HOME BUYING AND SELLING GUIDEÂ
Yeh Area Realty's residential division is a team of real estate professionals that combine their lived experiences and love of the wonderfully diverse greater Bay Area with broad knowledge of the macro and micro economic factors that affect every real estate transaction. Whether you are a first time home buyer, purchasing an investment property, or looking to downsize, we bring industry expertise and an unwavering commitment to helping you achieve your real estate goals.
THE HOME BUYING PROCESS
1 YOUR GOALS
The first step is understanding why you are looking to buy a home and what unique considerations you have. Whether it’s a first home purchase, vacation home, or an investment property, we’ll walk through your objectives and identify homes in neighborhoods that meet your needs.
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2 FINANCING
If you are like most home buyers, you’re going to be working with a lender to purchase a home. We maintain a shortlist of active lenders that treat their clients as well as we do and can refer you to as many as needed. We recommend getting bids from at least three lenders to first figure out how much home you can afford. From there, we’ll help match your finances with available properties to determine the right budget for you.
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5 THE ESCROW
After your offer is accepted, we’ll craft a detailed escrow timeline highlighting important milestones along the way. If inspections are called for, we’ll arrange those as well and assist you with detailed review of all inspection reports and disclosures. We’ll also be there to handle any mid-escrow negotiations and coordinate the final walk through.
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6 CLOSING
As closing approaches, we’ll liaise between you and title/escrow to ensure that your closing statement looks accurate and that you take the proper precautions when remitting closing funds. We’ll also connect you with homeowner’s insurance providers, utility providers, moving companies, etc. And most importantly, we’ll be there to celebrate with you when you get the keys to your new home!
3 THE SEARCH
Once your finances are set, the fun begins! Your search for the perfect home will be a blend of self-driven online research combined with our team’s local expertise to help you find the right home in the right neighborhood to meet your unique needs. As homes hit your radar, we’ll schedule home tours and point out the nuances of each home and how they will affect your homeownership experience.
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4 CRAFTING AN OFFER
You’ve settled on a home and want to make an offer. We will walk you through the entire offer process from disclosure review to contingencies to special considerations. Along the way, we will be in constant communication with the seller’s agent to unearth valuable intel and minute yet potentially important details that can help your offer stand out.
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THE HOME SELLING PROCESS
1 YOUR GOALS
The first step is understanding what you hope to achieve in selling. Whether it’s relocation, upsizing/downsizing, or exiting an investment, we’ll help identify the critical consideration to keep in mind and connect you with 1031 exchange and other tax professionals as necessary.
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2 DETERMINING PRICE
Pricing strategy is crucial to achieving your goals. Our team will work with you to pick apart the closest active, pending, and sold comparable homes to determine fair market value. From there, we’ll make a recommendation on how to price your home to stand out in the marketplace and maximize your ability to attract strong offers.
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3 SETTING THE STAGE
Selling your home can be a hectic experience. Proper planning and coordination is paramount for both your sanity as well as for maximum market appeal. We’ll work with you to address scheduling/logistics and how to properly prepare your home for professional photography, 3D tours, and staging as necessary.
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4 PATH TO MARKET
We’ll work with you to craft a comprehensive game plan to attract maximum attention. Digital marketing will ensure that your home features prominently across all of the top real estate websites. Physical marketing will garner maximum foot traffic allowing buyers to truly appreciate the value of your home.
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5 EVALUATING OFFERS
As offers are received, our team will present a comparative analysis of each offer so that you can quickly digest the details and bottom line that each offer represents. If counter offers are called for, we’ll help you craft those ensuring that the needs of all sides are met.
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6 CLOSING
As closing approaches, we’ll liaise between you and title/escrow to ensure that your closing statement looks accurate and that your mortgage servicer is in the loop. We’ll also provide reminders to cancel insurance and utilities as well as coordinating with your stager. And most importantly, we’ll be there to celebrate with you!