A Buyers Guide To Houses In San Clemente, CA is the full and thorough preview guide for what to expect in a usual 30-45 day escrow period. Supposing you are not paying just cash and command your own terms, the below process is very common.
Buying a home in San Clemente, CA is probably one of the biggest financial commitments you will ever make. Now don’t let that give you fear.
Our San Clemente Real Estate Agents say it’s best to not look at Homes For Sale In San Clemente as only dollars and cents, but rather as an investment in your life. If you do choose to buy, our San Clemente Real Estate Agents are willing to be there every step of the way with you.
Step #1: Choosing A San Clement Real Estate Agent
An outstanding and professional San Clemente Realtor can assist you in the home buying process, and in addition make it a nightmare if they are not that exceptional at their job or for whatever reason you have impacting personalities.
Moreover, get referrals from family and friends, or check Yelp and Zillow reviews for the San Clemente Real Estate Agents past client reviews.
Additionally, try and meet with at least one or two Real Estate Agents in San Clemente, CA. Intuitively, if it feels correct, give it a try. The best aspect about it for you is that when working with a “San Clemente Buyers Agent” you typically pay nothing out of your own pocket. Furthermore, the Realtor in San Clemente is typically compensated at close of escrow through the sellers proceeds.
Hint: It doesn’t hurt to choose a San Clemente Real Estate Agent that’s plugged into the area you’re searching to buy a property. What our San Clemente Real Estate Agents mean by that is, it doesn’t hurt to have an agent working for you that knows the area well, and plays nicely with the other Agents and Brokers in the San Clemente, CA area.
Step #2: Get Pre-Approved
When you’re ready to search for houses for sale in San Clemente, CA our Real Estate Agents recommend going down the pre-approval process with a lender prior to even meeting with a San Clemente Realtor. That is if you have a great relationship with your banker. Now-a-days a traditional Bank i.e Chase, Wells Fargo, or Bank of America have extremely competitive rates for first time buyers, owner occupied multi-family, and jumbo loans.
Mortgage Brokers are tech savvy and should have access to conceivably more lending programs and definitely more resources at their disposal; however, lately, our San Clemente Realtors have seen better rates and terms coming out of the big banks.
Step #3: Improve Your Focus
When searching for Houses For Sale In San Clemente, CA, know what you are shopping for. We also suggest that you narrow down your search focus to one or two property types with a distinct budget in mind. Having been pre-approved by this point, you’ll know a little more about your borrowing and buying power. In addition, we suggest that you ask your local San Clemente Realtor to send you the best new listings on the market that fit your needs.
Hint: We all want more than what we can afford. Baby steps to success is our new motto.
Step #4: View Properties
Now you’re searching for Homes For Sale In San Clemente, CA. By this point you should be reviewing property listings that your agent is sending you via an email based on your search criteria.
Once you find a few spots that meet your demands, have your Agent in the San Clemente, CA area set up tours and get a better sense of the market and neighborhoods. Ask questions. Get your San Clemente Real Estate Agent working for their commission. Then make your choice.
Step #5: Make An Offer
When you’ve discovered the proper property and you’re ready to pull the trigger on an offer don’t be hesitant. Depending on market conditions and whether it’s a hot property on the MLS or off market you may need to act immediately. Trust your San Clemente Realtor to present the best offer for you and make you look like the best candidate in the Sellers eyes.
Step #6: Negotiate Terms
When searching for Houses For Sale in San Clemente, CA negotiating the terms are crucial and it’s common to have counter-offers from the other side of the deal. Be prepared to be flexible on price, closing dates, appliances, repairs, and terms.
Hint: If you’re working with our San Clemente Realtors, this process is going to be as stress-free as possible for you.
Step #7: Open Escrow & Inspections
Once our San Clemente Real Estate Agents get an accepted offer, generally within 72 hours, you’ll deposit 3% of the purchase price into an escrow account. That escrow will have a “neutral party” Escrow Officer in charge of the transaction, and will help you every step of the way till closing day. Fees are nominal and vary from firm to firm.
Hint: Our San Clemente Buyers Agents work with the least expensive Escrow and Title companies in San Clemente, CA
This is also your only time to have the property structure and systems evaluated. An experienced professional general inspector is worth every penny.
Hint: Generally, our San Clemente Real Estate Agents write in offers for our buyers that Sellers pay for home warranty to cover appliances and systems that could breakdown up to one year after the close of escrow.
Step #8: Do A Thorough Walkthrough
When seeking out Houses For Sale in San Clemente, CA make sure you do a final walkthrough before the loan funding and close of escrow. This is to make sure everything you thought was included in the purchase agreement has remained on property…and that the house is still standing in one piece.
Step #9: Close
At closing, you will review and sign the relevant closing documents. Then, after providing a cashiers check, certified check, or wire transfer for the down payment and closing costs, the keys are passed to you and the property is finally yours!
Step #10: Get Ready To Move In!
Our San Clemente Real Estate Agents say you need to make sure you turn on utilities and setup for internet and cable or whatever else is your pleasure. Nothing is worse than waiting a week for the WiFi to get activated.