BUYING
YOUR
FIRST
HOME

BUYING YOUR FIRST HOME

Buying a home for the first time can be a formidable process and you will likely have many questions ranging from budget, financing, current market trends and suitable neighborhoods. Success begins and ends with choosing the right real estate professional team with a proven record of helping new buyers navigate the complexities in competitive market and knows the right strategies to give you the buyer’s advantage. By partnering with Julie Tsai Law Realty Group, you will be fully supported in every stage of the buying process with a devoted team that will be there before, during and after
the purchase.

 

FIRST-TIME HOME BUYER GUIDE

As a client looking for your first home, it is our duty and you to make sure you are well-versed with the overall home buying process. Our team take pride in being able to make an outwardly complicated, time-consuming process into a fun and rewarding one by meticulously taking our clients through each step of our strategic buying process.

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1. GETTING STARTED

Just like any investment, determining the best path for you requires taking personal factors and desires into account. What kind of community do you want to be a part of? How do I figure out how much house I can afford? Are you planning to start a family in the future? We will assist you throughout the buying process to answer these and other key questions, so that can ultimately enjoy your investment for many years to come as you make your house a home.

2. BUILD THE RIGHT TEAM

When you’re ready, assemble your dream team. Interview real estate agents, choose a lender.

3. ARRANGING FINANCING & GET PRE-APPROVED

Now you’re ready to get serious about your search, and when you find a home you love, make an offer. It’s easy to feel discouraged if you don’t get that first home, but in today’s competitive markets, you may repeat this step many times. The first offer helps you understand how things work – the back and forth of negotiations, ways to win over a seller and more.

5. REVIEW DISCLOSURES & MAKE THE OFFER

Once you’ve found your ideal property that provide both fit and value, we will carefully review and handle all the necessary documentation and disclosure requests with you and the seller. We will take the mystery of the of property by walking through all property & pest inspection reports, seller’s Disclosures, preliminary title report, and Homeowners Association (HOA) documents. You will have more questions and we will be readily available to provide the answers you need to make the best decisions forward.

In the competitive Bay Area market, it is essential that buyers, especially those purchasing for the first time, set themselves apart from the crowd. We strive to tell our client’s stories to the seller along with the accompanying offer to create a human connection far beyond the monetary transaction. In many instances, our practice has been the difference maker in helping our first-time home buyers’ secure their ideal home.
During the negotiation stage, we minimize any potential stress by providing you with regular updates, so you are never in the dark.

6. CLOSE THE TRANSACTION

Once your offer is accepted, our team of trusted financing, inspection, title and escrow professionals will keep your contract moving quickly towards closing. After all the purchase contract conditions have been satisfied, you will sign the closing documents, deposit the balance of down payment, and move the closing costs into the escrow account. You and members of our team will conduct a final walk-through of the home to make sure all minute details were taken care of, ensuring your complete satisfaction.

7. PLAN YOUR MOVE

At the close of escrow, ownership transfers from the seller to the buyer. The deed is executed and the recording of the title transfers from the seller to the buyer. Congratulations, you now own your new home!

FIRST-TIME BUYER RESOURCES

Search Properties

 

Market Trends

 

School Information

 

Buyer Articles

 

READY TO START THE PROCESS?

With over 15 years serving the Bay Area, the team at Julie Tsai Law Realty Group offers personalized services that will exceed your expectations. Whether you’re looking to buy a new property, sell an existing one, or just want to discuss the market – you’ll find that the team at Julie Tsai Law is here to help.

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