| Finding a Orange County house for sale for a | | | | have the time, interest nor demeanor to work |
| great price can sometimes be a trying | | | | effectively and patiently with home buyers. |
| experience. First, you have to find out about | | | | Working with a newbie agent with less than 2 |
| all of the houses for sale in your price | | | | years experience f0r the purchase of a $800K |
| range in a timely manner - next, you need to | | | | house is not such a good idea when you can |
| preview the inside of these homes - then, | | | | work with a seasoned professional for the |
| after you've have selected a few candidates, | | | | same NO cost! How do you find such a seasoned |
| you need to analyze to see what's a fair | | | | professional tech savvy Buyers Agent ? - by |
| price for each house - Finally, you formulate | | | | searching on the Internet or referrals from |
| your offer to purchase.... and by the time | | | | friends and co-workers. |
| that's all completed, the really good homes | | | | |
| with a great value, are usually sold... So | | | | 3.) Once you've selected and met with your |
| what do you do? Follow this 5 step program | | | | Buyers Agent, have them set you up on an |
| for buying a house, and you will greatly | | | | email alert home finding service that checks |
| increase your odds for success... | | | | the Multiple Listing Service (MLS) every day. |
| | | | When a new listing comes on the market that |
| 1.) First - Get with a mortgage lender and | | | | meets you criteria, it will send you and your |
| obtain pre-qualification letter. We usually | | | | Agent an email notifying you of this brand |
| recommend mortgage brokers over banks for | | | | new listing, and the email will contain many |
| often times a mortgage broker will have a | | | | details about the house for sale. |
| wider selection of loan programs to choose | | | | |
| from as compared to a bank. This step is very | | | | 4.) When you're ready, set an appointment |
| important for shopping for a house to buy is | | | | with your Buyer's Agent and go look at all of |
| challenging enough, and not being confident | | | | the houses for sale that meet your needs, |
| with regard to your price range makes it even | | | | wants, price range, etc. In today's market, |
| more difficult. The pre-qualification letter | | | | that list of houses for sale won't be to big |
| (pre-qual), can usually be done in an hour or | | | | for the inventory has been low in Orange |
| two, and will tell you how much of house you | | | | County for many months. So in one or two |
| can afford and what your monthly payments and | | | | afternoons, you can see every house listed |
| closing costs will be... valuable | | | | for sale. If you didn't find a house you |
| information. Shop around for lenders before | | | | like, then start using the email alert |
| you give them permission to run your credit, | | | | service (above), and check your email on a |
| for you don't want to many inquiries on your | | | | daily basis to see if a new listing pops up |
| credit report at this stage. | | | | that is worth seeing. When a new listing |
| | | | arrives, it's usually a very good ides to hop |
| 2.) I know you have probably heard it before, | | | | in the car and have your buyers Agent show it |
| but is true - Find yourself a good tech savvy | | | | to you as soon as possible. After a month or |
| Buyers Agent. The services of a good Buyer's | | | | so, if you haven't found a house that strikes |
| Agent are essentially free to you for the | | | | you interest, it's probably time to modify |
| Seller has already signed a contract to pay a | | | | your search parameters... ie; maybe look for |
| commission to the agents who sell their home. | | | | slightly smaller houses, look in a few more |
| So whether you deal with the listing agent, a | | | | cities, bump up the price a little bit, etc. |
| brand new rookie agent, or a seasoned and | | | | etc. |
| professional Buyers Agent, there are no extra | | | | |
| costs to you the Buyer! Dealing with the | | | | 5.) Once you and your agent have found a |
| listing agent directly is not such a good | | | | house (or two) that meet your needs and |
| idea, for the listing agents fiduciary | | | | wants, get together with your agent and |
| responsibility and loyalty is first and | | | | formulate an offer to purchase. Here an |
| foremost with the Seller. That leaves you at | | | | experienced Buyers agent will be very |
| a negotiating and contractual disadvantage. | | | | valuable in getting you the best deal |
| Also, many listing agents specialize in | | | | possible, and assuring you a smooth, and |
| working with sellers, and many of them don't | | | | timely contract closing (Escrow) process. |