RSS Unknown Feed


Home Buying Process

Home buying is a methodical process that involves various steps that are displayed in the diagram below.


The pre-approval process involves approaching a lender. The items required for a pre-qualification are 30 days’ worth of pay stubs, W2 for last two years, Bank Statements covering two months, Two years of Tax Returns, and Copy of you Current ID.

Home Search

Home searches are conducted by inputting the buyer’s criteria of the homes they are interested, in the MLS. Results are then emailed to the client. Once the client identifies specific properties they are interested in, the broker will schedule home showings


This involves writing up a purchase offer and signing a real estate contract for the home the buyer wants to purchase. Earnest money is required if the offer is accepted and mutual acceptance is reached. There are contingencies in place to give a buyer a way to exit the contract if they need to. Some of the most common contingencies include: Inspection, disclosure review, appraisal, and final loan approval. Disclosure Review

Disclosure Review

This involves review of the preliminary title and seller disclosures.


This is an important step that allows the buyer to have the property inspected by a certified inspector before sealing the deal. The inspector will check the house from the foundation and inspect all major systems and components, and point out to the buyer any issues.


The lender orders for an appraisal by sending a third-party appraiser to confirm that the contract price is in line with the neighborhood comparable sales. The buyer pays for the appraisal.

The lender will have to approve the buyer’s credit & income history, as well as the preliminary title to ensure there are no liens and then Closing


Grace Waweru