LIFamilies.com - Long Island, NY


RSS
Articles Business Directory Blog Real Estate Community Forum Shop My Family Contests

Log In Chat Index Search Rules Lingo Create Account

Quick navigation:   

Next steps for home buying process?? please help...

Posted By Message

andreat
LIF Infant

Member since 10/06

155 total posts

Name:

Next steps for home buying process?? please help...

I am so confused and overwhelmed!!!

So these are the steps I understand so far...

Buyer offers on house.

Seller accepts offer.

Buyer schedules inspection for the property.

Buyer relays attorney information to Seller/Seller's Agent.

Seller's Attorney forwards Buyer's Attorney a copy of the contract.

Now what....?

When does the buyer review the contract? Does the buyer and seller meet together with their attorneys to sign contract? Do I pay with personal check or cashier check at this meeting? Please help!!!

Posted 10/9/08 9:56 PM
 
Long Island Weddings
Long Island's Largest Bridal Resource
  |   Prudential Douglas Elliman Real Estate

Deeluvsvinny
DONE

Member since 10/08

4952 total posts

Name:
Whatever

Re: Next steps for home buying process?? please help...

Ok, once your attorney gets the contract, he/she should call you in to go over it. At that point, you should have your downpayment check ready. It can be a personal check. You won't meet with the sellers. At this point, you should not communicate with the sellers..all communication should go through attorneys or R.E. agents. Buyer's & Seller's attorney may go back a forth a few times to iron out details int he contract. The signed contract & Deposit will then be sent to the seller's attorney and sellers will sign it. You'll get one original signed copy. At this point, your attorney will order a title report and you should be working on your financing.

HTH!
Any other questions?

Posted 10/9/08 10:06 PM
 
 

Potentially Related Topics:

Topic Posted By Started Replies Forum
another take home oufit question...sorry... just wanted opinions 2BEANS 10/9/08 6 Pregnancy
Could someone run through the steps of buying a home with me.... TaraHutch 10/31/07 9 Home
What was your biggest aggravation in the home buying process? beautyq115 11/28/07 13 Home
Well if anything this home buying process was good for ... beautyq115 10/18/07 9 Home
This home buying process sure is stressful... beautyq115 10/14/07 11 Home
About how long does the home buying process take? SweetTooth 9/25/06 14 Home
 
Quick navigation:   
Currently 233172 users on the LIFamilies.com Chat
New Businesses
1 More Rep
Carleton Hall of East Islip
J&A Building Services
LaraMae Health Coaching
Sonic Wellness
Julbaby Photography LLC
Ideal Uniforms
Teresa Geraghty Photography
Camelot Dream Homes
Long Island Wedding Boutique
MB Febus- Rodan & Fields
Camp Harbor
Market America-Shop.com
ACM Basement Waterproofing
Travel Tom

      Follow LIWeddings on Facebook

      Follow LIFamilies on Twitter
Long Island Bridal Shows