So you want to buy a Palm Springs home? Over the years, we’ve seen ’em come and go and the ones who make it to the end of the process usually have down their homework, are patient people and they listen to their Realtor. It’s our job to know how to help you buy a home so read on and know we can do this!
Principle #1: Talk to a loan person and get pre-qualified
This is the first step for any home buyer. It doesn’t pay to invest a lot of time or emotion in the home search if your credit house isn’t in order. If you want some great tips, read this article we wrote a while back as a start and then read the others suggested in the article as well and you will have all the information you will need.
Principle #2: Decide on what bells and whistles you must have
You wouldn’t even believe it if I told you about how many people come to us “ready to buy” and haven’t got a clue about what they’re looking for. Now it IS our job to advise on the different aspects of a desert city or neighborhood that may best suit one’s needs but we can’t possibly advise on what features you may love or hate about a home. So give this some thought and decide what you really want out of a new home and then we’ll show you some great properties that will make the decision process go so much faster.
Principle #3: Be realistic about the market
Know one thing- trust your Realtor to know the market in a given neighborhood and if you don’t have a Realtor that knows his stuff- find one who does! A good Realtor will know if a property is priced correctly and what you should offer but realize one thing; that is there is no going into an offer that is what we call “cents on the dollar” and lowball offers just won’t work. The market is already discounted 40 to 60% from the highs of 2005-2006. Short Sales and foreclosures are generally priced at what the owner or bank expects to get but to think a lowball offer will work? Well it won’t.
Principle #4: Be flexible on the floor plan and decor
Unless you build a custom home, you will have to make a few concessions and for criminy sakes, don’t worry about the paint color on the inside- that’s the easiest thing in the world to change before or after you move in. Instead of dwelling on a few features that may not suit your taste, we can help you see how easily those features can change into something that will be just perfect your lifestyle. Read this article and see what can be done for just a small additional investment. For about $250.00, you can get a designer to advise you on various ways to achieve exactly what you want in a home.
Principle #5: Learn about the home buying process
This is key! Knowing the process will set your expectations on what lies ahead. This is where the patience comes in. So do a little reading and learn all you can. We will also explain everything to you but few pay attention and when things happen, they’re all concerned.
Know the purchase contract and the steps in a real estate transaction and understand what you are signing. The purchase contract is what becomes the Escrow instructions that will guide your escrow officer on the deal once you have an agreement. Buying a home in California has become a many-faceted project and so much in the purchase contract is there for your protection which is good.
Principle #6: Be respectful of the process
When touring homes during the selection process, be aware that you are in someone else’s home. Leave it as you found it and don’t rummage through their things. Remember the golden rule on this one.
You are going to come across or met a lot of people as the process moves along so keep in mind that they are all working on some aspect of your transaction and they’re goal is the same as yours and that is to get you into the home. It may look at times as though some are trying to derail your dream but in reality, that’s not so.
The lender is the most challenging because the underwriting and quality control aspects of funding is much more detailed than it was in the past. They are just following the new rules of mortgages so work with them and the job will get done faster.
Principle #7: Relax- it will be OK!
As agents, Ron Jesser & Associates tries to make the process fun using the Lighten-Up technique. We take the drama out even when the proverbial s**t hits the fan. We work through the issues as they come up always trying to assure you, our client, that what is happening isn’t about you nor is a particular hurdle unusual. It’s just the process. Using this approach keeps the client on an even keel and positive about the outcome.
Want more information about the Desert Cities ?
Buying or Selling Palm Springs Real Estate?
Buying or Selling in today’s real estate market is a challenge and a process that is easily accomplished with the help of a Palm Springs real estate agent focusing on the neighboring desert cities. You will need an expert who has lived in the area, knows the lifestyle and the unique housing market.
The market for real estate in the desert is alive and the values are exceptional especially for those who are looking for an ideal investment or a vacation/retirement property. We have many Palm Springs real estate properties available for every need, budget and amenity list.
Buyers: Are you searching for your primary residence? We have a variety of Palm Springs homes for sale and have what it takes to get you settled in the neighborhood of your choice.
Selling your home? Your home selling experience will be one that is easy, friendly and professional. Our mission is to offer outstanding service while utilizing the best practices and Internet technology available. We are totally connected to the Internet and will market your home on every venue available! Results is what you expect and results is what you will get.
If you are planning to buy Palm Springs investment property, or property in the surrounding area, we have the staff partners who will help with any project or property management tasks while you are away. We have helped with the small properties all the way up to the multi-million dollar projects.
We’re not here just to sell you a home. We’re here to help you find the dream home you’ll love then make it yours!
For more information on how we can best serve your Palm Springs Real Estate and surrounding area needs, please fill out the online contact form or give us a call at 760-413-2871.