Coldwell Banker® Buyer Services

Prepared by… Chuck Yeager, Associate Broker

What’s important to you?
Please share your thoughts with me.
Your 3 major criteria in selecting a real estate company:
1.
2.
3.
Your 3 major criteria in selecting a Sales Associate:
1.
2.
3.
What’s important to you?
Please share your thoughts with me.
Your 3 major buyer needs:
1.
2.
3.
Your 3 major concerns about buying a home:
1.
2.
3.
 The home you are looking for...
FEATURES (Specify your Preference) LOCATION
Preferred style (colonial, _____________
ranch, townhome, etc.) _____________ Convenient to work ____
Number of bedrooms _____________ Convenient to transportation ____
Number of bathrooms _____________
Family room _____________
Convenient to schools ____
Bonus/Game room _____________ Convenient to shopping ____
Fireplace _____________ Near recreation facilities ____
Home office _____________
Kitchen amenities _____________ Neighborhood ____
Basement _____________ Other ____
Garage (no. of cars) _____________
Central air conditioning _____________
Lot size _____________
Pool _____________
View _____________
Other _____________
The financing process
Financing your home is an involved process. I’ll help you through it.
1. Loan application is completed and submitted to
lender
2. Lender orders appraisal, credit report, verification
of your employment and assets
3. Lender provides a good faith estimate of closing
and related costs, plus initial Truth In Lending
disclosures
4. Lender evaluates application and support
documents, approves loan and issues letter of
commitment
5. Closing is held, loan documents are signed and
the loan is funded
6. Lender disburses funds to the settlement or
closing agent, seller is paid and title to the home
is yours
7. Required documents are recorded at the County
office of records
Applying for a mortgage...
is the first step after your purchase offer is accepted.

The lender may request copies of:

Current pay stubs
Bank statements
Credit card statements
Investment/brokerage firm statements
Loan statements
Tax returns, usually for two years

Your mortgage application can be

processed more easily if you are
prepared with these documents.
 Let’s estimate the expenses of buying a home
Property Address: ____________________
Sales Price: ____________________
Down Payment: ____________________
Amount Financed: ____________________
BUYER’S COSTS:

Loan Items:
Loan Origination Fees $________ Recording Fees:
Appraisal Fee $________ Recording Fees $________
Credit Report $________ Tax Stamps $________
Additional Loan Fees $________ Other fees $________

Prepaid Items: Additional Settlement Charges:

Interest $________ Survey $________
Hazard Insurance $________ Pest Inspection $________
Mortgage Insurance $________ Home Warranty $________
Taxes $________ Home Inspection Fee $________
Assessments $________ Assessments $________
Other Fees $________ Other Fees $________
Expenses continued . . .
Total Settlement Charges $_____________
Down Payment $_____________
Total Estimate of Buyer’s Costs:
$_____________
Amount Financed $_____________
Interest Rate _____________%
Term _____________
Estimated Monthly Payment:
Principal and Interest $_____________
Mortgage Insurance (PMI) (if any) $_____________
Taxes $_____________
Insurance $_____________
Homeowners Assoc. Fee (if any) $_____________

Total Monthly Payment $_____________

Note: This estimate has been prepared to assist the buyer in computing costs. Lenders and other related services
will vary in their charges; therefore, these figures are not and cannot be guaranteed by your local Coldwell
Banker® office, or by a Coldwell Banker Sales Associate.