To us, providing exceptional service involves more than just making your real estate dreams come true. It requires taking the next logical step; helping you through the details after you officially own your home.
OVERVIEW
We love helping buyers find their dream home. That’s why we work with each client individually, taking the time to understand their unique lifestyles, needs and wishes. This is about more than a certain number of bedrooms or a particular zip code. This is about your life. And it’s important to us.
When you work with us, you get:
A knowledgeable and professional REALTOR®, A committed ally to negotiate on your behalf The backing of a trusted advisors & Team, LA VIP Agent The backing of a trusted brokerage, Keller Williams Realty
We have the systems in place to streamline the home-buying process for you. As part of our service, we will commit to helping you with your home search by:
Previewing homes in advance on your behalf Personally touring homes and neighborhoods with you Keeping you informed of new homes on the market Helping you preview homes on the web Advising you of other homes that have sold and for how much Working with you until we find the home of your dreams
THE STEPS
The Mortgage and Loan Process
Funding Your Home Purchase
1. Financial pre-qualification or pre-approval
Application and interview Buyer provides pertinent documentation, including verification of employment Credit report is requested Appraisal scheduled for current home owned, if any
2. Underwriting
Loan package is submitted to underwriter for approval
3. Loan Approval
Parties are notified of approval Loan documents are completed and sent to title
4. Title company
Title exam, insurance and title survey conducted Borrowers come in for final signatures
5. Funding
Lender reviews the loan package Funds are transferred by wire
Why pre-qualify?
We recommend our buyers get pre-qualified before beginning their home search. Knowing exactly how much you can comfortably spend on a home reduces the potential frustration of looking at homes beyond your means.
MAKING AN OFFER
Once you have found the property you want, we will write a purchase agreement. While much of the agreement is standard, there are a few areas that we can negotiate:
The Price
What you offer on a property depends on a number of factors, including its condition, length of time on the market, buyer activity, and the urgency of the seller. While some buyers want to make a low offer just to see if the seller accepts, this often isn’t a smart choice, because the seller may be insulted and decide not to negotiate at all.
The Move-in Date
If you can be flexible on the possession date, the seller will be more apt to choose your offer over others.
Additional Property
Often, the seller plans on leaving major appliances in the home; however, which items stay or go is often a matter of negotiation.
Typically, you will not be present at the offer presentation – we will present it to the listing agent and/or seller. The seller will then do one of the following:
• Accept the offer
• Reject the offer
• Counter the offer with changes
By far the most common is the counteroffer. In these cases, our experience and negotiating skills become powerful in representing your best interests.
When a counteroffer is presented, we will work together to review each specific area of it, making sure that we move forward with your goals in mind and ensuring that we negotiate the best possible price and terms on your behalf.
CLOSING
Prepare for It
Closing day marks the end of your home-buying process and the beginning of your new life! To make sure your closing goes smoothly, you should bring the following:
• A certified check for closing costs and down payment. Make the check payable to yourself; you will then endorse it to the title company at closing
• An insurance binder and paid receipt
• Photo IDs
• Social security numbers
• Addresses for the past 10 years
Own It
Transfer of title moves ownership of the property from the seller to you. The two events that make this happen are:
Delivery of the buyers funds This is the check or wire funds provided by your lender in the amount of the loan.
Delivery of the deed A deed is the document that transfers ownership of real estate. The deed names the seller and buyer, gives a legal description of the property, and contains the notarised signatures of the seller and witnesses.
At the end of closing, the deed will be taken and recorded at the county clerk’s office. It will be sent to you after processing.
