The Loan Process
Buyers' and Sellers' Costs
The Inspection Process
Common Forms of Ownership
The Escrow
Terms You Should Know
After the Offer
| |
After the Offer
What happens once we find the
right home and write an offer?
 | Present Your Offer - We
will present your offer to the seller and the seller's agent. The seller
has three options - to accept, reject or counter. Our personal knowledge of
your needs and qualifications will enable us to represent you in the best way
possible. |
| Respond to the Seller - We
will review the seller's response with you. If the Seller has countered your
offer, you will have the option to accept, reject, or counter. Our negotiating
skills will benefit you in reaching a satisfactory agreement. |
| Open Your Escrow - When the purchase
agreement is accepted and signed by all parties, we will open escrow for you
and your earnest money will be deposited. The escrow or title company is a
neutral third party that will receive, hold, and distribute all funds
associated with your transaction. |
| Remove Contingencies - Prior
to closing, all of the contingencies of the Purchase Agreement must be met. We
will coordinate the removal of these contingencies and review all documents with
you. Typical contingencies include:
 | Approval of the seller’s transfer
disclosure statement |
| Approval of the preliminary title report |
| Loan approval, including an appraisal of the
property |
| Physical inspections of the property |
| Pest inspection and certification |
| Acquisition of homeowner's insurance |
|
| Close Escrow - When all of the
conditions of the purchase agreement have been met, you will sign your loan
documents and closing papers. You will deposit the balance of your down
payment and closing costs to escrow, and your lender will deposit the balance
of the purchase price. The deed will then be recorded at the County Recorder's
office and you will take ownership of your home. |
Contact us at:
415.345.3096 or send email to: Ldelevi@pacunion.com |
