1. Check your credit and get pre-qualified

  • Meet with your bank and discuss options
  • Get additional references and call Texas Premier Lending
  • Obtain a pre-approval letter

2. Make a wish list within your budget

  • Identify neighborhoods for qualities that are important to you
  • Identify your ideal length of time in this home

3. Contact Sam to start viewing properties in your target neighborhoods

  • Always have a price range in mind that meets your budget
  • Sam will guide you through the current market conditions and help you set expectations

4. Prepare an offer with Sam’s expertise and guidance

  • Sam will provide comparative market analysis that will help you make an informed decision
  • An offer is not a contract, and Sam will continue to negotiate on your behalf until all parties agree and sign all documents
  • Once agreed upon, all documents and monies will go to the title company.

5. Make loan application

  • Review a copy of your contract with your loan officer and apply for the loan

6. Inspect the property

  • Select an inspection company and arrange for a property inspection.
  • You may also need a pool inspection, foundation inspection, or wood destroying insect inspection. Each property is unique and may require additional experts’ opinions.
  • You will have the time specified in your contract for the option period to arrange for these inspections.

7. Appraisal and survey of the property

  • The lender and title company will arrange for the property appraisal and survey, and you will be provided a copy.
  • This is a good time to arrange for your homeowner’s insurance policy which will be required at closing.

8. Schedule Closing and arrange final funding

  • You will do a final walk through with Sam before closing on your home.
  • You will receive a copy of the closing statement to review before the closing date.
  • You will need to bring a cashier’s check for all monies owed at closing – the amount will be specified on the closing statement
  • Arrange to transfer/turn-on your utilities (Water, Gas, Electric, Cable)
  • Check with your insurance agent to secure Homeowner’s Insurance

9. Close and Move in!

  • Documents are sent to the loan company for approval and funds are disbursed.
  • Legal documents will be recorded in the office of the county clerk and mailed to you
  • Title company will prepare and issue the title policy, sending a copy to you and your mortgagor.

10. Maintain your new home

  • You have made a major investment and maintaining your investment so that it appreciates in value is an important part of homeownership.