Buyer's Guide

Outlining Your Objectives

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?

Planning and Preparation

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

Understanding the Market

Analysis of active, pending and sold transactions
Review contracts and timelines
Personal timing and seasonal considerations
Market forces; supply v. demand, macro v. micro

Escrow Process

Notify escrow of acceptance and send fully executed contract
Wire initial deposit to escrow per terms of agreement
Notify lender to begin the loan and order appraisal
Sign and return opening package of escrow instructions
Contact insurance agent regarding homeowners coverage
Provide escrow with vesting (title) information

Inspections and Disclosures

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