Laying the foundation
What is your motivation to buy?
What price range are you considering?
What is your timeline to move?
What are your ideal features and "non-negotiables"?
What are you looking for in a neighborhood?
Discuss objectives and process.
Select a lender and begin loan approval process.
Obtain loan approval letter.
Sign exclusive buyer-broker agreement
Research neighborhoods of interest.
Analysis of active, pending and sold transactions.
Review contracts and timelines.
Personal timing and seasonal considerations.
Market forces; supply v. demand, macro v. micro.
Research and negotiation
Browse and review online listings.
Notification of new and off-market properties.
Attend open houses.
Select your ideal location and home.
Learn about the Purchase Contract.
Discuss multiple-offer strategies (as needed).
Offer presentation and highlighting buyer strengths.
Negotiate to optimize price and terms.
Acceptance of offers/counter-offers.
Notify escrow of acceptance and send a fully executed contract.
Wire initial deposit to escrow per terms of the agreement.
Notify the lender to begin the loan and order appraisal.
Sign and return the opening package of escrow instructions.
Contact insurance agent regarding homeowners coverage.
Provide escrow with vesting (title) information.
Schedule all desired home inspections, including termite report.
Review all disclosures and reports.
Approve or negotiate repairs based on the inspection reports.
Review and approve preliminary tile report
Meet deadlines and remove contractual contingencies.
Schedule final walk-through prior to close of escrow.
Review closing statement from escrow.
Meet with escrow to sign loan documents.
Arrange to wire the down payment and closing cost.
Transfer utilities to new location.
Closing, key delivery and celebration.
Staying in touch.
Second homes and investment properties.
Providing resources and introductions.
Referrals, testimonials and reviews.
TOP PRODUCING AGENTS
We offer friendly, down-to-earth solutions to common obstacles both current and future homeowners face when buying and selling property.
THINGS YOU SHOULD KNOW
In the extremely competitive Los Angeles real estate market it is crucial to work with a real estate professional who not only focuses on personalized service, has an in-depth knowledge of the current marketplace and has the experience needed to construct and negotiate contracts, but to work with a Realtor who truly understands their clients’ needs and objectives. Contact Victoria & Michael today.CONTACT US