Blogs Tagged: appraisal

Getting a Loan - Step 2: Ordering the Documentation

Posted On: Wednesday, February 1, 2012 - 5:21am | Posted By: dianehourany
Topics: Buyers and Sellers

Yesterday we talked about the first step in getting a loan to finance your home purchase. After selecting a qualified, local mortgage adviser and providing him with your paperwork, he has issued a pre-approval letter for you to submit with the offer for your home. When your offer is accepted, things kick into high gear.


10 Steps to Successfully Buying a Home - Step 9: Remove Contingencies

Posted On: Monday, January 23, 2012 - 5:46am | Posted By: dianehourany
Topics: Buyers and Sellers

Your offer has been accepted for your dream home and you're in the escrow period, during which the lender processes your loan and you conduct your inspections of the house. Once the lender has approved your loan, the appraisal has come in at the price you paid, and the inspections have passed your test, it is time to remove the contingencies.

10 Steps to Successfully Buying a Home - Step 8: Open Escrow

Posted On: Friday, January 20, 2012 - 5:25am | Posted By: dianehourany

Yes! Your offer for your dream home has been accepted by the seller and now it's time to start the escrow process.

What Are Contingencies and What Do They Mean?

Posted On: Wednesday, May 4, 2011 - 5:40am | Posted By: dianehourany
Topics: Buyers and Sellers

You want to write an offer but want to know what your protections are, and if you have any 'outs' after your offer is accepted? That is what contingencies are all about.