Field Guide to Buying a Home!

Field Guide to Buying a Home!

Welcome! You have taken the first step into buying a home.  Here we are going to cover some things that you should be prepared for and should expect when buying a home.  Buying a home is going to be one of the most rewarding things you will do in your life.  



The first thing you are going to need to start your journey in the game of buying a home is to get a pre-approval letter. Getting a pre-approval letter will mean you can afford to get a loan. Sitting down with a lender sooner rather than later is important in this process because they will assist you in the preparation stages of purchasing a home, and will let you know what you can afford. The pre-approval letter is exactly that! Your golden ticket! This tells your agent as well as the seller that you can get a loan for the amount of the house that you want to purchase.  

When you are looking for a real estate agent, you are looking for representation in the purchase of your home. They are going to be your safari guide through the unknowns of the real estate market. You want to make sure that you feel comfortable with them as well as having them be easily accessible when navigating the real estate world.  As your tour guide, we work together through the process of finding a home by keeping up on the most relevant properties that match what you’re looking for. So once you spot the PRIME property we can be on it!

Once we have located a property that you would like to purchase, it becomes the important time to write the offer. The offer is your opportunity to tell the seller that you want the property for $$$ amount, what you are committing to do through escrow, and what you expect the seller to do in escrow.  Tailor fitting each offer to the property and getting it to stand out is an art.


Once you and the seller have accepted your offer, you are now in escrow. But wait, what is escrow? Depending on the terms that you set up in your offer, escrow is when you are able to do your due diligence to inspect and find out as much as you can about the property. This is the time where you have your termite, home, sewer, etc. inspectors come out and inspect the property.  It also is the time where you send the seller a request for repairs.  The request for repairs is where you can ask the seller to fix items you want fixed before the close of escrow or be issued a credit so you can do such repairs yourself after a close of escrow. Once you have negotiated the request for repairs, then comes the removal of contingencies. Removal of contingencies means the buyer commits after investigating the property to continue towards the close of escrow.



Parker Jellison

I am a product of Ventura, and I want to give back. I want to give you a home, but I also want to give you a beautiful community where you live.

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