Step by Step Guide
Acquiring real estate in the United States involves a detailed and multifaceted process. Nevertheless, with appropriate guidance and thorough preparation, this venture can be streamlined and prove to be a gratifying experience.
Step 1
Explore the neighborhood where you plan to reside or invest, taking into account local amenities, transportation access, future growth potential, and nearby educational institutions. Bold Wealth Management is available to help you discover properties that align with your financial plan and preferences.
Step 2: Pre-Contract & Deposit
Sign a reservation form. Pay the deposit, which is typically a percentage of the property’s purchase price, to secure the property and show your commitment to the purchase.
Step 3: Due Diligence
Conduct a final inspection of the property and review all relevant documents to ensure there are no issues that could affect the purchase.
Step 4: Final Contract Signing
Pay any closing costs and fees associated with the purchase, including title insurance, attorney fees, and recording fees. Sign all necessary documents, including the deed, mortgage documents, and any other legal paperwork required to transfer ownership of the property.
Step 5: Project Completion & Title Transfer
Once all documents are signed and payments are made, ownership of the property is transferred to you. Ensure that all necessary documents are recorded with the appropriate government office to officially transfer ownership of the property.
