U.S. purchase of residential (cash and loans) knowledge / pr---Usnook---The first portal of US info

U.S. purchase of residential (cash and loans) knowledge / pr

USINFO | 2013-11-01 14:39

1. A preliminary preparations

2. Audit loan terms (such as cash purchase can ignore this)

3. Look for listings

4. find suitable housing

 pick out favorite houses, appointment showings, such as your favorite, brokers help valuation, the buyer decided to bid amount;
 brokers and helps explain the purchase contract to complete and improve the terms of the content;
 issued a contract book, enclose a check deposit (usually deposit the bid amount is about 2-3%);
 seller on the matter could not agree to give back to the book price, the buyer can choose to accept or return price;

5. purchase contract was agreed to accept

 The two sides reached an agreement, notarized by a third party company that is traded on transfer procedures;
 deposit sent notarized company;
 transfer signing official documents and various reports on housing.

6. applying for the loan (such as cash purchase can ignore this)

 loan companies required to submit the relevant documents or information, there are generally down payment proof work proves, tax records.

7. "Home Inspection protection" Completion

 room inspection period, the whole house by a professional inspector verification of the situation, the broker to help repair the proposed deletion request;
 purchaser reviewed and signed off as "sellers of housing conditions," and "housing surrounding environment" and other reports;
 ready to fire insurance quotes.

8. "Loan protection period" to complete matters (such as cash purchase can ignore this)

 lending bank sent appraisers determine the value of the house;
 complete information on the requirements of the lending banks, should be protected in the purchase contract term loans granted loans;
 approved loan, the company agreed time with the notary to sign the loan documents;

9 Complete the transfer of property rights and the legalization

 sign loan documents, the amount of money ready to head the commission and trading, before the end of the transfer, cashier order or cash remittances to the notary company;
 bank lending;
 title company is responsible for the transfer of property rights, and in the county to complete the registration login chamber;
 All fees paid by a notary.

10 to obtain the key to complete transfer

 time specified in the purchase agreement to hand over the keys to get the seller is to pay housing completed;
 first contact a good water, electricity, gas and other utility units, informing continue to use their services;

11 real estate license

 usually receive at the end of last ledger, enclosing a copy of real estate license, after about 3-6 months, received an original real estate license.