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There are seven key steps you should take to set yourself up for success when buying a home here in Long Beach.
- Meet with a Realtor. A Realtor is a member of the local board of Realtors and they have direct access to the local multiple listing service, or MLS. They also have intimate knowledge of local neighborhoods and will be your guide through the whole process. Check testimonials and references and ask friends and colleagues for referrals to find the right Realtor for you.
- Meet with a lender. Assuming you need a loan, a lender will get you pre-approved for it. Check with your Realtor for recommendations on lenders.
- Have your Realtor set up a home search for you. Realtors can give you access to listings before they show up on all the major real estate websites out there, giving you a leg up on all the buyers not working with a Realtor.
- Start looking at homes. Make sure you take the time to look at all potential problems areas it could have; the foundation, driveway, roof. Make sure it’s been well-maintained, or prepare to alter the price accordingly.
- Write an offer. Your Realtor will guide you through writing a strong offer but also and offer that protects you.
- Escrow process. Once you have an offer accepted, you go into the escrow process, where you typically have 30 or 45 days in a window of time before closing get the title to the property. This is when you do due diligence and know everything you need to know about the property. This is a time for a professional inspection, for lenders to do an appraisal, and to review disclosures provided by the seller.
- Closing escrow. This is where you close the process, your loan is funded, you receive the keys, and you start enjoying your home!
"Realtors have intimate knowledge of local neighborhoods."
If you know anyone looking to buy a home, we would love to help them. Send us an email or call today and we can get started!
