Category Archives: The Escrow Process

Selling Your Home? Consider These Safety Requirements

Selling your home involves insuring it is safe for occupancy. What does the State say about “Point-of-Sale” requirements?

Congratulations! You’re selling  your home! Now the escrow process begins, and also the process of the potential back and forth negotiations Safety issues surrounding a home's sale.
as a result of the buyer’s right to a professional home inspection. Now, as a seller, you have choices regarding a buyer’s request for repairs that may come about as a result of the home inspection report, but there also may be issues you are required to correct as a condition of the sale.

The two “biggies” that need to be corrected before closing escrow.

According to the State of California, there are two “must haves” when it comes to point-of-sale requirements in a real property residential transaction. read more

The Home Buying Process: Contingencies

What is a contingency anyway? And how does it protect both the buyer and the seller during escrow?

If you’ve never purchased a home before, you might want to prepare yourself just a little, as there’s a little bit of paperwork involved. Actually, that’s an understatement.Cheryl Lichen -ooper There’s a decent amount of paperwork involved. If you’re in the “looking” process, then you probably already encountered at least some paperwork while getting yourself pre-approved for your home loan.

When you finally do decide on the home of your dreams, we’ll sit down together and write up your offer. Unlike personal property, real estate comes with a lot of legalities that insures both the buyer AND the seller are qualified to perform the transaction. For the most part, a buyer’s qualifications mostly revolve around their ability to pay for the home, either as an all cash sale, or by obtaining a home mortgage loan. For the seller, we have to make sure that they are the actual owner of the property and that they are legally entitled to authorize the sale of the home. read more