Considering the magnitude of the transaction, buying real estate is often one of the most exciting purchases you will ever make. It is a common life goal many strive toward, in addition to being a wonderful investment opportunity and providing security through shelter. The process of purchasing a home can be quite confusing and difficult to imagine if you have no previous experience. A seasoned REALTOR® is almost a requirement when purchasing a home in California. You can easily accomplish your goals in an easy and efficient manner. Understanding the procedure will enable you to know what to expect ensuring an effortless process. In the short video below you’ll find a description of the process, as well as a few additional details about the average home purchase process.
I would like to share with you how I run my business and the standards I have to ensure excellent customer service.
Initial Consultation with Ray:
Get Formal Loan Pre-Approval:
Explore Market for Available Homes:
Make an offer on desired home:
Stage Two: (Many steps may happen simultaneously)
Present formal offer and negotiate purchase:
Escrow is established:
Present information regarding home purchase to the lender:
Inspections & Disclosures are performed during escrow
Necessary service providers are selected:
Formalize and sign remaining documents:
Record and transfer title and close escrow:
Now that you are aware of the basic procedure, you can confidently begin your search here for the ideal home. You can use our free Mortgage Calculator to estimate the monthly mortgage of any home in which you may be interested. Remember there are expenses beyond a mortgage payment to be considered when calculating your total monthly payment. You can contact us and ask questions inquire about interest rates, and get other details, or if you prefer, you can find up-to-date mortgage interest rates on the internet to assist you in calculating a monthly mortgage estimate, minus the specific details. Whether by the click of a button or with a phone call, the Luxury Realty San Diego staff is always delighted to assist you with all of your San Diego real estate needs. Contact us today to find out how we can be of assistance to you!