After having a difficult time financially for quite some time, I realized that part of my problem was my personal housing costs. I really began evaluating what I wanted out of a home, and I realized that I needed to shop for a place that would work better for what I needed. I started paying more and more attention to real estate risks, and it occurred to me that I hadn't invested in a smart property. After talking with my real estate agent, I started focusing on changing my ways, and it was incredible to see how much brighter my future became.
When you real estate agent calls to tell you that the seller accepted your offer, you may want to go out and celebrate this event. After you do that, you will need to start working on the requirements you have in order to make this deal happen. Here are some tips to help you know what these will be at this point in the home-buying process.
Contact your mortgage company
The very first call you make at this point should be to your mortgage company, and this is the company that offered you the preapproval. Your lender will have a lot of work to do before you can seal the deal on the property, and the lender will need all the information about the house you are buying in order to get started. The lender will also give you a list of things you will need to do to make this deal go through.
Start working on the list of things the lender tells you
When you have your list of things to do, you should start immediately taking care of the issues. For example, you might have to provide the lender with documents they need to proceed with the loan. You might also have to contact inspectors in your area to set up appointments for the inspections you are choosing to get on the house. You will also have other things to do at this time, and you should keep in touch with your lender to make sure you know what these are and that you complete all of them in time.
Start planning your move
Next, it is very important to work on the plans for your move. To move, you will have to work on packing things up and figuring out how to move them. You will need to clean the house you are moving out of, too, and you will need to do other things, such as forwarding your mail and getting the utilities turned on.
Stay on top of things
To help this process run smoothly, you should aim to stay on top of things and not procrastinate during the process at all, as this could lead to delays in closing. If you follow these tips, you should have no problem closing on your loan within 30 to 45 days. If you have questions about finding a new single-family home in your ideal neighborhood, ask your real estate agent, as they will have the answers you need.