Before You Start
- Review and understand your credit report
- Pay down outstanding debts to improve your debt-to-income ratio
- Save for down payment (typically 10–20% for luxury properties)
- Budget for closing costs (2–5% of purchase price)
- Research neighborhoods and lifestyle priorities
- Create your must-have and nice-to-have list
Financing
- Contact Mimi for trusted lender referrals
- Gather financial documents (tax returns, pay stubs, bank statements)
- Complete mortgage pre-approval application — or, if you are a cash buyer, prepare a current Proof of Funds (POF) letter from your bank or financial institution. Cash offers are strong, but sellers will require documentation before accepting
- Receive and review pre-approval letter
The Search
- Meet with Mimi for initial consultation
- Review curated property list from Mimi
- Schedule and attend property showings
- Research HOA fees and rules for community properties
- Drive neighborhoods at different times of day
Making an Offer
- Review comparable sales with Mimi
- Determine offer price and contingencies
- Submit offer with earnest money deposit
- Negotiate terms and reach mutual acceptance
Under Contract
- Schedule home inspection within inspection period
- Review inspection report with Mimi
- Request repairs or credits if needed
- Order appraisal through lender
- Review title report and clear any issues
- Finalize homeowner's insurance policy
- Receive and review Closing Disclosure
Closing Day
- Conduct final walkthrough of the property
- Wire closing funds or bring certified check
- Bring valid photo ID to closing
- Review and sign all closing documents
- Receive keys to your new home!