So Much Paperwork - Why Can't We Just Go And See Homes? This article provides a plenty of information on the preparation process prior to purchasing a home. For more specific information continue reading below.
So Much Paperwork - Why Can’t We Just Go And See Homes?
A real estate transaction involves lots of paperwork and when combined with the loan process the amount can seem overwhelming. This can be especially true for a first-time homebuyer. So much paperwork.
When I meet a prospective home buyer for the first time, I like to review their goals. Typically, location is first followed by price. Single family home, condo, townhouse, loft or maybe an investment property. Features -- sure let’s put together that elusive wish versus wants versus needs list. This can be fun!
I also review some of the paperwork involved. So much paperwork. Buyers’ eyes may begin to glaze over -- so much paperwork -- why can’t we just go and see homes? Well, are you pre-approved for a mortgage? Can you provide the proof of funds that are necessary to fund the down payment? Or the entire purchase price(if you are making an all cash offer)? Are you really ready to make an offer to purchase a home? Reviewing the necessary paperwork upfront is important for a successful transaction.
I’ll give you paperwork to review. Yeah, I know - homework. Read, review, highlight the parts that are confusing. Let’s discuss before you write an offer. Mediation, arbitration, liquidated damages -- all important to know before you write an offer. Contingencies? Huh?
Yes there is so much paperwork. So why can’t we just go and see homes? Because there is so much to a real estate transaction than just looking at homes.
When you are ready to buy, sell or just curious about real estate in Pasadena, the San Gabriel Valley or the Northeast Foothill areas within the city of Los Angeles contact me. My name is Michael Jacobs and I can be reached at 818.516.4393 cell or email@example.com.