd Wright, is one of the most-visited homes in the U.S.
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NUMBER1EXPERT®
© Homes Media Solutions™, a division of Dominion Enterprises and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
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- NUMBER1EXPERTS™ 
