The Home Purchase Timeline
This is how it usually goes...
Prequalify and Establish Price Range
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Home Shopping
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Make Offers and Complete Loan Application
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Final Negotiations and Secure Purchase Agreement
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Complete Documentation of Mortgage Application and Lock Interest Rate
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Provide Earnest Money and Order Building Inspection
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Negotiate Repairs if Necessary
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Loan Approved with Conditions - Provide Additional Documentation
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Appraisal Complete - Renegotiate Terms with Seller if Necessary
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Secure Homeowner's Insurance Policy
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Appraisal Contingency/Financing Contingency Expires
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Wire Cash Requirements to Closing Attorney
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Attend Closing
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