Your Homebuying Guide
Everything you need to know, start to finish.
The Agency
Seller Agency
Buyer Agency
Evaluating Home Values
When evaluating homes, make sure to look at all the data points — not just recent sales. Although appraiser guidelines suggest last 6 months of sales within a mile radius, some homes may not comp well if they're one street over into a different neighborhood, or they may have a flat lot compared to a subject property that sits on a hillside. One comp may be outdated or a fixer compared to a recently remodeled home.
Location
One street over into a different neighborhood can significantly affect value.
Lot & Condition
A flat lot vs. a hillside, or a fixer vs. a remodeled home — these matter.
Timing
An outdated comp from months ago may not reflect today's market conditions.
There are many moving parts — only an experienced buyer's agent can decipher.
Inspections Contingency
As part of your due diligence and investigation, make sure to review the following:
Title Report
Review for any encumbrances, liens, judgments, pending lawsuits, or other matters that may affect the property.
9A Report (City Inspection)
Verify whether there are any outstanding violations, required repairs, permits, or compliance issues that should be addressed.
Repairs vs. Upgrades
During inspections, keep in mind the difference between repairs and upgrades. Unless a seller is motivated, they are less likely to give credit towards upgrades than repairs.
Upgrade Example
An HVAC system past its shelf life but still functional — seller less likely to credit this.
Repair Example
An HVAC only blowing hot air — seller more likely to credit or fix this.
This is typical — but there are always exceptions.
Buyer's Agent Responsibilities
- Research values
- Provide real-time market data
- Protect your earnest money deposit
- Oversee inspections and disclosure review
The Process
- 1Get pre-approved
- 2Meet with your agent
- 3Begin shopping
- 4Tour homes
- 5Write an offer
The Value
- Search on and off-market opportunities
- Research permits and property history
- Coordinate private showings
- Write competitive offers
- Negotiate on your behalf
The Escrow
The Phases
Phase 1 — Shopping
- • Pre-approval
- • Home shopping
- • Offer
- • Acceptance
Phase 2 — Escrow
- • Deposit
- • Inspections
- • Contingency removals
- • Loan approval
Phase 3 — Closing
- • Sign loan documents
- • Final walkthrough
- • Bring funds
- • Receive keys
Moving Checklist
Remember to update your information with:
Kamron Roth
SoCal Premier Agent · Frontgate Real Estate