Buying Process - Buying Flow Chart

Buying Homes for Sale Flow Chart- Coldwell Banker Gosslee


1. Buyer considers purchasing a home
2. Buyer interviews and selects an agent
3. Discussion of the Buying Process

4. Discuss financial aspects and Buyer needs

5. Apply for mortgage pre-approval

6. Schedule and Tour homes

7. Select home and write offer to purchase

8. Contract Negotiation

9. Offer acceptance and Earnest Money Deposited

10. Arrange for home and termite inspections ($300-$500)

11. Accept inspection results or request for repair remedy

12. Seller may accept or reject

13. Mortgage appraisal and mortgage approval ($400-$550)

14. Final Walk through 

15. 24 Hours to Closing, review settlement statement

16. Closing ~ Welcome to Home Ownership!

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