Secure a good credit score. We recommended your credit score to be at least 650 or higher.
Get your finances in order by preparing for all of your real estate costs/fees, including a down payment, closing costs, an attorney, home appraisal, home inspections, rehab & development, contingencies, etc.
Hire TPG to serve as your exclusive real estate team (brokered by eXp Realty). During this step, we’ll setup an intro meeting with you to learn more about your real estate needs and goals, we’ll walk you through the process of purchasing a property, we’ll educate you on the entire business of real estate, and we’ll also answer any questions that you might have. We’ll also make recommendations and provide you with key resources to kick off your path purchase.
Shop for a mortgage and get pre-approved for a home loan. During this process, we are more than happy to recommend a loan broker your way to kick off this process. Please be sure to connect with us before finalizing your mortgage team / pre-approval.
Once you hire our team, we’ll give you direct access to all of the property listings in your search criteria for review. Once you’ve reviewed the property listings online (and have selected the ones that you like), we’ll then make arrangements for you to visit the property in person for a tour. When you find the right property, we’ll help you negotiate the offer with the seller, coordinate the contract for sale and deposit, submit for attorney review, and also prepare all of the necessary administrative steps needed for closing.
Once we submit an offer and it gets accepted, you will need to hire an attorney in order represent you, and also kick off the 3-day attorney review period. Please be sure to connect with us before finalizing your legal team.
Once you have concluded the attorney review period, your next step is to submit your escrow deposits in an interest bearing account held by your attorney’s office.
Hire a Home Inspector to go through the depths of your home.
Schedule and wait for the appraisal to learn your home’s value.
Get your home loan approved with your loan broker. Once approved, you will have the “clear to close”. Note: Title Search happens during this time.
Close on the property, and move in!