Maryland's Property Team

Step 8- Guide the Purchase to Closing

10 Step Guide to Home Buying

  • Our team will track and inform you of the progress of your transaction
  • Track completion of all contingencies
  • Property inspection remedies
  • Review the inspection reports with you
  • Items not in proper working order should generally be fixed
  • Seller must agree!
  • Not cosmetics
  • Suggest specialists if necessary
  • Work with the lender to complete financing contingencies
  • Mortgage underwriting
  • Appraisal of the home by an independent certified appraiser
  • Required inspections
  • Termite
  • Well
  • Septic
  • Lender required repairs
  • Loan commitment
  • Closing Disclosure
  • Required by law to be delivered to buyer at least 3 days prior to settlement
  • https://www.consumerfinance.gov/owning-a-home/closing-disclosure/
  • Timeline to review homeowner's association or condominium documents starts from receipt
  • 5 days for resale homeowners association
  • 7 days for resale condominium
  • What to do if during title review there are clouds on the title
  • Flaws in prior transfers
  • Liens
  • Encumbrances
  • Schedule settlement
  • Have utilities and services set to be transferred
  • Electric
  • BGE- 1-800-685-0123, https://www.bge.com/MyAccount/MyService/Pages/StartStopMove.aspx
  • Cable, internet and phone 
  • Verizon- http://fios.verizon.com/order-now.html, 877-392-6929
  • Comcast- https://www.xfinity.com/moving
  • Water filtration
  • Oil, gas and/or propane
  • Home security
  • Landscaping
  • Termite
  • Pool service
  • Change of address
  • DMV
  • Post office
  • Credit cards
  • Magazines
  • Amazon
  • Attend the final walk-through
  • Make sure the property is in the same condition as the date of contract acceptance
  • Receipts for any agreed upon work or repairs
  • Any help you may need, please let our team know!


Next: Step 9- Settlement