Welcome to the Real Estate Buyers Guide!

Buying a home can be an exciting but also overwhelming experience. It’s important to have a clear understanding of what you’re looking for and what to expect during the buying process. In this day and age anyone can find a home. But not just anyone can get that home at THE BEST POSSIBLE PRICE with THE BEST POSSIBLE TERMS For YOU.

Step 1:

Initial Consultation

• Define Agency Relationship
• Determine your wants and needs
• Discuss financial qualifications
• Review blank contract

Loan Pre-Approval

• Obtain loan pre-approval letter from lender (Not a pre-qualification)

Home Shopping

• Set up email notification, Check out off market properties or exclusives
• Tour properties that you consider “ideal”
• Learn current market values
• Review Seller disclosures, prelim title report, natural hazard report, home inspections (physical and termite)

Find ideal home and make offer

• Review comparables (most recent sales of similar homes)
• Discuss appropriate strategies together
• Prepare money deposit (typically 3% of purchase price)
• Sign seller provided disclosures as acknowledgement of receipt
• Construct offer
• Write personal letter to seller (Optional but recommended)
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Step 2:

Present and Negotiate Offer

• Make offer at the best possible price and let me negotiate for you

Submit purchase information to Lender

• Submit contract, addendums, counters to lender
• Submit escrow and title information
• Confirm timeline with lender

Open Escrow (if not already open)

• Submit contract, addendums, counters
• Send buyers contract information
• Escrow officer will email & call buyer with wire instruction

Underwriting and Appraisal

• Underwriter reviews files, may ask for additional documentation
• Appraisal is ordered by lender and will contact listing agent within 1 to 4 days to schedule home visit

Home Insurance

• Select home insurance carrier and coverage
• Provide escrow info for submittance of proof of coverage
• Remove Contingencies (if any)

Step 3:

Sign Documents

• Loan documents will go to title
• Sign loan documents and closing costs settlements with Notary

Down payment and loan funding

• Your final funds for down payment and closing costs are wired to escrow 2 to 3 days before close
• Lender funds loan

Recording/Transfer of title and close of escrow

• Deed is recorded by the county recorder office
• Get your keys to YOUR new home!!!