How do you recommend I go about the buying process?

That is a great question, please review our online tutorial “How to buy a home” or review the steps outlined below.

Home Buying One Step at a Time

1. Select an agent and establish a relationship.
   I am a full - time, professional agent with extensive market knowledge. We will work closely together to find
   the right home for you.
   
   
2. Meet with your agent for an initial consultation to evaluate your needs and resources.
   Once I establish your needs, I will provide guidance to financial institutions where you can obtain information in order to get the best financing available. We will meet to discuss your needs and analyze your resources.
   
   
3. Identify property to buy.
   I will show you homes based upon the criteria that we establish. The more precise and direct you are with me, the more successful your search will be.
   
   
4. Determine the sellers motivation.
   Once you have found the home that you wish to purchase, I will do the necessary research to help you structure
   an effective offer.
   
   
5. Write offer to purchase.
   I will draft the purchase agreement for you, advising you on protective contingencies, customary practices, and local regulations. At this time you will need to provide an “earnest money” deposit, usually from 1 to 3%
   of the purchase price. The deposit is not cashed until your offer has been accepted by the seller.
   
   
6. Present the offer.
   I will present your offer to the seller and the seller’s agent. The seller has three options: They can accept your offer, counter your offer, or reject your offer. My personal knowledge of your needs and qualifications will enable me to represent you in the best way possible.
   
   
7. Review the seller’s response.
   I will review the seller’s response with you. My negotiating skills and knowledge will benefit you in reaching a final agreement.
   
   
8. Open escrow.
   When the purchase agreement is accepted and signed by all parties, I will open an escrow account for you. At this time your earnest money will be deposited. The escrow will receive, hold, and disburse all funds associated with your transaction.
   
   
9. Handle contingencies.
   This is the time allowed per your purchase agreement to obtain financing, perform inspections, and satisfy any other contingencies to which your purchase is subject. Typical contingencies include the following:
   
   • Approval of the seller’s Transfer Disclosure Statement
   • Approval of the preliminary title report from the title company
   • Loan approval, including an appraisal of the property
   • Physical inspection of the property
   • Pest inspection and certification
   
   
10. Coordinate homeowner’s insurance.
    Your insurance agent and the escrow officer will make sure your policy is in effect at close of escrow.
    
    
11. Acquire down payment funds.
    You will need a cashier’s check or money transfer several days prior to the closing date of escrow.
    
    
12. Close 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 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 until you will take ownership of your home.
    

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