Buying process

pre-Search

• Initial consultation with your Mitchell Realty agent to discuss your buying needs and contract
• Agent creates your custom automated search using the (MLS) Multiple Listing Service
• Research & learn all you can about the neighborhood you would like to live in
• Become pre-approved with a mortgage lender, as this will make you a more attractive buyer when making an offer
  
  

Property Search

• Communicate interest in properties found online to agent
• Agent schedules and accompanies you on showings
• Make an offer by submitting your contract through your Mitchell Realty agent to the seller for review
• Negotiations on terms and price

Contingency Period

• Finalize an official contract through your Mitchell Realty agent
  
• Submit earnest money as required
• Inspection findings may reopen negotiations, etc.
• Financing contingencies are also pending including appraisal and lender document requests
• Secure mortgage commitment (clear to close)

Closing

• Buyer will provide necessary funds for closing per lender amount provided
  
• Make preliminary moving plans with regard to utilities, insurance policies, etc.
  
• Final inspection/walkthrough and closing
  
• MOVE IN!
  

HOW MUCH WILL BUYING A HOME COST?

The amount of cash you’ll need to have available to complete your home purchase depends on several factors including the purchase price and loan type you’ve acquired. Try out our mortgage calculator to gain some insight.