Clairemont Realtor, Janett Lewis, explains how to get an offer accepted.

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http://www.janettlewis.com/ Clairemont Realtor, Janett Lewis, Explains how to get an offer accepted in San Diego.

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Clairemont Realtor, Janett Lewis, explains how to get an offer accepted.

  1. 1. HOWTO GET AN OFFER ACCEPTED IN SAN DIEGO
  2. 2. 4 ITEM OFFER SUBMISSION 1. Residential Purchase Agreement 2. Earnest Money Deposit 3. Pre-approval from a Lender 4.Verification of Funds
  3. 3. RESIDENTIAL PURCHASE AGREEMENT This contract outlines what you are offering It includes purchase price, amount of deposit, if you are asking for closing costs, length of inspections and much much more! Have your agent email you a blank copy so you can get familiar with the contract. Remember this is just an offer.You still have 17 days to due diligence and inspect till your heart’s content!
  4. 4. EARNEST MONEY DEPOSIT This is a good faith deposit. It shows you are serious about this property. If your offer is accepted you will have 3 days to get this money to escrow. It should be a minimum of 1% of the purchase price.The more you make this check, the more serious your offer looks. You can make it out to ________ Escrow and send a picture of it to your Real Estate Agent.
  5. 5. PRE-APPROVAL FROMYOUR LENDER Your lender will supply you with a pre-approval form. After you submit your personal financial information to him/her to get this approval. Your pre-approval should be submitted with your offer. Most listing agents wont consider an offer without one of these.
  6. 6. VERIFICATION OF FUNDS You will need to show where the down payment is coming from. This can be a bank statement, a letter from your bank, IRA statements or a statement from any other investment accounts in your name. If a relative is gifting you the downpayment you will need a letter from them and possibly verification of their funds.
  7. 7. LET’S RECAP! 1. Residential Purchase Agreement 2. Earnest Money Deposit 3. Pre-approval from a Lender 4.Verification of Funds
  8. 8. CALL JANETT LEWIS AT 858-717-0070 WITH ANY QUESTIONS!
  9. 9. YOU ARE NOW READYTO GET THAT OFFER ACCEPTED!
  10. 10. ~Barbara Corcoran~ “A funny thing happens in real estate.When it comes back, it comes back up like gangbusters.”

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