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Compass

6430 West Sunset Blvd. Suite 600

Hollywood, CA 90028

Victoria & Michael

Victoria Massengale

Phone: 323.640.2924

DRE# 01397097


Michael Maguire

Phone: 310.770.2823

DRE#: 01762981


Email: [email protected]

Get in Touch


PHASE ONE

Outlining Your Objectives
What is your motivation to buy?
What price range are you considering?
What is your timeline to move?
What are your ideal features and "non-negotiables"?
What are you looking for in a neighborhood?


Planning and Preparation
Discuss objectives and process
Select a lender and begin loan approval process
Obtain loan approval letter
Sign exclusive buyer-broker agreement
Research neighborhoods of interest


Understanding the Market
Analysis of active, pending and sold transactions
Review contracts and timelines
Personal timing and seasonal considerations
Market forces; supply v. demand, macro v. micro












PHASE TWO

Finding Your Home
Browse and review online listings
Notification of new and off-market properties
Attend open houses
Select your ideal location and home


Offers and Negotiation Strategies
Learn about the Purchase Contract
Discuss multiple-offer strategies (as needed)
Offer presentation and highlighting buyer strengths
Negotiate to optimize price and terms
Acceptance of offer/counter-offers












PHASE THREE

Escrow Process
Notify escrow of acceptance and send fully executed contract
Wire initial deposit to escrow per terms of agreement
Notify lender to begin the loan and order appraisal
Sign and return opening package of escrow instructions
Contact insurance agent regarding homeowners coverage
Provide escrow with vesting (title) information


Inspections and Disclosures
Schedule all desired home inspections, including termite report
Review all disclosures and reports
Approve or negotiate repairs based on the inspection reports
Review and approve preliminary tile report
Meet deadlines and remove contractual contingencies
Schedule final walk-through prior to close of escrow












PHASE FOUR

Closing
Review closing statement from escrow
Meet with escrow to sign loan documents
Arrange to wire the down payment and closing cost
Transfer utilities to new location
Closing, key delivery and celebration


Working Together Again
Staying in touch
Second homes and investment properties
Providing resources and introductions
Referrals, testimonials and reviews











Information for Buyers


Buyer Consultation

A quick run through of how to begin your home search.



Inspections

Have you ever wondered if you should get a home inspection prior to buying a house? The answer is, yes, here is why it's so important.



5 Things You Should Ask Your Mortgage Broker

You're dipping your toe into the housing market, but what do you really need to know to be sure you're getting the best loan for you?



Preapproval vs. Prequalification

What's the difference between a Preapproval and Prequalification for a loan? A lot! Having the right one can mean the difference between buying a home and losing in multiple offers.

What Happens to My Deposit?

One of the biggest concerns is if you're going to get your deposit back if there are significant issues with the home. In this video, we cover three scenarios and issues in which you need to be aware.

It Isn't Always About the Money!

When writing an offer on a home, most people think it's all about the money. But, that's not always the case. Learn what may actually be more important to a seller to make your offer as strong as possible!
  • Work With Us

    In the extremely competitive Los Angeles real estate market it is crucial to work with a real estate professional who not only focuses on personalized service, has an in-depth knowledge of the current marketplace and has the experience needed to construct and negotiate contracts, but to work with a Realtor who truly understands their clients’ needs and objectives. Contact Victoria & Michael today.

    Contact Us