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what to expect...

Making an Offer

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A strong offer is more than just “verbal”

An offer must include the

  1. Residential Purchase Agreement (offer) 

  2. “Proof of Funds” - bank statement showing you have the down payment 

  3. Pre- Qualification Letter (if financing)

and letter (or video) to the home seller.
 

California Residential Purchase Agreement "offer" (Page 1) (download)

Starting to review the contract is important to do before we start writing offers


Docusign
Easy to use! For digital contract signatures. I’ll send you a simple tutorial 
(download)


Things to think about

  • When would you like to close? (date or # of days)

  • Are you purchasing the home in a trust?

  • Is this home purchase contingent on the sale of your home?

  • Is your earnest money ready to deposit within 3 days of opening escrow?

  • Contingencies (shortening your contingency timeframes will make your offer stronger) 

 

Response to your offer 

By contract default, the seller has 3 days to respond to the offer. We can shorten or lengthen that deadline. Often, expect the other party to take the fully allotted response time. If a response is past the expiration date/time negotiations can still move forward if both parties agree to.

 

Multiple Offers
If there are multiple offers the seller(s) may respond with a “Multiple Counter Offer”. Typically, asking for each buyer’s final “Highest & Best” offer. 


Basics to start of “Escrow”

  1. Homebuyer wiring deposit to escrow

  2. Scheduling inspections 

  3. Introductions to transaction parties (escrow officer, transaction coordinator, etc)

  4. Seller’s immediately start completing their property disclosures 

  5. Order HOA documents, Preliminary Title Report & Etc

 

 

 

THE KELLER FORSYTH GROUP

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888-584-9427

CA State Brokerage Address

2603 Camino Ramon St 200 
San Ramon, CA 94583 
CalBRE#: 01878277

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Realtor CalBRE 02007973 ~ eXp Realty of Ca, Inc.

Serving Orange County, California