Welcome to the Contra Costa County CA Real Estate Guide to Buying a Home!
With all the changes that have gone in the world, buying a house may seem more confusing than ever. Let me guide you through the process to reduce some of the stress that comes along with this huge life decision. Below is an overview of the Home Buying Process.
STEP 1 – Meet with a Real Estate Professional
After deciding you’d like to work with me, we’ll discuss in great detail the type of home you’re looking for, including style, price, and location. Then, we’ll get deep into your needs and wants so that I fully understand what you’re looking for in your dream home.
I recognize that the home buying process can be highly stressful. As your Realtor®, I commit to sharing my knowledge of the local real estate market with you. I will also be available to you to answer your questions and advise you, so you feel as in control and confident as possible.
STEP 2 – Get Pre-Approved
When you’re serious about making an offer on a home, you have to be pre-approved. Be aware that there is a difference between pre-approval and pre-qualification. For pre-approval, you’ll need pay stubs, W2’s and bank statements. Knowing what you can afford is essential to a positive home shopping experience.
I have business relationships with several local lenders. As your Realtor®, I will match you with the best lender for your situation to avoid wasting valuable time and energy. If necessary, I will help you through the process of getting your finances in order, no matter how long it takes.
STEP 3 – Search for Homes
Now that we know the type of home you need and how much you can afford, here comes the fun part! During the pandemic, virtual home viewing took hold; many agents, including myself, have continued to offer this service. Yet, we are allowed to preview homes in person again. It’s simply a matter of preference. However, I will always recommend that you view a home in person before making an offer, whenever possible.
As your Realtor®, I have access to tools and systems to ensure you receive regular and timely notification of properties that match your preferences and budget. When you find a home you’re interested in, I’ll schedule a time to view it in person or virtually. If you think the home is worth seeing in person, let me know, and I will schedule a physical showing.
STEP 4 – Make an Offer
When you have decided to make an offer, I will prepare a Property Report for you, including important local data, to make a fully informed decision about what you’d like to offer the home seller.
As your Realtor®, I will prepare the offer based on the price and terms that you choose. After submitting your offer, I will stay in touch with the seller’s agent to ensure timely receipt of any response from the seller.
STEP 5 – Negotiation and Contract
It may take a few tries to get it just right but hang in there. You’re on your way, and I’m here for you.
As your Realtor®, I will use my negotiation skills and training to ensure you get the best possible deal.
STEP 6 – Escrow
Once you and the seller have agreed to terms, your offer is officially accepted! At this point, escrow is opened, usually with a Title Company. During the escrow period, you can and should have a licensed inspector check the home’s condition so that you are aware of any potential issues.
As your Realtor®, I will help you select reputable, licensed inspectors who will review the home inside and out, top and bottom. If you need to negotiate with the seller for any repairs, I will work my hardest to get you the best deal. I will also closely monitor the escrow process to make sure all requirements and terms of the contract are met on time.
STEP 7 – Final Details
After performing your due diligence by having the home inspected and appraised, we will review the final terms with your lender. You are just one step away from sealing the deal!
As your Realtor®, I will closely monitor the process and regularly update you on the status.
STEP 8 – Closing Day
Closing is the transfer of funds and ownership facilitated by the Title Company. At this point, you and the seller will sign closing documents. Shortly after that, you will need to transfer any utilities into your name and collect the keys to your new home!
Congratulations – you’re a new Homeowner!
Sometimes, there’s some additional work that goes into creating our dream home. So, if you need references of trusted and experienced vendors to help you improve and decorate your home, just let me know.
As your Realtor®, I will continue to check in with you after you’ve purchased your new home. Never hesitate to contact me if you have a random question or need a recommendation. I’d also love an introduction to any friends or family members you think I can help.
I’ll always be here for you!