The Offer:
Once you have
located your home of choice, I will prepare an itemized
estimate of Buyer's closing costs, down-payment and
monthly payment. You will need to have a
pre-approval letter from your lender to submit with your
offer. We will review the comparable sold
properties to determine approximate fair value and I
will be in contact with listing agent for any additional
information, and accurately assess the your negotiating
position.
I will then prepare the
Residential Purchase
Agreement, on your behalf, with careful consideration.
I am very experienced in writing solid, appealing and
respectable
contracts. Purchase agreements CAN be performed
and signed digitally through a service that I use called DocuSign.
I will then
communicate your offer to Seller's agent and negotiate
on your behalf and facilitate the negotiations of any
Seller’s counter offer to you, and vice versa.
Negotiations:
I will gather as much information
as possible to establish your best negotiating position.
Often times these days, your offer many be 1 of 6-7 (or
even more). There are ways (not including more $$)
to make your offer stand out and be more appealing and
advantageous than the other competing offers.
There are quite a few different options and terms
(depending on the situation) that my be very beneficial
to you.
Accepted Offer:
Once your offer has
been negotiated and accepted, the due-diligence period
starts (for home inspections, property discovery, etc).
You will also contact your lender and immediately start
the official loan process (with my assistance). I
will initiate and coordinate a thorough home inspection
(from a licensed, qualified home inspector). I
will open escrow, as per contract, and forward all
necessary information. The inspection report will
have detailed analysis of the home's systems and
problems (significant or not). Together, we will
go over the report and decide which items we will ask to
be repaired/ corrected. This is often another
round of negotiating (though usually minor).
You will also need to
deposit your Earnest Money Deposit "EMD" into escrow
within 3 days. I will make sure that your EMD is
not at risk, until you have signed-off on ALL of your
existing contingencies (usually 17+ days) and will be
very clear about that.
Escrow:
Calendar Days:
Loan:
Inspection:
Request for Repairs:
Final Walk Through:
Closing:
