The Buying Process

Preparing to purchase a home or property can feel overwhelming, especially if you are a first time homebuyer. Whether you need to sell your present property before getting started with your new home search or are new to Orange County “The OC” and unfamiliar with the area, an Amstadter Team associate can help you. Our associates have assisted hundreds of people purchase properties and are experienced facilitators, negotiators, and coordinators. Our expertise and unwavering commitment to our clients will ensure that your venture into real estate will be a positive experience.

Most likely, your first step will be to identify the price range that’s most comfortable for you. An in-depth consultation will help us identify any special needs and create a “wish list” of amenities you would like to have in your next home. Our associates will provide you with the most current information about homes that fit your search criteria. Once you have identified an area of interest your Amstadter Team associate will provide you with further information (comparables) and educate you as to how the current market is performing, in general and specifically in that area. This information will help you in determining a price to offer on a home, once you’ve found that “just right” home. Next, we can recommend reputable mortgage brokers, banks and savings and loans that will best suit your financial requirements. We always recommend obtaining a pre-approval letter from a lender prior to making an offer, so as to position you with the strongest offer possible.

As both long-time residents and experts with detailed knowledge of Coastal neighborhoods, we can assist you in refining or expanding your search, advise you regarding neighborhood amenities, schools, and answer any concerns you have about location and market performance.

Our Services Include:

• An in-depth consultation to identify all of your needs and wants in your home purchase.

• E-mail updates of new listings.

• Determining fair market value through market analyses of recently sold properties before you make an offer.

• Positioning clients in a Seller’s market
  
  During a “seller’s market” when local properties are receiving “multiple offers,” an Amstadter Team associate will ensure that you are prepared, as well as positioning you and your offer to your best advantage. This means that you will be in the best possible position to have your offer accepted.
  
• Negotiating and communicating.
  Having a negotiating strategy before presenting your offer and communicating clearly with the agent representing the seller with no unnecessary time delays will demonstrate a professional approach. Keeping a negotiation moving with minimal time delays is crucial to getting an offer accepted. Your Amstadter Team associate will discuss with you the negotiation strategy and keep you fully informed every step of the way.
  
• The Escrow Process
  Once your offer is accepted, your Amstadter Team Associate will help guide you through the escrow process. There are so many time sensitive events that occur when a property is under contract that require a complete understanding of the contractual obligations on both the part of the buyer and the seller. Not being responsive to these time constraints can put you in jeopardy of having the seller cancel the transaction. Your Amstadter Team associate will set out a calendar of events and a timeline to meet all conditions of the contract. Your Amstadter Team associate will work closely with you to make sure you are fulfilling your contractual obligations in a timely manner. All of the disclosure documents, escrow documents and other contractual documents will be reviewed by your Amstadter Team associate to insure their accuracy and completeness. Your Amstadter Team associate will review with you any documents where you have questions or concerns. Throughout the escrow process, communication with all parties is key to a successful closing on your new home.
  
• The Inspection Process
  Our goal is to insure that you have a thorough understanding of the condition of the property and any other issues that may affect the material value of the property before you remove your inspection contingency. We will provide you with a list of names of preferred vendors for any and all types of inspections. We will be available to accommodate any vendor’s scheduling needs, as well as yours. We will carefully review the inspection findings with you and forward any requests for repairs or explanations to the seller for consideration.
  
• Risk Management
  Meeting contractual obligations in a timely manner, providing complete disclosure and paying attention to details will minimize your risk. Your Amstadter Team associate is trained to manage your risk in the transaction. Much of this risk reduction comes through years of experience and constant ongoing education provided through Prudential California Realty and the California Association of Realtors.

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