Select a Realtor and establish a relationship
My team and I are full time, professional realtors with extensive market knowledge. We work closely together to find the right home for you.
Evaluate your needs and resources with your realtor
Once we establish your needs, We will provide guidance to financial institutiions and local mortgage lenders where you can obtain information in order to get the best financing available. A initial consultation and “Buyer’s Meeting” with my Team will come next to discuss your needs & analyze your resources.
Identify properties which you like and are interested in.
Either myself or one of the buyers agents from my team will show you homes based on the criteria that we establish during the Buyers Meeting. The more you tell us, the more successful we will be.
Determine the sellers Motivation
Once we have found the home you wish to purchase, My team and I will do the research needed to help you structure an effective offer.
Write an offer to purchase
We will draft the Purchase agreement for you, advising you in protective contingencies, customary practices and local regulations. At this time you will need to provide an “Earnest Money” or “Good Faith Deposit”, usually 3 percent of the purchase price. (THIS DEPOSIT WILL NOT BE PLACED INTO ESCROW UNTIL YOUR OFFER HAS BEEN ACCEPTED BY THE SELLER.)
Present the offer
Our team will present your offer to the seller and the seller’s agent. The seller has three options: (1) The can accept your offer, (2) Reject your offer, or, (3) Make a counter Offer. My personal knowledge of what you want and need and in addition to your qualification will enable me to negotiate on your behalf and represent you in the best way possible.
Evaluate The Sellers Response
We will go over the sellers response with you. My skills, knowledge and negotiating techniques will benefit you in reaching a final agreement.
When the Purchase Agreement is accepted and signed by all parties, a member of my team will open escrow for you.
This is the time allowed in your Purchase Agreement to obtain financing, perform property inspections, and satisfy any other contingencies to which your purchase is subject. Typical contingecnies include:
- Approval of the Sellers Transfer Disclosure Statement
- Approval of the Preliminary Title Report
- Loan Approval, including an appraisal of the property
- Physical Inspections of the Property
- Pest Inspection
Obtaining Homeowner’s Insurance
My team and I will coordinate between your insurance agent and the title officer to make sure a policy is in effect at the close of escrow. Insurance is not required to close escrow on an all cash transaction, However, it is highly recommended to obtain the appropriate insurance as soon as possible.
Down Payment Funds
You will either need a cashier’s check or wire transfer several days prior to the closing date of escrow.
Close of Escrow
When all of the conditions of the Purchase Agreement have been met, you will sign your loan documents and closing papers. You will deposit the balance of the purchase price. The Deed will be recorded in the county recorders office, and you will take ownership of your new home.
YOU GET YOUR KEYS TO YOUR NEW HOME!
- Call DMV, Credit Cards, family and friends of new address.
- Plan a house warming party!