Crystalynn Thai, realtor can help you make the most of your purchasing power by buying a home in Los Angeles County or Orange County. Buying a home can be intimidating, but I will guide you throughout your journey, so you can get the best deal.
Buying Your Next Home
Together we will formulate a winning strategy to help get you in your prime location with options that work for you. Purchasing property is a big commitment. I work hard to ensure you make a well-informed decision that is best for you and your family.
The Home Buying Process
Buying a home can be exciting and scary simultaneously, so don’t let yourself get overwhelmed and do your research before jumping in with two feet. Understanding the challenges of buying real estate and setting realistic expectations is crucial.
Be Ready To Buy
Don’t make the mistake of finding the home you love and not being ready to make an offer.
Know How Much Home You Can Afford
Knowing what you can afford is essential. Setting a budget for your purchase keeps you in an ideal financial situation and lets you enjoy your home instead of being weighed down by it. Providing this information to your Agent will keep you focused on homes within your budget.
Get Pre-Qualified For Your Mortgage
Pre-qualifying with your preferred lender can help alleviate some struggles, and you will know what you can afford. You will also be able to jump on the right house when you find it.
Finding Your Perfect Home
You might not realize how many homes are out there waiting to be sold. Yet not all the homes available may be the right fit for you and your family. Compiling a list of your must-have features can streamline your home search.
Start With A Wish List
This is one of the fun parts of the home-buying process. Creating a wish list that includes location, square footage, the number of bedrooms, bathrooms, and other amenities you want should be a priority.
Know What You Don’t Want
It is equally important to understand what you don’t want in your home. What are some of the deal breakers that you might run into? Formulating your wish list from most important to least will help narrow your search.
Going Through Escrow
Once we find the home you want, we will submit your offer, and once accepted, we will go into escrow. Escrow is the period when we agree with the seller to buy their home and move towards closing.
Why You Need An Appraisal To Close
When funding through a lender, the appraisal is necessary to ensure that the home’s value aligns with the purchase agreement. The appraisal helps protect you from overpaying for the home and for the lender to approve the correct amount of the home’s value.
Property Inspection
A professional home inspection is a critical precaution a buyer takes when moving forward with the real estate purchase transaction. An inspection can reveal issues with the property you may not be aware of that can be a tipping point for requesting the seller’s credits towards closing cost or concession.
Repairs & Concessions
After the home inspection, you have options you may be entitled to, from repairs, a reduction in price, or even cancelation of the contract. We will go through the report and work towards the best resolution.
Closing On Your Home
We are almost reaching the finish line. Together, we will go over everything you need to do to maintain your home purchase transaction. Keeping your spending habits in check is vital at this point.
The Final Walk Through
Before finalizing your home purchase, we will need to do a final walk-through of the home to ensure everything is still a go. I recommend that we complete the walk-through five days before the closing date.
- Ensure any repairs from our concessions are complete.
- The property is in the same condition you saw it in.
- There is nothing unexpected in the home.
- That you are happy with the overall condition of the house.
Getting Your Keys
At this last stage, you will need to sign the escrow closing package before the lender can fund the loan. Once the funds are in, you will receive the keys to your new home.
Other Considerations
Always communicate well with your Agent so they can better serve your needs as you move forward. This is your home and you should be happy with it.
Representing Your Interests
The right Agent is not just someone that represents you but has your best interest in mind. Guiding you through pitfalls and giving valuable advice is key to a decision of this magnitude. Don’t ever settle on an Agent; you should be comfortable with who your Agent is.
Let Me Find Your Next Property
As a Realtor in Los Angeles and Orange County, I’m trained to help you find homes within your pre-approved loan amount with the features you want. Contact me whether you have a house in mind or are just starting the process. We can find your dream home together.
