Our Buying Process

O UR P ROCESS / B UYING Y OUR H OME S CHOELERMAN G ROUP

#1 in California

Phase One: Discovery

Identifying Your Goals - What is your motivation to buy? - What price range are you considering? - What is your timeline to move? - What are your must haves? - What are you looking for in a neighborhood? Planning and Preparation - Discuss your objectives and our process - Select a lender and begin loan approval process - Obtain a loan approval letter - Sign exclusive buyer-broker commitment letter - Research neighborhoods of interest Knowing 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

www. schoelerman. com 650-855-9700

#1 in California

Phase Two: Offer

Finding Your Home - Browse and review online listings - Review how online websites work - Notification of new and off-market properties - Attend Open Houses with your Realtor - Select your ideal neighborhoods and home style

Offers and Negotiation Strategies - Learn about the Purchase Contract

- Discuss multiple offer strategies - Presenting your offer to win

- Negotiate to optimize price and terms - Acceptance of offer / counter offers

www. schoelerman. com 650-855-9700

#1 in California

Phase Three: Escrow

Closing Process - Wire initial deposit per agreement - Discuss critical dates schedule and define what money is due when - Notify lender to begin loan process and appraisal - Contact insurance regarding homeowner coverage - Finalize title vesting details of ownership Inspections and Disclosures - Schedule all desired home inspections - Review all disclosures and reports - Review and acknowledge all seller and state required disclosures - Review and acknowledge preliminary title report - Meet deadlines and timely remove contractual contingencies - Schedule final walk through

www. schoelerman. com 650-855-9700

#1 in California

Phase Four: Closing Closing - Review the closing statements - Sign loan documents - Arrange to wire down payment and closing costs - Transfer utilities into buyer name - Closing documents and key delivery - Move in to the property

- Move-in checklist - CELEBRATION

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

www. schoelerman. com 650-855-9700

#1 in California

Common Ways to Hold Title to California Residential Real Property

www. schoelerman. com 650-855-9700