CONGRATS

Anyone out there experiencing searching for that first home, or next home?  Have you run into any snags?  Maybe you weren't the offer that was most acceptable to the Seller(s)?  

Here are some sure fire ways that can and should help you strike it rich and get the home you want:

1)  Be sure your real estate professional has all of your documentation, up front!  

This will include:

A) a signed agency agreement (not to be confused with a Buyer Representation Agreement...don't do that!)  In California, we use the California Association of Realtors forms...they have this logo at the top.  

CALIFORNIA ASSOCIATION OF REALTORS LOGO

B) your current bank statement to prove to the Seller(s) and their agent that you do have the funds to close escrow. 

BANK STATEMENT

C) a copy of your earnest money deposit check (be sure it's at least 1% or more of the offered purchase price....example: on a $300,000 property, I normally will ask for a $5,000 deposit from my buyer.  It not only shows you're earnest for the property, it also silently communicates you are SERIOUS.

D) Your Pre-Approval letter from a major financial institution that is recognizable to most of the adult population.  If you get a pre-approval from an institution called, ABC FINANCIAL CORP., it's great, but may not hold as much weight as one from Wells Fargo, American Financial Network, or Bank of America.

 

APPROVED

Side Note:  You may want to show off your FICO SCORES on the letter from your lender..especially if they are 700+.

 

Once you've gotten this in order, and to your professional you're ready to go shopping!

Join me for the next time where I will give you some sure fire strategies that are currently working today to get my client's offers accepted.  


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2 Comments on GETTING YOUR OFFER ACCEPTED - EASY AS 1-2-3 Part I

JUN
15
159,762 Points 2 Featured Posts Outside Blog

I almost never use checks anymore.

Option 'electronic funds transfer' by the second day directly to escrow holder after the offer acceptance works well seems for everyone:))
9:20am • #1
273,268 Points 6 Featured Posts Called Shot Master

Inna:  Thank You for the info.  I was referring to when making an offer, many times the listing agent will require a copy of an earnest money deposit.  Have a successful weekend!
9:28am • #2

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TODD PICCONI - WWW.PICCONIPROPERTIES.COM (909) 908-7376 24 hours a day

Rancho Cucamonga Real Estate

Rancho Cucamonga, CA

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BLACKSTONE REALTY

Address: 8311 Haven Ave., #180, Rancho Cucamonga, CA, 91730

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Celebrating 20 years of Selling The Best Properties in the Inland Empire. I do it right the first time. Specialties include: Architectural Significant Properties Horse Property HUD-Owned and Bank-Owned Properties Short Sales California Bungalows Getaways & Estates. THANK YOU for the PRIVILEGE TO ASSIST YOU AND YOUR CLIENTS!


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