The following outline is based on purchasing real estate in Delaware. Meant to be a guide, you can use it to help you get an overview of the process. Pre-Approval The Buyer meets with a loan officer (can be done over the phone) to determine what kind of loan they'll qualify for, the maximum purchase price for which they can be approved, the closing costs, and how much money they'll personally need to bring to the table. The loan officer will present various types of financing and will help the Buyer determine which one is best for them. Once the (0 comments)