THE VISION
My dream house has 3 bedrooms, 1.5-2 bathrooms with at least one bathtub. It has wonderfully high ceilings with the bathroom having special/fabulous tiling. I would love for the kitchen to be bright and open. I would love to have a pool but if that is not available then a lovely yard would be great. A garage space that could be used as my salon space for a couple years would be useful. Having bus stops easily accessible but a mountain near by would be amazing. I also need a mature tree for shade as well as plentiful closet space for storage. My absolute dream home would also include cute kitchy accents, a sunroom, a fireplace, and a den/shop/library type space.
THE PROCESS
The short version is:
- Look at Properties
- Get Pre-Approved
- Fall in Love
- Make an Offer
We balance the head and the heart. The fun stuff with the practical.
Of course, the timeline for getting into your home on this can vary based on the market and finding the right place, but once we have a pre-approval letter from a lender we can begin submitting offers.
THE OFFER
In order to make an offer you will need:
- Pre-approval letter
- Proof of Funds for Down Payment
- Signed Purchase Offer
Proof of Funds can be either a bank statement or an investment account statement with the numbers blacked out.
The Purchase Offer will layout 3 factors:
- Price
- Time of Possession/Escrow Length
- Contingencies
Contingencies are your safety nets. The 3 main contingencies are:
- Inspection
- Appraisal
- Loan
A SHORT TIMELINE
From the time you start looking to the time you find your house can vary due to the housing inventory and the current market. However, once your offer is accepted, it’s go time!
Escrow is usually 21-30 days but can take anywhere from 10-60 days or longer depending on what the seller and buyer need, and funding.
SAMPLE OF A SHORT 21-DAY TIMELINE:
day 1: Offer Countered or Accepted!
day 2: Go into Escrow!
day 1-3: Wire Earnest Money Deposit (usually 1-3%).
day 1-10: Investigation and Inspection Period.
day 7-14: Appraisal.
day 17-21: Final Walkthrough.
day 17-21: Loan Funds!
day 17-21: Wire Down Payment and Closing Costs.
day 21: KEYS!
PROPERTIES
Excited to talk more.
We have received your message and will contact you shortly