Property-Buying Process Flowchart

  1. Initial Interview
      2. Needs and Wants
  2. Property Search
      3. View Properties
  3. Write Offer
      4. Negotiations
  4. Contract
      5. Read carefully
  5. Acceptance
      6. Earnest Money
      If cash offer, proceed to #8 (Title Company)
  6. Loan Pre-Qualification
      7. Credit Report
      Appraisal
      Verification
  7. Underwriting
      8. Rejection
      Loan Approval
  8. Title Company
      9. Title Search
      Assemble Papers
  9. Closing
      10. Have patience
  10. Possession
      11. Congratulations!
 

 
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