Buyer’s Checklist

Keep track of your progress in the process of buying a new home. Each of the steps below lists who is responsible for that step.

Pre-qualify for financing Realtor or Lender
Determination of needs/preferences Buyer
Property search Realtor, Buyer
Provide pre-qualifying letter Lender
Make purchase offer Realtor/Buyer
Draw contract Realtor
Sign & initial contract Buyer
Get receipt for earnest money from
   Title Company Option period (if applicable)
Realtor
Pay option fee to Seller Realtor
Arrange for utilities during inspection Seller
Schedule house inspection per contract Buyer
Schedule septic system inspection
    (if applicable)
Buyer/Realtor
Schedule termite inspection Buyer/Inspector
Complete home inspection Inspector
Make amendments from inspection
     if applicable
Realtor/Buyer
Accept property Realtor/Buyer
Make appointment for loan application Realtor/Buyer
Loan lock (interest rate locked in
     with Lender)
Lender/Buyer
Get good faith estimate of closing costs Lender
Get title commitment & review Title Company/Realtor
Loan approval Lender/Buyer
Complete survey Title Company/Realtor
Arrange for homeowner’s insurance policy Buyer
Set closing date & time Realtor
Order homeowner’s warranty Realtor
Initiate utility, phone, cable,
     internet service
Buyer
Make moving arrangements Buyer
Get closing amount from Title Company Realtor
Obtain certified funds* Buyer
Buyer walk-through Realtor/Buyer
Review settlement statement Realtor
Closing All parties
Forward keys, garage openers, etc. Realtor
Move in Buyer


*Certified Funds – On the day of closing the Title Company closing agent will need your funds in a certified check or a bank cashier’s check. Make the check payable to the Title Company. You should be notified of the exact dollar amount of the check necessary on day before closing. Also, please bring your driver’s license to closing, as the Title Company will require this to notarize your documents.


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Mid Town Realtors, Inc.

5412 Wesley St.
Greenville, TX 75402
Office: 903.455.5852
Metro:903.450.1234
Fax: 903.455.5855
info@midtownrealtors.com

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