FIRST TIME HOME BUYERS

Choosing a Realtor®

Of all the decisions you'll face when buying a home, there's none more important than the person you choose to represent you.

My job is to support you in finding the right home with the best possible terms, and to help guide you through the entire process. Below are some general guidelines of the home buying process.

Financing

Most real estate professionals and mortgage lenders recommend pre-qualifying for a loan before selecting a home to purchase. This process will help you:

  • Determine the price range you can afford.
  • Understand the types of loans you qualify for.
  • Determine what your monthly payment will be.
  • Estimate the down payment and closing costs.

Finding the Right Home

There are many factors to consider in selecting a property, including location, number of bedrooms and bathrooms, schools, and amenities.

Based on your "must-have" lists, I will provide guidance on communities, research available properties, and show you homes that best meet your needs. If you find a property that interests you through the Internet or your own research, I can also arrange a showing of these properties as well.

As you view different properties, your criteria may change. Open and direct communication  is a key element of a successful property search!

Making an Offer

Once you have found the home that you wish to purchase, I will research recent sales in the area and help you structure an effective offer.

When an offer is made, the seller will have the option of accepting, rejecting or counter-offering. It will be my top priority to negotiate the best possible terms for you.

In addition, I will draft the purchase agreement, advice you of protective contingencies, customary practices, and local regulations. Home warranty, title and escrow arrangements will be detailed in the offer.

Escrow

When the purchase agreement is accepted and signed by all parties, I will open escrow for you and your earnest money will be deposited. The escrow is a neutral third party that will receive, hold, and distribute all funds associated with your transaction.

Prior to closing escrow, all of the contingencies of the Purchase Agreement must be met. 

Closing and Moving In!

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 your down payment and closing costs to escrow, and your lender will deposit the balance of the purchase price. The deed will then be recorded at the County Recorder's office and you will take ownership of your new home!

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