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The Purchasing Process

Mobile Home Purchasing Process

A house is a financial asset. But it's more than just an asset, it's a place to call home and raise children or grandchildren; it's a plan for the future; it's an investment in your community. Your future home maybe the single largest purchase of your lifetime and that’s why it’s very important to learn as much as you can about the process of buying a home before you begin.

Knowledge is said to open doors. This is literally true when it comes to buying a home. To become a first-time homebuyer, you need to know where and how to begin the homebuying process. Informed buyers also tend to save money and avoid last minute hassles. Here are a few things to consider before getting started:

Costs:

Be sure to evaluate all of the costs of homeownership, including land rental (or purchase), financing charges, insurance, taxes, maintenance and more. As your realtor, I can help you to draw up an estimate of all of these monthly costs. Find out how much homes are selling for in certain areas. As your Realtor, I can provide you with these figures by showing you comparable home sales and listings in the parks or communities you are considering.

Decide What You Want:

Your home should fit way you live, with spaces and features that appeal to the whole family. Before we begin looking at homes, make a list of your priorities - things like location and size. Should the house be close to certain schools? Your job? How large should the house be? What type of lot do you prefer? What kinds of amenities are you looking for? Establish a set of minimum requirements and a 'wish list." Minimum requirements are things that a house must have for you to consider it, while a "wish list" covers things that you'd like to have but aren't essential.

Choose a community that will allow you to best live your daily life. Many people choose communities based on location. Is access to local facilities like shopping centers or freeway access important to you? Or do you prefer the peace and quiet of a rural community?

Making an offer:

When using a qualified realtor like myself, you have access to use of forms that have been developed with legal counsel, and are excellent for covering all aspects of your purchase transaction. We will sit down together, and complete an offer that will be presented to the owner and the owner's agent. The owner, in turn, may accept the offer, reject it or make a counter-offer.
Because counter-offers are common (any change in an offer can be considered a "counter-offer"), it's important to remain in close contact with me during the negotiation process so that any proposed changes can be quickly reviewed.
Escrow:
You may be asking yourself, What exactly Is “Escrow”? Escrow is defined as the deposit of instruments and funds with instructions to a third neutral party (Escrow Agent/Escrow Holder) to carry out the provision of an agreement or contract. When all of the paperwork and monies are deposited to the Escrow Holder to enable them in carrying out the instructions, it is called a complete escrow and title can be transferred.
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