The Home Buying Process

Check Your Credit Report & Score.

Start the home buying process by checking your credit report and credit score at www.annualcreditreport.com 

Calculate How Much You Can Afford.

Use an online loan calculator to determine your monthly mortgage payment.

Determine Your Home Purchasing Power.

Consult with a loan professional who can explain all of your loan options. They can provide a pre-approval letter showing the mortgage you qualify for.  

The pre-approval letter allows us to show you homes in your pre-approved price range and proves that you are a serious buyer. 

A pre-approval letter will make an offer more appealing to the seller, especially in a competitive housing market. 

Home Search.

The Cloud Team will merge your wish list with your purchasing power to find your dream home.

Make an Offer

Once a home is selected, the Cloud Team will provide a list of comparable sales to determine a fair price for the property.

We will present your offer to the seller’s agent and negotiate on your behalf.

We will write a contract that protects your interests by including contingencies such as obtaining financing, appraisals, and home inspections.

You will make an earnest payment or a deposit of “good faith” that is placed in an escrow account to show the seller that you are serious buyer.  The payment is credited to the buyer's down payment or closing costs at closing. 

Apply for Your Mortgage

Meet with your mortgage banker to finalize your mortgage application and discuss all costs involved with the closing.

The Closing Process

Communication is important to a smooth closing process.  

The Cloud Team will inform you at each step to reassure you that inspections and contingencies are completed.  

We will meet you at the final walkthrough and accompany you to the closing to represent your interests and answer all of your questions.

Time to Move In and Enjoy Your New Home!