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In just 64 short days, Resident Match Day will be here for 2012!  For those Medical School Students that Match in Rochester, MN at the Mayo Clinic, the road map below can help guide you through the process of purchasing a home before you start Residency in late June 2012.  Please feel free to contact me whenever at (507) 202-0995 or bryan@olmstedproperties.com

Once we have confirmation of a Match, here is the road map that we will follow to get you more information and eventually into your new home in plenty of time before you start your new assignment here in Rochester at the end of June of 2012:

1. I will get you into contact with Lenders that have plenty of prior work experience with newly matching Mayo Residents and Fellows. Our goal will be to secure a pre-approval letter from the lender in a short period of time. The pre-approval letter is necessary to submit offers on properties of interest.
2. Next, we will online computer search the Rochester area and begin to compile a list of homes based on the dollar amount that you qualify for as well as the home amenities you are interested in. If you prefer to search the listings via your smart phone, click here for a free search app. Compiling your home list is easier with our optional registration feature that allows you to - save your search criteria and receive automatic emails notifying you of new listings that match your search. Also, mark listings as Favorites and be notified of any changes to these listings. As a bonus feature you can view more listing details than what is shown to unregistered users.
3. We will schedule a time for you to come to Rochester and visit the homes you have compiled during the online search phase of the process.
4. After touring several homes of interest, we will narrow the list down to one and write an offer and begin the negotiating process.
5. Upon acceptance of your offer, we will schedule a home inspection of the subject property. Inspection usually takes place within 5 days of offer acceptance. You do not need to be present for the inspection. The Inspector will send your report via mail or Internet and discuss results over the phone with you.
6. Upon satisfactory inspection, we will begin working with the Title Company/Real Estate Attorney's office on a Closing Date and Time. Usually, this takes place 2-4 weeks before the start of Residency.
7. On the date of closing, I will attend the closing with you and give you the keys to your new place at the conclusion! Time to start unpacking and enjoying your new home!!