• One who has ample knowledge about the areas you are interested in investing

• One who understands the complicated local and state regulations regarding your home buying transaction

• One who is adept in multiparty, face-to-face negotiations

• One who is highly trained with access to continued learning programs and additional certifications

• One who has expertise in using technology that will affect your search

Getting pre-qualified for your home loan leads to a lot of advantages:

• Determining your price range

• Knowing the types of loans you qualify for and what's available

• Estimating your down payment and closing costs

• Knowing your monthly payment amount

After you select a mortgage lender with the help of your sales associate from Housed By Tiffany +Co, we will guide you through the following steps:

• Application: Fees and documents will be discussed after obtaining the necessary documentation. This will include a Good Faith Estimate (GFE) and a Truth-in-Lending statement (TIL) that itemize the rates and associated costs for your loan. You will need to provide certain documents to speed up your loan processing.

• Loan Submission: Post completion of the necessary documentation, your completed file is submitted to a lender for approval.

• Loan Approval (Underwriting): This process takes between 24 and 72 hours wherein all parties are notified of the approval and any loan conditions that must be received before the loan can close.

• Closing: After signing the requisite documents, they are sent to the lender. If all the forms have been properly executed, the lender sends the loan funds by wire transfer. At this point, the loan process becomes complete and the borrower actually buys the house.

Once you decide all the necessary criteria for your new property, our sales associate will help you shortlist properties based on those criteria.

• Location

• Amenities

• Bedroom count

• Bathroom count

• School district

Our sales associate has an understanding of the area and will be able to find options for you to view based on your expectations and requirements.

You might also browse the internet and find a property that you might like to see. Do keep us in the loop so we can schedule a showing for you.

It is also possible that your criteria may change along the way. However, if you let us know what you're thinking, we can help you revise your search and get options to see that will meet your needs.

Once the property of interest has ben decided, we will apply our multiparty and negotiation skills to decide on an offer that suits you. It is likely that the seller might accept your offer, or reject it, or end up with a counteroffer.

It is during this stage that our sales sales associate will continue to negotiate the best possible terms in your favor.

When the terms of the agreement have been settled, we will draft the purchase agreement, advise you of protective contingencies, customary practices, and local regulations that may affect your purchase. This will also include home warranty, title, and escrow arrangements.

Even though we will provide the best possible deal, you will still have the last word, and can have the final decision regarding the exact price and terms you wish to offer.

Post acceptance of the purchase agreement, we will open the escrow for you and deposit your earnest money. Escrow is the third party that receives, holds, and distributes funds in a property transaction.

We will also ensure all the following contingencies are met:

• Approval of the Seller's Property Disclosure Statement

• Approval of the preliminary title report

• Property appraisal and loan approval

• Property inspections

• Pest inspections and certifications

• Acquisition of homeowner's insurance

Closing is completed only after all the following purchase agreement conditions have been met:

• Signing your loan documents and closing papers

• Depositing the balance of your down payment and closing costs in escrow

• Depositing the balance of the purchase price by your lender

• Recording of the deed at the County Recorder's office

• Assuming ownership of your new home!

In a nutshell, the above information is about your property buying process. However, if you have any further questions, call Housed By Tiffany +Co today.