BUYERS
If you made it here you are thinking about a home purchase. Congratulations! Buying a home is exciting but it can be intimidating and stressful as well. You are likely allocating a significant amount of money toward your future home. Making sure that you end up in a home that is right for you is my goal.
As I’ve said, I treat every transaction like my own. That means every i is dotted and t is crossed. I’ll walk you through every step of the process and make sure you are confident and comfortable before we move forward. I’ve put a lot of the information here on the website so you can get a sense of the steps involved. Just click on the tabs to the left.
FIRST STEPS:
Make sure you are pre-qualified or pre-approved with a Mortgage Broker/Lender. In order to submit a competitive offer, a letter showing your approved standing with a lender is essential. If you need a recommendation, please reach out.
To have a stronger level of comfort in this process you should understand your financial situation. Be clear on how much you are comfortable spending, how your loan will look and what your monthly mortgage payments, taxes and insurance will look like after you buy the house you want.
We’ll meet, talk, plan and dream. Helping you to focus your search parameters and identify what is the right type of property for you will help me find you that house. We identify the things you are really looking for and your price points, your ideal neighborhoods, must have’s and deal breakers. Then I start sending you properties that match your needs.
I encourage you to send me properties you love as well. It can work both ways. I love an engaged buyer. There are so many websites that help buyers find homes they want to see. Redfin, Zillow, and Trulia are just a few. If you find something you love, send me the address or link and I will dig into it and connect with the agent. Agents can quickly find out more about a property than what is written on a public listing. And, of course, we can set up a showing.
It’s good to hang out in the neighborhoods you are thinking of moving into and go to open houses. Get your feet wet. When you fall in love with a house or find the one that fits your needs, the more comparison research you’ve done the more confident you’ll feel.
Make an offer.
Be prepared to include a Proof of Funds with your offer. The seller wants to see you have the actual funds in an account in your name. Any legwork to transfer or receive those funds needs to be done before you are putting offers in on homes. The buying climate in Los Angeles is competitive. If you cannot show you have the money at your fingertips you risk losing the deal.
THE OFFER:
Because you’ve done your homework with the lender, you know how much you can afford, and have a clear sense of how much you want to spend. We will determine our offer price and terms based on the property. You may want to write a personalized letter, showing the seller who you are and how you feel about the home. They do help.
Los Angeles is still a competitive environment for buyers. I will work hard to get your offer accepted. If it’s not, I’ll work just as hard to find you the next one.