1. GET A BUYERS AGENT TO REPRESENT YOU IN THE TRANSACTION:

Our Team of Real Estate Professionals are Full-Time Real Estate Agents with extensive local market knowledge, who will work closely with you to find you the Right Home. You give us your Specific Home Preferences and we input that into our Database and send you AUTOMATIC EMAIL ALERTS - then we take you to VIEW THE HOME, and if you like it WRITE-AN-OFFER.

Many prospective Homebuyers don't feel they need a Real Estate Agent in this Market, but it COST YOU NOTHING to hire a BUYERS AGENT. Would you rather be represented by the SELLERS AGENT on the Purchase of your New Home, who can disclose all of your communication to the Seller - it takes out the Negotiating Effort, and leaves you truly without property Representation - Hiring a BUYERS AGENT is like hiring a ATTORNEY to REPRESENT YOUR BEST INTEREST'S, and sometimes everybody needs objective Legal Representation.

2. GET OFFICIALLY PRE-APPROVED:

The next step is to get you PRE-APPROVED this is done by taking a LOAN APPLICATION on you which will include your Income, Assets and Credit these items will be evaluated with the expected Purchase Price of the home.

Getting the PRE-APPROVAL is vitally important because:

(a) You know you can afford to purchase the home you want and how much you will be paying monthly.
(b) Sellers don't take you seriously, unless they know that you are able to purchase.
(c) You have confidence in searching within your price range, because you know you can afford it.

3. GET A VALUE ESTIMATE:

Once we have Identified the property you want to purchase one of our agents will do a COMPARABLE ANALYSIS on the Properties Value and Features compared to other properties on the Market or that have recently sold.

This step is vital, because if the Sellers Agent has not priced the property according to it's current market value - the loan will not fund, and since it is the Buyers obligation to obtain and pay for the Appraisal and the Earnest Money Deposit in Escrow - you want to make sure that the property is worth it's value before paying for an Appraisal or putting a Earnest Money Deposit in Escrow.

This is why BUYERS AGENT REPRESENTATION is vitally important when purchasing a home.

4. FIND OUT THE SELLER'S MOTIVATION?

Determining the Sellers Motivation is vital - this is one thing that your definitely NOT going to get from the SELLERS AGENT, but they have a fiducary duty to be open and honest with the Buyer's Agent. It's Good Faith Communication also known as Broker to Broker Communication.

Depending on the Sellers Motivation the Buyers Agent can determine whether to Stay or Go, this way you don't waist time waiting for a home that is just testing the market for the Highest Price or waiting for an unreasonable offer to arise.

5. WRITE THE PURCHASE OFFER:

Our BUYERS AGENTS will WRITE YOUR OFFER with included CONTINGENCIES, this way you don't loose money on a PURCHASE OFFER. Buyers Contingencies protect you - the buyer.

Our Agent's / Broker's are thoroughly trained on Contract Law and the structure of how to write a 'Purchase Offer' in suttle ways that even many Sellers Agents don't reconize the Buyers protection in the offer.

Whenever their is an offer their is also a 'Earnest Money Deposit' also known as 'Consideration' for the terms of the Contract accepted. If the terms of the Contact are not right you have a great chance of loosing your Deposit. The normal 'Earnest Money Deposit' is generally about 1% of the Purchase Price of the Home.

6. PRESENTATION OF THE OFFER TO SELLER / AGENT:

We will present your 'Purchase Offer' and your 'Earnest Money Deposit' check to the Seller and/or The Sellers Agent. The Seller has three options, they can:

Accept your offer,

Counter your offer,

Reject your offer.

7. WAIT FOR THE SELLERS RESPONCE:

(a) If the Sellers 'Accept Your Offer' you have a home.
(b) If the Sellers 'Counters Your Offer' it will be on the Price or Terms.
(c) If the Sellers 'Rejects Your Offer' it may be for a variety of reasons.

They may have received a better offer and accepted that instead of yours,
They may not have liked any of the Price or Terms that were listed on your Purchase Offer, or
They may have had a total change of plans in Selling their property and want to take their property off of the market.

We will inform you of the Sellers and/or the Sellers Agent's response what ever it is and let you know what the next steps are in the process of acceptance of your 'Purchase Offer'.

8. OPEN ESCROW AFTER ACCEPTED OFFER:

When the 'Purchase Offer' is accepted, it will be signed by all parties, we will open escrow for you. At this time your "Earnest Money Deposit" will be deposited into a neutral Escrow Account and held their until the Close of Escrow. We handle all of the paperwork for you from start to finish with all the parties involved in the transaction.

9. DISCLOSE, INSPECT & PASS CONTINGENCIES:

This is a set limited time period that you will have to complete all purchase requirements. It includes, but is not limited to financing, inspections and/or any other contingencies that may be set in place by the Buyer or Seller. Contingencies are subject to the close of your home, if all required contingencies are not met your home will not close as planned.

Contingencies include clauses and requirements such as:

Approval of the Seller's TDS,

Approval of the Preliminary Report (Prelim),

Appraisals and Loan Approvals (if required),

Inspection and certifications.

10. VERIFY LOAN APPROVAL WITH LENDER / AGENT:

The Loan verification process is vitally important, we want to make sure that all loan contingencies are completed with in the time period allotted by law. We work closely with the Agent and Lender to verify the process is smooth.

11. VERIFY DOWN PAYMENT & FUNDS TO CLOSE:

Down payment funds, must be liquid funds either in a money order or cashier's check, these funds must be prepared and ready to give before the Close of Escrow. The type of loan you get will determine how much you will need for your down payment.

12. CLOSE ESCROW:

After all the conditions and contingencies have been met, you will be ready to close. You will meet with your Escrow Officer and sign all of your loan documentation's and closing papers. At that time the close will occur and the new deed will be recorded and you will take ownership of your new home.

For More on how we do the 12 Step Purchase System for our Buyers complete the following!