If you plan to finance your home purchase, it’s important to start the mortgage loan process before buying a home; even prior to the bidding process.  Once you’ve chosen a loan and lender, it’s important to get pre-approved and obtain a pre-approval letter. 

Residence86 requires a Pre-Approval letter before we begin looking for your homes. 


How Strong is My Mortgage Pre-Approval? | Moreira Team Mortgage


What to expect when you work with us

Initial Meeting

  • Discuss finances
  • Obtain Pre-Approval Letter
  • Q&A 

Find a Home

  • Select a property
  • We will research homes that specifically meet your criteria and provide access for you to preview homes. 
  • We will do a market analysis before making an offer
  • The Buyer reviews contract before we start the negotiation. 

Writing Contract Offer

  • We will assist you with negotiations, and guide you through the process once your offer is accepted.

Once offer is accepted

  • The Buyers will deposit "earnest money" into escrow with the Title and deposit "option money" to the Seller. 
  • Escrow will order Preliminary Report

Contingency Period

  • Inspection of property by a qualified inspector
  • Approve seller's Transfer Disclosure Statement
  • Negotiate on repairs, if applicable
  • Approve Preliminary Report
  • Order property appraisal
  • Obtain loan approval from lender
  • Obtain Homeowners Insurance and Home Warranty

Down Payment

  • Need cashier's check or money transfer prior to closing date to bring to Closing

Closing the Escrow - Closing Day

  • Prior to Closing, we will review the Final Closing Disclosure with the Buyers
  • Set Date and Time with the Title 
  • Please bring your driver license to Closing
  • Funded 
  • Get your keys