Beginning the 🏡 buying process can feel overwhelming, whether you're just kicking tires about the idea of owning a home in the Palm Springs area, are already a seasoned resident.
At the Paul Kaplan Group, we like to make the home buying process seamless. We’ll work together to make each step as simple and easy as possible.
We broke it down into these 8 steps:
Let’s get to know each other! We’ll set up a call, or email exchange to talk through the process of buying a desert home with us. Be prepared to discuss what's on your dream home's "must have" list.
Getting pre-qualified is the beginning of the mortgage process. You supply a bank or lender with a financial summary that includes debt, income, and assets. From there you will get an approximation of the mortgage you will qualify for.
Getting pre-approved is the next step in the process. Once you get pre-approved the lender will tell you the specific mortgage amount you are approved for. Need a lender? We'll be happy to provide a list of options.
You’ll get notifications about the listings that we know you'll be excited about. Be sure to let us know if one (or more) jumps out at you so that we can move to the next step, either providing more information about the property and neighborhood, and/or schedule a viewing.
This is when the buying process gets really fun! When you're planning to be in the desert, we'll start hitting the streets with you! We’ll go to open houses and schedule viewings from the listing alerts you loved. We’ll talk about how the budget works and make sure that we find you the perfect home.
A little scary, but very exciting! We'll walk you through the purchase contract and discuss terms. One of three things will happen when putting in an offer on a house: the offer is accepted, it’s rejected, or you get a counteroffer. We’ll walk you through each of those possibilities and how to handle them. Once the offer is accepted and your finances are in order, we'll move forward to the next step!
The sellers accepted your offer, and your future home is going through appraisal and inspection. This is one of the last steps before you get the keys to your home! The appraisal will provide the value of the home, and establish an amount that your bank will be willing to lend, if you are financing the property. Inspections are ordered, to determine that everything in the home is functioning properly and there are no major issues.
It’s time to dot the I’s and cross the T’s because you’re closing on your home! This step in the process includes going through all of the final paperwork, signing loan docs unless you're paying cash, transferring your down payment, signing your name and closing escrow. Once the sale is recorded, then then you'll get the keys.
Grab a bottle of champagne and toast to your new home! Congratulations!
Ready to start the process? Please contact us direct: [email protected]