In this post we’re going to look at: How to purchase a home in South Pasadena, CA. Our South Pasadena Buyers Agents say that you’ll most likely agree with us if you’re in the market for South Pasadena Houses For Sale you’ve come to the proper South Pasadena Real Estate Company.
Are you finally ready to take the leap into the real estate monster that is South Pasadena, CA? Prepare yourself to hang on tight, it’s the ninth most competitive home buying market in America, with a median price of roughly over $600,000, according to Zillow.
First Things First
Set up time to meet with a loan officer or mortgage broker to Pre-Approved. Our South Pasadena Buyers Agents say knowing how much you can afford is essential to the home buying process. Getting pre-approved also lets the seller know you mean business. After you have your pre-approval in your pocket, it is time to start home shopping.
The typical home shopping search usually starts by driving yourself bananas combing through all of the major real estate sites, picking out your desired areas, and spending your weekend randomly touring open houses. You go to one packed open house after the next – until determining you need professional help exploring the South Pasadena real estate mayhem. That is typically where a South Pasadena Buyer’s Agent come into play.
So what is a professional South Pasadena Buyer’s Agent you ask? True to our title, a buyer’s agent assists home buyers every step of the way through the escrow process, and the best part about working with a buyer’s agent is its FREE. Our South Pasadena Realtors pay absolutely nothing. The seller pays our fee. Our South Pasadena Buyers Agents can also save you tons of time and money on the road to homeownership with our proven and effective strategies.
Dream home checklist in hand, and budget framework in mind, our professional South Pasadena Buyer’s Agents will schedule appointments to tour properties, explaining the pros and cons of a variety of homes and neighborhoods. Furthermore, to negotiation skills, our South Pasadena Real Estate Agents can suggest professionals to assist in the mortgage process, home inspections and more.
So you have your pre-approval and your buyer’s agent. Now what? It is time for a list of what you want. What are your must haves? Bedrooms, bathrooms, size and location – the must-have list simply lists the basics of what you must have. Next, what are your wants / wishes? Pool, separate laundry area, or outdoor patio. The wish list is what you would demand to have but not necessarily what you must have.
Keep Yourself Organized
Our South Pasadena Real Estate Agents suggest that you make notes while you tour homes, take photos and video. Picture yourself living in this space – is there enough space for you to grow? Try to visualize your belongings in the space. Does the square footage meet your needs?
Now you have found something you love – it is time to make an offer. As a buyer’s agent we can advise you on an appropriate offer price and then present this to the listing agent. Our negotiating skills and expertise as South Pasadena Real Estate Agents will assist you with saving money and avoiding mistakes that can prevent you from getting the house of you want.
Once your offer is accepted you’re in full control. Our South Pasadena Realtors will assist you in setting up an assortment of investigation inspections and do our best to have the seller pay your recurring and nonrecurring closing costs including loan and escrow fees.
- Escrow generally appears like this:
- Your offer has been accepted by the seller
- Your South Pasadena Real Estate Agent will notify your mortgage lender that you have an acceptance
- Your South Pasadena Realtor will introduce you to the escrow officer. You’ll get an escrow opening package with wire instructions for your 3% good faith deposit, which you can completely get this back if you choose not to purchase the spot for any reason within the contingency period.
Now the contingency period starts – this gives you a specific stated period of time to do all property home inspections, your bank will order an appraisal of the property, and you will be signing necessary CAR for paperwork. following the Home Inspection, you may request repairs from the seller or look for credits.
The seller will either accept, reject or counter your requests. Our South Pasadena Realtors say once getting to an agreement, you will get your loan docs.
Our South Pasadena Realtors suggest that you sign your loan docs with the aid of a notary, at the bank, the escrow officer, or in the comfort of your home – almost there. After coming with your closing funds to escrow your loan will fund within a few days and you will finally get your keys.