Buyer’s Journey

Want/Need/Must Have

Purchasing a home can be a smart financial decision. Match up your wish-list, your must-haves and your budget, align that to the community you desire and take those first steps on the path to home ownership! You can use this handy budget calculator, here

It’s important to be pre-qualified before you take the next step.

Make it Personal

Your new home should reflect your tastes and with our great selection of standard and upgrade options you’ll have lots from which to choose. These selections may impact your purchase price so are taken into consideration for the appraisal that the mortgage company will need to complete your loan. For cash buyers this is a necessary step to finalize the purchase price for closing on your new home.

Our Design Center professionals will work with you in color and material selections for your convenience.  Decisions you’ll be making at the Design Center include:

• Designer Packages, including options and extras
• Flooring selections
• Appliances
• Cabinets and hardware
• Countertops
• Window coverings
• Closet systems

“The Build”

Your sales associate will outline the construction process.  Expectations for your new home’s construction schedule can be affected by a variety of factors, including weather, city permit and approvals, financing approvals and the availability of labor and materials. Our goal is to complete the buildings and units within the earliest timeframe possible.  An estimated completion date will not be established until approximately 30 days before close of escrow for your new home.

Do’s and Don’ts

In the timeframe between signing a purchase agreement and waiting for close of escrow your financial stability is relevant to the success of closing on your loan. Here are a few things to avoid doing:

• Changing jobs (unless you’re getting a raise)
• Moving money around
• Committing to other large purchases, especially if you’re financing them, it can impact your debt-to-income ratios and drop your credit score.

You will want to complete these items:

• Get your financial paperwork in order. Anything you claim on your application will be verified and must be documented.  You’ll need recent pay stubs, checking, bank and brokerage account statements, possibly tax returns and more.
• Obtain a notarized gift letter if your down payment is a gift from family or others (if necessary).

Progress Review

That moment you’ve been waiting for arrives, marked by a letter from your Closing Coordinator. This Move-In Information Letter should arrive approximately 30 days prior to Close of Escrow so that you can “block out” the day and time of your new home Orientation Walk-Thru and the closing of your home.

Closing

They say when one door closes another door opens and this is very true when you close on your new home! Our Closing Coordinator will provide you with an explanation of the closing procedure as well as provide you with guidance on the steps needed to set up service with your utility providers.

The title company will require proof of insurance.  Your Closing Coordinator will guide you on the type of policy you’ll need covering not only your new home, but your possessions and the possession of those who will be living with you.

A walk-through will be scheduled a few days prior to the Close of Escrow.  This is going to be a busy week.  You’ll want the utilities turned on so you and the on-site Superintendent will review that everything is in working order and any adjustments identified will be noted on a Punch.

Now you can schedule that appointment with the title company for the final signing of your closing documents.  Your closing funds must be available at this time.

Make Your Move!

If you’re taking out a mortgage then your lender will need to record the Warranty Deed with the County Recorder’s office shortly after the closing documents are signed. Keys will be available for pick-up at the Sales Office once the Warranty Deed has been recorded.  Congratulations and Welcome Home!