8 Steps TO BUYING A HOME with Jason Ma, PhD & Company

8/9/201910:45 AM(View: 14795)
8 Steps TO BUYING A HOME with Jason Ma, PhD & Company


nuttronmuiten-red  Step 1: Decide to Buy
The decision to purchase your first home is one of the biggest and best choices you could ever make. After all, a home is the largest - and most emotional - investment most people will face in their lifetime. So, how do you know if it's the right time for you to buy?

There is never a wrong time to buy the right home. The key is finding the right buy and taking the time to carefully evaluate your finances.

A home purchase is an important step that can provide many advantages. Purchasing your own home is a great investment that can deliver several financial benefits - equity build up, value appreciation, automatic savings plan - not to mention a new sense of pride!

Start looking at your options today. You don't have to know everything. Your is ready to help you through every step of the process.

 nuttronmuiten-red Step 2: Hire Your Agent

When you're looking for a real estate professional to help you, know that above all else, good agents put their clients first. This is your dream, and your agent is your advocate to help you make your dream come true.

A great real estate agent will:

  1. Educate you about the current conditions of the market.
  2. Analyze what you want and what you need in your next home.
  3. Co-ordinate the work of other needed professionals throughout the process.
  4. Guide you to homes that fit your criteria and budget.
  5. Negotiate on your behalf to get you the best deal possible.
  6. Check and double-check paperwork and deadlines.
  7. Inform and discuss with you, and suggest solutions to solve any problems that may arise.

nuttronmuiten-red Step 3: Secure Financing

To make the financing process as painless as possible, ask your agent to introduce you to the preferred financing consultant. This professional will work with you and your agent to make sure the financial aspect of your home purchase is stress free.

What will the consultant do for you?

  1. Review your current financials.
  2. Discuss the options available to you during the home purchasing process.
  3. Guide you to an appropriate price point.
  4. Negotiate on your behalf to get you the best deal - price, interest rates, loan approval.
  5. Keep you informed and updated of the entire financial process throughout your purchase.

nuttronmuiten-red Step 4: Find Your Home

So you've met with your trusted advisors, and now you're ready to begin your search. But how or where do you start? There are a lot of homes out there, and diving in without a guide can become overwhelming and confusing. Your Keller Williams agent will help you more accurately pinpoint homes that fit your criteria. The right home will meet all your important needs, and as many of your additional wants as possible.

Some questions you might ask yourself include:

  1. What amenities are crucial for you and your family?
  2. How much space do you need and why?
  3. Which is more critical: location or size?
  4. Would you be interested in a fixer-upper?
  5. How important is home value appreciation?
  6. Is neighborhood stability a priority?
  7. Is accessibility to main routes a priority?
  8. What features are not negotiable in your new property?

You'll learn as you look at homes, your priorities will probably adjust along the way.

nuttronmuiten-red Step 5: Make an Offer

Once you've found a home you love, the next step is deciding on a price. It's important to remember that a home is an investment. Your agent can give you information on other properties in the neighborhood to help you ensure you make an informed decision when it comes to price. Look to your agent to explain and guide you through the offer process.

Some things to consider when deciding on the best price point are:

  1. List price - Start with the price point that the home is listed at. This will give you a base when looking at the home's value.
  2. Market Analysis - Your agent will give you an idea of comparable home values in the neighborhood to help you decide if the price point is on par.
  3. Improvements - Your agent can give you a list of improvements made to the home and help you determine its market value.

nuttronmuiten-red Step 6: Perform Due Diligence

Your agent will provide you with improvements and challenges within your home. This way you'll know what you are getting into before you complete the purchase.

Knowing what work has and has not been done to your home is important information to have in the buying process. While updates can increase your home value, damages can take money out of your pocket. Your main concern is the possibility of structural damage, which can come from water, shifting ground or poor construction.

Very often a problem appears to be big but can be fixed with very little effort and not a huge budget.

nuttronmuiten-red Step 7: Close

Once you've determined a price point you're comfortable with, you're in the "home" stretch! But, in order to ensure that you don't put the property purchase at risk, you have a couple responsibilities that you'll need to keep in mind:

  1. Staying in control of your credit and finances - Do not make any large purchases during this time. It's important to keep your financials steady throughout the buying process. Talk to your financial consultant for guidance.
  2. Keeping in touch with your agent and financial consultant - It's important to stay in constant communication with your Keller Williams agent and financial guide during this process. Be sure to return all phone calls and complete paperwork promptly. Also, don't be afraid to ask questions. Your team is there to help you!

nuttronmuiten-red Step 8: Protect Your Investment

Congratulations, and welcome home! The home-buying process is complete, which means it's time for your maintenance plan! It's now your responsibility, and in your best financial interest, to protect your investment for years to come. Performing routine maintenance on your home's systems is always more affordable than having to fix big problems later. Be sure to watch for signs of leaks, damage, and wear.

And remember, just because the sale is complete, your relationship with your agent doesn't need to end! After you buy, your agent can still help you - providing information on the real estate market, finding contractors and repair services, and even tracking your home's current value.

Happy home-owning!


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2/10/2019(View: 10389)
Buying a home can often be a time-consuming undertaking - but it doesn't have to be. Want to speed up your purchase? Here's how: Act fast when there's a home you like. If you like a property, put in an offer that day. Get preapproved for your mortgage. This will speed up your loan approval. Have all your financial documentation organized for your preapproval.This should include recent bank account statements, pay stubs, W-2s, tax returns, etc. Respond quickly. When your agent needs your input or your loan officer requests something, respond immediately. Remember that any delays on your end will only delay your closing, so act with urgency and stay in touch.
1/19/2019(View: 11168)
If you're on the fence about buying a home, now's the time to hop off. With national rents at all-time highs, American renters are now paying more than ever to live on someone else's property. On top of this, renting also means: Less design freedom and flexibility Little privacy, peace and quiet Parking, space and storage issues Building equity for someone else (not yourself!) No long-term ROI or credit benefit, despite making on-time payments With rents only continuing to rise (meaning saving money for a down payment is getting harder), there's never been a better time to get out of the rent race.
1/19/2019(View: 9896)
Buyers selected outdoor space as an important feature in a home. About half of all buyers said that decks, patios and yard were required or desired. But guess what other home feature is far more important to buyers? Air conditioning! That's right, according to a massive annual consumer study from the Zillow Group, most buyers – 62 percent – want air conditioning in their homes. The good news is that 65 percent of all homes in the U.S. have central air conditioning while another 27 percent have individual air conditioning units. With those numbers, it's no surprise that keeping cool is more important to home shoppers than decks, patios and yards!
11/3/2017(View: 11652)
We love helping buyers find their dream home! That's why we work with each client individually, taking the time to understand their unique lifestyles, needs and wishes.
11/15/2017(View: 9422)
(Jason Ma, PhD & Company represented both Buyer & Seller) Extraordinary estate home with pool, cabana, full basketball court, and its very own private park in a secluded Garden Grove location. Situated on a tranquil 30,000 square feet lot, this exquisite estate features 6 bedrooms, 6 bathrooms, and a music room which boast 4300 square feet living space. Dramatic entryway leads to the beautiful atrium, formal family with oversize fireplace and formal dining room. Formal and private living with built in wet bar, perfect for entertaining. Gourmet kitchen with eat-in breakfast nook overlooking with the pool view. Spacious master suite with large retreat area, master bath with sunken tub and separate shower, lots of closets, patio door leads to private patio area accessible to the pool and backyard with panorama view of the the large swimming pool, basketball court, and the private park.
11/15/2017(View: 8870)
(Jason Ma, PhD & Company represented both Buyer & Seller) Beautifully remodeled Estate Home with Pool, Spa, and Built-in BBQ and its very own private driveway, located in the most desirable location of Garden Grove. Situated on a quiet and tranquil 20,540 square feet lot, this privately exquisite estate features a Main House with 5 Bedrooms, 5 Bathrooms, which boast almost 4,400 square feet living space. Entryway leads to the beautiful formal family and formal dining room. Formal and private living adjacent the gourmet kitchen, perfect for entertaining. Spacious master suite, master bath with tub and separate shower, lots of closets, patio door leads to patio area accessible to the pool and backyard with a beautiful view of the the large swimming pool, spa, and the private park.
11/15/2017(View: 13603)
(Jason Ma, PhD & Company represented both Buyer & Seller) Location, location, location!!! This tastefully & completely remodeled single family home is in the perfect location, it's truly in the heart of garden grove, minutes walking distance to the historic main street. This spacious and charming house is at the center of everything Garden Grove has to offer! This garden grove house features 4 bedrooms, 3 full baths, detached 2-car garage, mature fruit trees, and within walking distance to Euclid park, community center park, garden grove library, garden grove high school, coastline community college, California state university of Fullerton-satellite campus, concord university, civic center, church, police station, fire department, Costco, supermarket, restaurants and much more!!! Bonus feature: this property has 2 master bedrooms, and one of them has separate entrance, which could be used as a rental property.
11/20/2019(View: 5474)
This three bedroom end unit townhome features a ground level master bedroom with full bath leading out to a large patio. Custom wood staircase opens up to the living area with hardwood parquet flooring, open balcony, cozy fireplace and custom built-in entertainment nook. The spacious second bedroom with walk-in closet, laundry area and kitchen with gas stove and above-range microwave complete the second level. Spiral staircase leads to the only third bedroom on the top level with its own bathroom! The view from the upper balcony is a must see and a separate outside staircase makes the top level very private. Direct access 2-car garage, central air conditioning, scraped ceilings throughout, gated community with relaxing pool & spa and much more!!!
11/20/2019(View: 9681)
Large corner lot!4 bedrooms and 2 baths, in 2000+ sqft single story home. Spacious family room with cozy fireplace and large eating area for everyone to gather around the table. The backyard is ready for summer with a pool and slide! Tons of nearby parks and plenty of shopping.
11/20/2019(View: 4795)
This Beautiful Sunshine Home Resides On An Interior Cul-De-Sac, Offers Excellent Curb Appeal With Brick Accentries & Planters And Has Been Upgraded & Expanded With A Huge 400 Square Foot Family Room Addition With A Fireplace Plus Many Nice Upgrades Including; A Remodeled Kitchen w/Tile Counters & Center Island, Newer Cabinets & Appliances + Recessed Lighting, Hall Bath w/Tile Tub & Floor, Master Bath w/Tile Floor & Shower, New Fixtures & Granite Vanity, Bed's w/Ceiling Fans & Mirrored Closets, Laminate Flooring In Living Room, Hall & Dining Room, Textured Ceilings, Moldings, Dual Pane Windows, New Front Door, Newer Forced Air Heater & Ducting And A 9 Year Old Roof. The Back Yard Has A Patio, Grassy Area, Storage Shed & Block Wall Fencing. This Home Is Walking Distance To Schools, Parks, Shopping & Restaurants Plus Only A Few Miles To The Beach, A Must See!!!
11/20/2019(View: 5878)
Very hard to find Land Fee, not leased land! Great large open 1Bedroom + Upstairs loft(or possible 2 bedroom),stainless appliances, fireplace, cathedral ceilings in living room, 2 balconies (1 off master) alot of Storage area's/closets. Show and sell! Need 10%-20% downpayment minimum at this time.
11/20/2019(View: 4818)
No Assoc No Mello roos taxes $619900 WOW!!!!HOT Largest 4 BEDROOM ESTATE in Great Neighborhood, Alicia Knolls, and Location w/ great Open Kitchen to FR GREAT HOME for the BUCK!! also city Lights Views from Master. THREE CAR GARAGE!!!!!!! home is as is No Mello Roos seller will install flooring in top bathroom. Seller had leak fixed in living room they fixed the leak not the interrior so you can see not bad and not leaking.
11/20/2019(View: 4444)
Traditional Sale! Spectacular Garden Grove home located on a quiet cul-de-sac street. Open living room with stone fireplace and large windows that allow an abundance of natural light. The center of the home is a long and spacious kitchen with granite counter tops, stone back splash and plenty of cabinet space. Kitchen appliances include dishwasher, free standing gas range and a built in wine cooler. To the rear of the home is a family room with a cozy stone fireplace, wet bar and french windows that lead to the back yard. First floor also features a bedroom, guest bathroom, laundry area and recessed lighting throughout. Secong floor features 2 bathroom and 3 bedrooms with large walk-in-closets. This home is in move in condition.
11/20/2019(View: 3807)
Lovely home with 3 bedrooms, 2 baths, kitchen opens to family room. Large backyard with covered patio. 2 car garage and large driveway, on cul de sac street. Close to shopping, market, and schools. Seller is motivated. This is a standard sale, No bank owned, No short sale. Call Listing Agent for more details.
11/20/2019(View: 4217)
Looking for a new home? **This one is better**Everything is new and you don't have to pay Mello-Roos tax or HOA! Come see for yourself.EQUITY SALE. Incredible property. Best you have seen, I guarantee it. New kitchen, all of it, cabinets with pull-out shelves,lazy suzan, pantry with pull-out shelves, granite counters, garden window, large island. Impressive dining room. Large, open living room. Huge family room with marble fireplace. Open and very bright floorplan. New bathrooms. New windows. New sliders. Wood floors. Wood stairs. Crown moldings.Shutters.French doors.Double pane windows. Fans in all rooms.Mirrored closet doors. Recessed lighting. New garage doors. Entire house re-piped with new piping. Central air.Fantastic new hardscape front and back with designer pavers and planters.Huge yard,front and back. All this with superior location,very private. Close to parks, school, tennis, Laguna Hills community center. Low tax rate.
11/20/2019(View: 4216)
LOCATION LOCATION LOCATION! Great opportunity to live on this beautiful tree lined street in Fullerton, central to CSUF, Troy Tech, shopping, restaurants, freeways, etc. California cottage offering living/dining combination, sunny kitchen with breakfast nook, 3 bedrooms, back porch, central ait, 2 car detached garage PLUS covered parking. Nice, grassy back yard with fruit trees, room for pool.
11/19/2019(View: 7094)
(Jason Ma, PhD & Company represented Buyer) Original Owners! This home has an open floorplan with 4 bedrooms, dining room, family room, living room with fireplace. Single story, lovely curb appeal, and landscaped backyard. The original owners have taken care of this home, however it needs updating. This could be a real gem with a little work! You will love the south Chino neighborhood and perfect location. A quiet area and well kept homes. Close to good schools and conveniently located near The Shoppes at Chino Hills. This one is a winner!
11/19/2019(View: 6550)
(Jason Ma, PhD & Company represented Buyer) Beautiful upgraded home with new roof, new exterior paint, new two tone interior paint, scrapped ceilings, new fixtures throughout. Kitchen and baths have been upgraded. Beautiful porcelain tile and new plush carpet. Super lot with side yard and tree lined rear yard. This is really a fine home at a great value. No need to preview just go.
11/19/2019(View: 6432)
(Jason Ma, PhD & Company represented Buyer) STANDARD SALE!! In the heart of Little Saigon,5 minutes walk to Bolsa Ave. The fourth Bedroom built in 1975 permitted.Big cover patio at backyard built 1998 permitted.the price is low in the same region and neighborhood. Sellers are very nice, will answer all of resonable offers.
11/19/2019(View: 8650)
(Jason Ma, PhD & Company represented Buyer) Quiet, peaceful, highly desirable neighborhood, hardwood floors in living room and bedrooms spacious kitchen with island, tile in kitchen and hallway, theater lighting (with dimmers) in living room, recessed lighting in kitchen and living room, convenient side entry by driveway for easy access to house, 2 permanent, entertaining bars with storage underneath,pool fence (removable if desired), epoxy, pebble stone on back patio (all around pool, larger than average sparkling pool, Hass AVOCADO tree in back providing lots of shade, lemon/orange tree in back, grapefruit tree in front, concrete, stucco-ed planters in back, planter around the front of house, plenty of space for landscaping, extra long driveway for extra cars, large side area for trash bins, new windows,half a block away from designated elementary school, close to shopping center and theater, This home is NOT a short sale nor bank owned.
11/18/2017(View: 6099)
(Jason Ma, PhD & Company represented Buyer) Very hard to find Land Fee, not leased land! Great large open 1Bedroom + Upstairs loft(or possible 2 bedroom),stainless appliances, fireplace, cathedral ceilings in living room, 2 balconies (1 off master) alot of Storage area's/closets. Show and sell! Need 10%-20% downpayment minimum at this time.
11/15/2017(View: 5408)
(Jason Ma, PhD & Company represented Buyer) Home Sweet Home! This 4 bedroom 3 bath home offers Large living room with a fireplace, formal dinning area with french doors leading out, and breakfast nook. One bedroom located downstairs with full bathroom. 3 bedrooms located upstairs large master bedroom and large closets. Plenty storage space in all rooms. Your blank canvas awaits....
11/15/2017(View: 10158)
(Jason Ma, PhD & Company represented both Buyer & Seller) This beautiful & completely turnkey, ground floor end unit, 2Bedrooms/2baths condominium is right in the heart of Fountain Valley. This newly remodeled cozy condo, with two master suites, has newer furnace and newer high efficiency air conditioning, a fresh coast of paint, newer appliances. Both bathrooms have received a complete makeover with newer vanities, newer sliding glass doors, and recessed LED lighting. The kitchen has also been remodeled with exotic granite countertops with bar seating for 4 people, perfect for entertaining friends. A newer stainless steel sink, newer garbage disposal, and of course, recessed LED lighting. In-unit washer/dryer, which are included. One-car detached garage. The HOA boasts a tranquil and quiet pool to relax and unwind. This amazing condominium is surrounded by top notch schools, i.e. Masuda Middle School (rating 10), and Fountain Valley High School (rating 10)!