Professional Property Management of the East Bay

Buyer's Time and Action Flow Chart

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

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Schedule Inspections
Receive Disclosures

Open "ESCROW"
Deposit Earnest Money

Search for Loan
Submit Loan Application(s)

Review Disclosures
Have Inspections

Title Search
Preliminary Title Report

Loan Processing Starts
Property Appraisal

Remove Inspection and Other Contingencies
Increase "ESCROW" Deposit Funds

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Arrange for Homeowners Insurance
Arrange for Movers

Loan Commitment
Remove Financial Contigencies

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Deposit Balance of Down Payment to "ESCROW"
Sign Closing and Loan Papers at Title Co.

Loan Funding
Record Title

CLOSE ESCROW - GET THE KEYS
WELCOME HOME!