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First Time Buyer's Guide

Check you home buying I.Q.
What You Should Consider in Each of the Following Home Buying Steps
1 Defining What You Want
A Location
B Price
C Both A and B
2 What Can You Afford?
A Monthly Payment
B Potential Increase in Property Value
C Future Raises
3 Shopping For Homes
A Search The Internet
B Contact an experienced real estate agent or broker
C Both A and B
4 Making An Offer
A Offer 5% less than the asking price
B Calculate decorating costs and deduct from asking price
C Negotiate wisely using an experienced real estate professional
5 Inspections And Insurance
A Hire a home inspector to check for termites, roof damage, plumbing and other conditions not easily seen
B Purchase Home Owners' Insurance
C Both A and B
6 The Final Closing
A Assume all paperwork has been completed
B Expect closings usually run on schedule
C You own the house once escrow closes

2920 Newport Blvd., Suite B
Newport Beach, CA 92663
949-673-8674
800-610-7253

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