TIPS FOR BUYERS

  • A bank pre-qualification letter is almost a must before you can make an offer on a property. It will also determine how much house you can afford.
  • Approach the purchase with an open mind. Look for the most basic requirements such as number of bedrooms and bathrooms, dining room, etc.
  • Most homes in the bay area have been built sometime ago. Do not expect everything to be warranted by the seller to be in working condition. Buy a one year home warranty policy for the major system of the house to cover the unexpected.
  • Ask a copy of the buyer’s inspection advisory prior to going further with your house hunting. It will give you an idea of what to look for.
  • Buy your home through a Licensed Real Estate agent. The State of California has specific laws to protect the consumer.
  • Read your offer before signing or ask the realtor to explain the provisions to you. You are entering into a legally binding agreement with a lot of commitments and it is your right to understand every provisions of the contract. Read the disclosures and ask questions.

STEP-BY-STEP BUYING PROCESS

flowchartbuyer.jpg