To Buy

To Buy

Owning real estates is arguably one of the least risky ways to build equity and to obtain greater returns on your initial investment. However, before you purchase a property, you must figure out one thing. Why do you want to buy? You dislike paying rent? You are looking for an investment portfolio? You want to move to a different environment? You want to lease to make some extra income? And there are many other reasons but knowing WHY will save you time and money.


Knowing your financial situations will help you to know the type of properties you are able to purchase and what you can leverage. We are always happy to provide free consultations to our clients.

A list of things that will help you make your decision. Gather as many as possible.

Bank account balances, bank statements, recent pay stubs, tax returns (two years), investments, auto loans, 401K statements, life insurance, stocks, bonds, mutual funds, etc.…

You would also need an updated credit report. If you are financing, you credit score has a huge impact toward your finance. The recommended credit reporting agencies to use are Equifax, Experian, and TransUnion.


Find a real estate agent that listens to your needs and that you feel comfortably to work with. Purchasing a property could take up to few months, it is important to find someone that you like to work with. We commend the agent is responsible, knowledgeable and result oriented and we highly recommend our company’s agents.


Once you are clear which property is best to your needs, have your agent schedule a tour with you. We highly recommend our clients also take a tour themselves different times during the day. Explore the areas you like. Grab a drink or have some food. Important tips: relax, enjoy and have fun.


Once you chose a property, your agent submits an offer letter for you, whether your offered price or any contingencies. The property will execute through an agreement between you and the seller.


Once both parties signed the agreement, there will be a legal arrangement between you and the property’s seller. And here are some important tips to keep in mind during the process.

#1. The initial deposit. (Keep all written records)

#2. Know your closing agent (either an attorney or a title company)

#3. Find a licensed and experienced property inspector (finish inspection during the agreed time frame, and if anything, negotiate until both parties are satisfied with the agreements)

#4. Hold title (consult with a tax advisor to find out the best way to hold the title for you)

#5. Association approval (most association require a certificate of approval before move-in)

#6. Property Insurance and Warranty (consult which is best recommended to your property, this will help you save money)

Along the way, your agent will guide you through the process and keep you updated constantly, so you will always be prepared for the next stage.


Before or during the day of closing, you are eligible to do a final inspection of your purchasing property, making sure the property functions the way as inspected and agreed, also make sure no item that is left behind.


There is a list of things you may need to reactivate for the new property owner. You may ask your agent for any assistance. Our company will always be ready to provide best knowledge and guidance to our clients.


The closing agent will provide all parties involved with a settlement statement. The statement summarizes the detailed financial transactions enacted in the process. Both buyer and seller will sign the settlement as well as the closing agent to certify its accuracy. If you are obtaining financing, you will have to sign all pertinent documentation required by the lending institution. To close final transaction, you can choose to either have the funds wired electronically into the closing agent’s escrow account or bring a certified bank check to the closing in the amount specified on the settlement statement. The seller at the same time, will give out all property keys and any other important information for you at the closing.