Buyer's Guide

Home Buying Process

What to Expect When You are Buying a Home

Evaluate Your Needs

I will meet with you to discuss your specific needs in a home and analyze your resources. We will establish a set of criteria about the type of home and features that are most important to you.

Loan Consultation

I will provide you with guidance in finding a financial institution, and support you in obtaining information on available financing options. A licensed loan consultant can help you determine a realistic range of affordability and can provide you with a letter of pre-approval.

Market Education, View Properties & Select a Property

I will research available properties, and show you homes based on the criteria that we establish. As we view different homes we will reassess your criteria. The more precise and direct you are with me, the more successful our search will be.

Structure an Effective Offer

Once you have found the home that you wish to purchase, I will do all the necessary research to help you structure an effective offer. We will write the purchase agreement and I will advise you on protective contingencies, customary practices, and local regulations.

Present Your Offer

I will present your offer to the seller and/or the seller’s agent. The seller has three options – to accept, reject, or counter. My personal knowledge of your needs and qualifications will enable me to represent your offer in the best light.

Respond to the Seller

I will review the seller’s response with you. If the seller has countered your offer, you will have the option to accept, reject, or counter. My negotiating skills will benefit you in reaching a satisfactory agreement.

Open Your Escrow

When the purchase agreement is accepted and signed by all parties, I will open escrow for you and your initial deposit will be given to the title company. The title company is a neutral third party that will receive, hold, and distribute all funds associated with your transaction.

Remove Contingencies

Prior to closing, all of the contingencies of the Purchase Agreement must be met. I will coordinate the removal of these contingencies and review all documents with you. Typical contingencies include:

  • Approval of the seller’s transfer disclosure statement
  • Approval of the preliminary title report
  • Loan approval, including an appraisal of the property
  • Physical inspections of the property
Close Escrow

When all of the conditions of the purchase agreement have been met, you will sign your loan documents and closing papers. You will deposit the balance of your down payment and closing costs to escrow, and your lender will deposit the balance of the purchase price. The deed will then be recorded at the County Recorder’s office and you will take ownership of your new home.

Work With Gertrude

Buying and selling a home is one of the most important financial and emotional decisions you will ever make, so I can appreciate the magnitude of what is entrusted to me. Clients have reaffirmed their trust and loyalty by referring friends and colleagues.

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