westwood homes open house sunday march 15th, 2015
DESCRIPTION
This buyer tour booklet lists all the homes open in Westwood on Sunday March 15th, 2015.TRANSCRIPT
Cloud CMA
Buyer Tour
PREPARED FOR
Westwood Homes Open House March 15th, 2015MARCH 15, 2015
Scott McIntosh | Coldwell Banker | BRE number: 01759826 | Mobile: 310-500-6107 | www.scott-mcintosh.com | [email protected] | www.thewestwoodblog.com | 11999 San Vicente Blvd. Suite 100, LA CA 90049 | Office: 310-979-3942
INFOCloud CMA
The Homebuying ProcessFollow These StepsGet prequalified - Your lender will look at your income, credit scores, revolving debts, obligations such as childsupport as well as the type of loan you choose. Other factors that impact how much home you can buy is the downpayment; smaller down payments mean higher monthly payments. Last, the interest rate and terms (30-year, fixed oradjustable rate) will determine what you can afford in monthly payments.
Make your wish list - Decide where you want to live and how many bedrooms and baths you’ll need. Considerlifestyle - condominiums offer shared amenities, with little responsibility. Single-family homes offer more space andprivacy, but much more exterior and yard maintenance.
Hire a real estate professional - Your real estate professional should be expert in the area where you want to live andfamiliar with the type of home you want to buy. Your agent has house-by-house experience in your neighborhood andcan offer the best advice on homes in your range.
Select your home - No home is perfect, so don’t let minor flaws influence you. Think long-term. Which home bestsuits the activities and needs of your household now and in the years ahead? Don’t buy more than you need or cancomfortably afford.
Make an offer - Your offer depends on the current market. If a home has been on the market a long time, you can askthe seller for a price reduction, but if it’s new on the market, the seller is unlikely to accept a low offer. Ask your realestate professional for advice.
Get an inspection - A home inspection is a professional third-party opinion of the home’s condition. The inspector willpoint out the age of systems, and large and small repairs that are needed, so you’ll know what you’re facing as the nextowner.
Get an appraisal - The bank appraisal determines market value. If the home doesn’t appraise for the purchase price,the bank will refuse to make the loan unless you renegotiate with the seller. If it appraises, the lender will move towardclosing.
Go to closing - Once final negotiations are complete, the parties to the transaction meet at the escrow office. This couldbe a title company, real estate attorney, or whatever is customary in your area. All paperwork is signed by both parties.The lender pays the seller, minus any liens against the home such as the seller’s mortgage. Once all the disbursementshave been made, you get the keys to your new home, according to your agreement. Congratulations! You’re ready tomove into your new home
Scott McIntosh | Coldwell Banker | BRE number: 01759826 | Mobile: 310-500-6107 | www.scott-mcintosh.com | [email protected] | www.thewestwoodblog.com | 11999 San Vicente Blvd. Suite 100, LA CA 90049 | Office: 310-979-3942
LISTINGSCloud CMA
Map of All Listings
MLS # Status Address Price
1 14-815417 A 463 S BENTLEY AVE, Los Angeles $2,199,000
2 15-886343 A 2054 MALCOLM AVE, Los Angeles $1,499,000
3 OC15004183MR A 839 Glenmont AVE, Los Angeles $3,649,000
Status: A = Active
Scott McIntosh | Coldwell Banker | BRE number: 01759826 | Mobile: 310-500-6107 | www.scott-mcintosh.com | [email protected] | www.thewestwoodblog.com | 11999 San Vicente Blvd. Suite 100, LA CA 90049 | Office: 310-979-3942
MLS#14-815417
Cloud CMA
Property Details$2,199,000463 S BENTLEY AVE, Los Angeles
Courtesy of Berkshire Hathaway HomeServices California PropertiesListing information
MLS#: 14-815417 Beds: 3 Sq Ft: 2,532 List Date: 12/15/14
Status: Active Baths: 2/1/1/0 Year Built: 1940 DOM: 90
Features
Floors: Hardwood, Stone Tile Stories: 1 Cooling: Central Heating: Forced Air View: Walk Street Zoning:LAR1 Water: In Street Lotsize: 9827
Remarks
CLASSIC & NEWLY REMODELED 1940'S TRADITIONAL. COMPLETELY UPGRADED THROUGHOUT.ONE STORY 3 BD / 4 BA IN 2,532 SF. MAIN HOUSE FEATURES BRIGHT & OPEN FLOOR PLAN,SPACIOUS LIVING ROOM W/ FIREPLACE, FAMILY ROOM, FORMAL DINING ROOM, NEW GRANITEKITCHEN WITH BREAKFAST NOOK, MASTER SUITE, DARK HARDWOOD FLOORS, ALL NEWFIXTURES AND APPLIANCES, 9,827 SF FLAT LOT, MATURE LANDSCAPING & GARDENS,UPGRADED ELECTRICAL & PLUMBING, LARGE EXTENDED TWO CAR GARAGE. FRENCH DOORSLEAD TO LOVELY PRIVATE GRASSY YARD TAKING YOU TO A FULL GUEST HOUSE (OVER 900 SQFT PER APPRAISER). GUEST HOUSE HAS HUGE "GREAT" ROOM, FIREPLACE, GRANITE BATH ANDKITCHEN AND IT'S OWN PRIVATE FENCED YARD. GREAT INCOME POTENTIAL AND INCREDIBLECURB APPEAL ON A MUCH DESIRED STREET. DON'T MISS THIS AMAZING BUYING OPPORTUNITY.BEVERLY HILLS & WESTWOOD ADJACENT, CLOSE TO SHOPPING, UCLA AND THE BEST OF LA'SWESTSIDE LIFESTYLE.
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | BRE number: 01759826 | Mobile: 310-500-6107 | www.scott-mcintosh.com | [email protected] | www.thewestwoodblog.com | 11999 San Vicente Blvd. Suite 100, LA CA 90049 | Office: 310-979-3942
MLS#14-815417
How do you rate this property?
Cloud CMA
Buyer Comments
$2,199,000463 S BENTLEY AVE, Los Angeles
Courtesy of Berkshire Hathaway HomeServices California PropertiesListing information
MLS#: 14-815417 Beds: 3 Sq Ft: 2,532 List Date: 12/15/14
Status: Active Baths: 2/1/1/0 Year Built: 1940 DOM: 90
Comments:
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | BRE number: 01759826 | Mobile: 310-500-6107 | www.scott-mcintosh.com | [email protected] | www.thewestwoodblog.com | 11999 San Vicente Blvd. Suite 100, LA CA 90049 | Office: 310-979-3942
MLS#14-815417
Cloud CMA
Listing Photos$2,199,000463 S BENTLEY AVE, Los Angeles
Scott McIntosh | Coldwell Banker | BRE number: 01759826 | Mobile: 310-500-6107 | www.scott-mcintosh.com | [email protected] | www.thewestwoodblog.com | 11999 San Vicente Blvd. Suite 100, LA CA 90049 | Office: 310-979-3942
MLS#14-815417
Cloud CMA
More Listing Photos$2,199,000463 S BENTLEY AVE, Los Angeles
Scott McIntosh | Coldwell Banker | BRE number: 01759826 | Mobile: 310-500-6107 | www.scott-mcintosh.com | [email protected] | www.thewestwoodblog.com | 11999 San Vicente Blvd. Suite 100, LA CA 90049 | Office: 310-979-3942
COMMUNITYCloud CMA
Area Restaurants$2,199,000463 S BENTLEY AVE, Los Angeles
Name Type Distance Rating
Il Piccolo Verde Italian 0.53 mi 52 reviews
ROAST Deli & Market Delis, Sandwiches, Meat Shops 0.56 mi 165 reviews
Lemonade Delis, Cafes, Juice Bars & Smoothies 0.56 mi 280 reviews
Belwood Bakery Cafe Cafes, Bakeries 0.57 mi 178 reviews
In-N-Out Burger Fast Food, Burgers 0.72 mi 400 reviews
Bella Pita Middle Eastern, Sandwiches, Mediterranean 0.73 mi 485 reviews
Fat Sal's Deli Delis, American (New), Burgers 0.74 mi 613 reviews
Gushi Korean 0.75 mi 702 reviews
House of Meatballs Italian 0.8 mi 58 reviews
Chick-fil-A Fast Food 0.87 mi 130 reviews
Native Foods Cafe Vegan, Vegetarian, American (New) 0.93 mi 919 reviews
sugarFISH Sushi Bars, Japanese 0.96 mi 667 reviews
TLT Food American (New) 0.96 mi 588 reviews
Tavern American (New), Breakfast & Brunch 0.96 mi 783 reviews
Garlo's Aussie Pie Shop Australian, Diners, Bakeries 0.97 mi 179 reviews
SEAS Cafe Cafes 0.99 mi 65 reviews
Scott McIntosh | Coldwell Banker | BRE number: 01759826 | Mobile: 310-500-6107 | www.scott-mcintosh.com | [email protected] | www.thewestwoodblog.com | 11999 San Vicente Blvd. Suite 100, LA CA 90049 | Office: 310-979-3942
MLS#15-886343
Cloud CMA
Property Details$1,499,0002054 MALCOLM AVE, Los Angeles
Courtesy of John Aaroe GroupListing information
MLS#: 15-886343 Beds: 3 Sq Ft: 1,971 List Date: 3/12/15
Status: Active Baths: 2/1 Year Built: 1924 DOM: 3
Features
Floors: Hardwood, Mixed Stories: 1 Cooling: Central Heating: Central View: None Zoning: LAR1Lotsize: 6762
Remarks
Tastefully remodeled, this warm & welcoming Traditional home blends old world charm w/ modern updates in thecoveted Westwood Charter School District! The dramatic living room is a show stopper w/coved ceilings, curvedarchways, hdwd flrs & cozy fireplace. It flows seamlessly into a charming formal dining room & the large, gourmetkitchen w/ granite counters, stainless appliances, built-in bar w/ wine fridge, large island & French doors leadingout to the yard. There are 3 large bdrms, including a master suite w/ample closets & newly renovated en-suite bathw/dual sinks. 2nd bath is tastefully updated w/ subway tile & vanity with marble counter. Separate den/office/playroom may also be converted to 4th bdrm. The spacious backyard is an entertainer's dream, w/ plenty of spacefor entertaining & play, including a stone patio area w/ built-in BBQ, outdoor fireplace & large grassy area fo...
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | BRE number: 01759826 | Mobile: 310-500-6107 | www.scott-mcintosh.com | [email protected] | www.thewestwoodblog.com | 11999 San Vicente Blvd. Suite 100, LA CA 90049 | Office: 310-979-3942
MLS#15-886343
How do you rate this property?
Cloud CMA
Buyer Comments
$1,499,0002054 MALCOLM AVE, Los Angeles
Courtesy of John Aaroe GroupListing information
MLS#: 15-886343 Beds: 3 Sq Ft: 1,971 List Date: 3/12/15
Status: Active Baths: 2/1 Year Built: 1924 DOM: 3
Comments:
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | BRE number: 01759826 | Mobile: 310-500-6107 | www.scott-mcintosh.com | [email protected] | www.thewestwoodblog.com | 11999 San Vicente Blvd. Suite 100, LA CA 90049 | Office: 310-979-3942
MLS#15-886343
Cloud CMA
Listing Photos$1,499,0002054 MALCOLM AVE, Los Angeles
Scott McIntosh | Coldwell Banker | BRE number: 01759826 | Mobile: 310-500-6107 | www.scott-mcintosh.com | [email protected] | www.thewestwoodblog.com | 11999 San Vicente Blvd. Suite 100, LA CA 90049 | Office: 310-979-3942
MLS#15-886343
Cloud CMA
More Listing Photos$1,499,0002054 MALCOLM AVE, Los Angeles
Scott McIntosh | Coldwell Banker | BRE number: 01759826 | Mobile: 310-500-6107 | www.scott-mcintosh.com | [email protected] | www.thewestwoodblog.com | 11999 San Vicente Blvd. Suite 100, LA CA 90049 | Office: 310-979-3942
Scott McIntosh | Coldwell Banker | BRE number: 01759826 | Mobile: 310-500-6107 | www.scott-mcintosh.com | [email protected] | www.thewestwoodblog.com | 11999 San Vicente Blvd. Suite 100, LA CA 90049 | Office: 310-979-3942
COMMUNITYCloud CMA
Area Restaurants$1,499,0002054 MALCOLM AVE, Los Angeles
Name Type Distance Rating
California Fresh Italian, Gluten-Free, Mediterranean 0.16 mi 178 reviews
California Chicken Cafe American (Traditional) 0.18 mi 596 reviews
Zuma Kitchen Mediterranean, Turkish, Middle Eastern 0.22 mi 86 reviews
Necco Japanese 0.25 mi 33 reviews
Taste of Tehran Persian/Iranian 0.26 mi 287 reviews
Farsi Cafe Persian/Iranian 0.26 mi 108 reviews
The Room Sushi Bar Sushi Bars 0.3 mi 340 reviews
Rabbi's Daughter Kosher, Butcher, Meat Shops 0.33 mi 21 reviews
Bru's Counter Salad, Sandwiches 0.35 mi 103 reviews
The Apple Pan Burgers, Diners 0.45 mi 2041 reviews
Ramayani Indonesian 0.48 mi 348 reviews
The Backhouse Sushi Bars, Japanese 0.49 mi 384 reviews
Westside Tavern American (New), Pubs 0.5 mi 1047 reviews
Totoraku Japanese 0.56 mi 195 reviews
Food Sandwiches, Breakfast & Brunch 0.58 mi 514 reviews
Marty's Hamburger Stand Burgers, Hot Dogs 0.62 mi 177 reviews
Scott McIntosh | Coldwell Banker | BRE number: 01759826 | Mobile: 310-500-6107 | www.scott-mcintosh.com | [email protected] | www.thewestwoodblog.com | 11999 San Vicente Blvd. Suite 100, LA CA 90049 | Office: 310-979-3942
MLS#OC15004183MR
Cloud CMA
Property Details$3,649,000839 Glenmont AVE, Los Angeles
Courtesy of Coldwell BankerListing information
MLS#: OC15004183MR Beds: 4 Sq Ft: 4,000 List Date: 1/8/15
Status: Active Baths: 3/1 Year Built: 1930 DOM: 66
Features
Floors: Carpet, Clay, Hardwood, Wood Under Carpet Roof: Spanish Clay Tile Stories: 2 Community: Curbs,Sidewalks, Suburban Cooling: Central Heating: Forced Air View: City Lights, Trees/Woods TB map code:632B2 Pool: Black Bottom, Heated, In Ground, Private Water: District/Public Cross streets: Wilshire/Westholme/Glenmont Number of units: 1 Lotsize: 9797 Acres: 0.23
Remarks
Distinctive Spanish in Little Holmby*Exquisite 2 story Spanish home w/fine architectural features (hand carvedwood front door, stained glass windows, painted (fresco) ceilings, carved wood beams, hardwood & Mexican tilefloors, 7 scalloped archways) on large (almost 10,000 sq. ft) lot w/pool & spa on one of Little Holmby's beststreets*3 bedrooms upstairs plus added office/maid's room down, 3.5 baths*Formal living room w/fireplace,stained glass window, high ceiling w/carved wood beams & ironwork supports*Formal dining room w/raw silkcovered walls*Expanded family room w/custom built-ins including desk*Cozy den w/ fireplace, arches Frenchdoors & hidden Prohibition bar*Remodeled kitchen w/granite countertops, white cabinets, Subzerorefrigerator*Butler's pantry w/lots of storage*Charming octagon shaped breakfast room w/corner cabinets*Largemaster suite has beautifully remodeled bath...
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | BRE number: 01759826 | Mobile: 310-500-6107 | www.scott-mcintosh.com | [email protected] | www.thewestwoodblog.com | 11999 San Vicente Blvd. Suite 100, LA CA 90049 | Office: 310-979-3942
MLS#OC15004183MR
How do you rate this property?
Cloud CMA
Buyer Comments
$3,649,000839 Glenmont AVE, Los Angeles
Courtesy of Coldwell BankerListing information
MLS#: OC15004183MR Beds: 4 Sq Ft: 4,000 List Date: 1/8/15
Status: Active Baths: 3/1 Year Built: 1930 DOM: 66
Comments:
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | BRE number: 01759826 | Mobile: 310-500-6107 | www.scott-mcintosh.com | [email protected] | www.thewestwoodblog.com | 11999 San Vicente Blvd. Suite 100, LA CA 90049 | Office: 310-979-3942
MLS#OC15004183MR
Cloud CMA
Listing Photos$3,649,000839 Glenmont AVE, Los Angeles
Scott McIntosh | Coldwell Banker | BRE number: 01759826 | Mobile: 310-500-6107 | www.scott-mcintosh.com | [email protected] | www.thewestwoodblog.com | 11999 San Vicente Blvd. Suite 100, LA CA 90049 | Office: 310-979-3942
MLS#OC15004183MR
Cloud CMA
More Listing Photos$3,649,000839 Glenmont AVE, Los Angeles
Scott McIntosh | Coldwell Banker | BRE number: 01759826 | Mobile: 310-500-6107 | www.scott-mcintosh.com | [email protected] | www.thewestwoodblog.com | 11999 San Vicente Blvd. Suite 100, LA CA 90049 | Office: 310-979-3942
Scott McIntosh | Coldwell Banker | BRE number: 01759826 | Mobile: 310-500-6107 | www.scott-mcintosh.com | [email protected] | www.thewestwoodblog.com | 11999 San Vicente Blvd. Suite 100, LA CA 90049 | Office: 310-979-3942
COMMUNITYCloud CMA
Area Restaurants$3,649,000839 Glenmont AVE, Los Angeles
Name Type Distance Rating
The Greenhouse American (New), Salad 0.13 mi 54 reviews
SEAS Cafe Cafes 0.37 mi 65 reviews
Garlo's Aussie Pie Shop Australian, Diners, Bakeries 0.47 mi 179 reviews
Tanzy Italian 0.49 mi 94 reviews
Panini Cafe Italian, Mediterranean 0.5 mi 271 reviews
Palomino American (New), Mediterranean 0.52 mi 985 reviews
800 Degrees Neapolitan Pizzeria Pizza, Italian 0.57 mi 1668 reviews
TLT Food American (New) 0.58 mi 588 reviews
Ike's Place Sandwiches, Vegan, Gluten-Free 0.59 mi 216 reviews
Mesa Brazilian Eatery Brazilian 0.62 mi 103 reviews
Native Foods Cafe Vegan, Vegetarian, American (New) 0.65 mi 919 reviews
In-N-Out Burger Fast Food, Burgers 0.66 mi 400 reviews
Fat Sal's Deli Delis, American (New), Burgers 0.66 mi 613 reviews
Bella Pita Middle Eastern, Sandwiches, Mediterranean 0.66 mi 485 reviews
Gushi Korean 0.66 mi 702 reviews
Emporium Thai Cuisine Thai, Vegetarian, Southern 0.66 mi 580 reviews
Scott McIntosh | Coldwell Banker | BRE number: 01759826 | Mobile: 310-500-6107 | www.scott-mcintosh.com | [email protected] | www.thewestwoodblog.com | 11999 San Vicente Blvd. Suite 100, LA CA 90049 | Office: 310-979-3942
INFOCloud CMA
What Are Your Homebuying Goals?With the dramatic rise and fall of housing prices over the last decade, consumers have new respect for homes asinvestments. But the flip side, is that your investment is still a home, one you’re likely to occupy for several years ormore.
OwnershipAccording to the annual Profile of Home Buyers and Sellers, compiled by the National Association of REALTORS®,the primary reason buyers cite for purchasing a home is simply the desire to own, followed closely by the desire formore space, and a change in the family situation.
For most people, buying a home is more about giving household members more comfortable living arrangements andputting them closer to jobs, favorite activities, other family and friends. What are your goals for buying a home? Youmight want a better home and neighborhood. You might want a different kind of living experience, such as movingfrom an apartment to a single-family home with a private garage and yard. Your family may be growing, so you haveto think about school districts and proximity to parks and other recreation.
If you’re not certain, you might think about what would change about your situation if you became a homeowner.You’ll definitely be more established. If you’re like most homebuyers, you expect to stay in your new home about 10years.
EquityYou’ll also build equity for yourself, instead of for someone else. Every payment you make, plus the rules of inflationwill eventually allow you to recoup most if not all of your investment, or make a profit when you sell. Affordabilitymay also be an important factor for you. The combination of low interest rates and low prices allows you to buy morehome for the money. Rents are rising, making ownership more affordable than renting in many areas, especially whenyou factor in tax incentives such as mortgage interest deductions and property taxes allowable as deductions againstyour income.
When you buy, make your goals long-term. Choose the home you think will serve your household’s needs the best forthe longest period of time, as it’s been proven that the longer you own a home, the more equity you’ll build. Today’smarket conditions and affordability, make it more likely that you will reach your homebuying goals, no matter whatthey are.
Scott McIntosh | Coldwell Banker | BRE number: 01759826 | Mobile: 310-500-6107 | www.scott-mcintosh.com | [email protected] | www.thewestwoodblog.com | 11999 San Vicente Blvd. Suite 100, LA CA 90049 | Office: 310-979-3942
INFOCloud CMA
How to Decide Which Home to BuyBuying a home is a long-term commitment. The home you buy should be affordable, yet offer the size, features andamenities you and your family want.
AffordabilityYour monthly payments should be comfortable for you to handle, in relationship to your total obligations, about 28% ofgross monthly income. Your house payment and your debts should not exceed 36% of your income, includingrevolving credit, student loans, and child support. You should also be in the correct loan for your needs. A fixed rate ismore expensive, but offers more protection than an adjustable rate mortgage that can reset to a higher amount, makingyour monthly payments higher.
Also, consider the monthly operating costs of the home including utilities, HOA fees, landscaping, commuting, andother costs.
LocationLocation is about convenience, and you’ll pay a premium to be closer to work centers, parks, shopping andtransportation. You can buy a smaller home, or you can buy a home in need of updates to get closer to where you needto be. Think about your commutes to frequent destinations, including jobs, schools, family and friends. To get “morehouse,” you may have to move further away from core city centers.
FeaturesMake a list of must-have features so you can narrow your home search. A front porch, a two-car garage, hardwoodfloors, and eat-in kitchen can all add to the enjoyment of your home. Just as important is how your home is designed.The number of bedrooms and baths should suit your household members, and the layout should suit your lifestyle. Ifyou like to entertain, you should have plenty of dining space and storage for dishes and cookware. If you frequentlywork at home, you’ll need a home office or at least a quiet designated workspace. Just make sure the home you chooseallows room for your family to grow.
Talk to your lender and see what you can qualify to buy, then talk with your real estate professional about the homeyou have in mind. With professional guidance, you should be able to find and buy the home of your dreams, whereyou’ll be happy for a long time to come.
Scott McIntosh | Coldwell Banker | BRE number: 01759826 | Mobile: 310-500-6107 | www.scott-mcintosh.com | [email protected] | www.thewestwoodblog.com | 11999 San Vicente Blvd. Suite 100, LA CA 90049 | Office: 310-979-3942
INFOCloud CMA
Making an OfferBefore you submit an offer, have your agent pull up the most recent sold comparables (CMA) within a reasonableradius of the home, so you can compare the home fairly in terms of location, size, features, and amenities. Next, askyour agent about market conditions, so you can choose a strategy.
StrategyIn a buyer’s market, discounts are common because there are fewer buyers, more properties for sale, and home pricesare soft or falling. In a seller’s market, homes sell quickly for full price or higher because there are plenty of buyers andfew homes for sale. Whether you are in a buyer’s market or a seller’s market, your goal is to buy the home at a fairprice. If you were the seller, what is the lowest possible price you’d accept?
RiskLow-balling the seller is risky. If the seller feels insulted by your offer, you’ve lost the opportunity to negotiate. On theother hand, some sellers are simply unrealistic about their home’s value. Maybe your offer will be their wake-up call. Ifthe seller’s home is offered at a reasonable price, pay asking price or close to it. A home priced to sell will sell quickly.
Is there a way to sweeten your offer with a quick closing or an all-cash sale? To show the seller you’re serious, includea copy of your lender’s pre-approval letter, along with a cover letter summarizing your strengths as a buyer in terms ofcreditworthiness, flexibility in closing, and why you love this home. Include a copy of your comparables to show whyyou feel your offer is a fair price for the property. If your offer is conditional, such as your need to sell another homebefore closing on the seller’s, you’ll have to find a way to sweeten the deal, such as a full-price offer. Few sellerswould accept a discount and a contingency at the same time.
RewardYour real estate professional will help you draft the offer with a price, estimated closing date, and terms, includingearnest money (a guarantee that you’ll perform as a buyer in good faith), final approval by your lender, and your rightto have an inspection. Once your offer is negotiated and accepted, your earnest money will be sent to the escrow agent'soffice. Now the inspections occur, and this is where the contract negotiations can break down. During the inspectionprocess, the inspector will tell you about the condition of appliances, heat and cooling systems, roofs, electrical andplumbing systems, etc, and if your future home is up to current city codes. You should only renegotiate a repair when itwasn’t obvious before, or when a system is unsafe or not functioning. Once the seller has agreed, your offer is now abinding contract, and you’ll proceed to closing.
Scott McIntosh | Coldwell Banker | BRE number: 01759826 | Mobile: 310-500-6107 | www.scott-mcintosh.com | [email protected] | www.thewestwoodblog.com | 11999 San Vicente Blvd. Suite 100, LA CA 90049 | Office: 310-979-3942
INTRO
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Scott McIntoshColdwell Banker
BRE number 01759826Mobile 310-500-6107Web www.scott-mcintosh.comE-mail [email protected] www.thewestwoodblog.comFacebook http://www.facebook.com/agentscottTwitter https://twitter.com/#!/theagentscottLinkedIn http://www.linkedin.com/in/agentscottAddress 11999 San Vicente Blvd. Suite 100, LA
CA 90049Office 310-979-3942
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Scott McIntosh | Coldwell Banker | BRE number: 01759826 | Mobile: 310-500-6107 | www.scott-mcintosh.com | [email protected] | www.thewestwoodblog.com | 11999 San Vicente Blvd. Suite 100, LA CA 90049 | Office: 310-979-3942