I recommend consulting a mortgage loan officer either before or while searching for a home. By reviewing your credit report, we can determine whether you’re eligible for a loan. This process results in a preapproval letter, which serves as proof of your intent to purchase a home. Feel free to contact me to obtain your preapproval letter.

When you find an appropriate home, the next step is to sign an agreement with your realtor. After that, the seller’s attorney will draft the contract and send it to your attorney for review.
Your attorney will carefully examine the contract to ensure everything is accurate and in order. Once the review is complete, you will send the earnest money to the seller’s attorney, and the contract will be finalized. This process is known as the Attorney Review.
Please note that if you violate or cancel the contract after this step, it could lead to complications. Therefore, make your decision with care and thorough consideration.

Three professionals are essential when buying a house: a real estate agent, a lawyer, and a loan officer.
A real estate agent helps you find your ideal property.
A lawyer assists with legal matters and paperwork.
A loan officer works with you to secure a mortgage loan.
If you’re planning to buy a home, I highly recommend contacting these three experts in advance. Typically, real estate agents work closely with trusted loan officers and attorneys, making it easier to navigate the process.
Once the contract is signed, the next crucial step is to inspect the house. Inspection is one of the key conditions, known as contingencies, under which the contract can be canceled with no penalty or only a small penalty.
During the inspection, you carefully examine the house for any defects. If issues are discovered, you negotiate with the seller to reach a final agreement.
However, the contract can typically be canceled without penalties if structural problems are identified and the seller refuses to address them.
On the other hand, canceling the contract due to minor issues may result in financial losses. Therefore, it’s important to approach this step thoughtfully.

When the contract is signed, the mortgage process begins simultaneously. During this time, you’ll need to submit various documents. Meanwhile, the lawyers will collaborate with a title company, whose role is to ensure there are no issues with the property, such as liens, legal disputes, or paperwork errors.
At the same time, the loan company will conduct an appraisal process of the house. Depending on the results, the loan terms—such as the interest rate—may change, or there could even be complications with loan approval.
If an issue arises and your loan is denied, this falls under one of the contingencies. In such a case, you can cancel the contract to purchase the home legally without facing significant penalties or losses.
However, keep in mind that canceling a contract can still lead to some complications.

The final step in the home-buying process is called closing. This term literally means completing the purchase of the house. As mentioned earlier, multiple checks and processes are conducted on the house, and all of these incur various costs. These expenses are collectively known as the closing costs, which refer to the amount of money you need to bring to finalize the purchase and sign the papers.
The closing costs typically include the remainder of your down payment, along with fees for various activities, property taxes, home insurance, and more.
At this stage, you will receive the house keys from the seller, officially making the home yours.
Generally, the timeline from signing the initial contract to closing is about two months.