July 12, 2025 Breaking News, Latest News, and Videos

Tips For A Smooth Home Purchase Process:

Prospective buyers often ask about what actions they should take to assure a successful purchase process with the least amount of stress or pressure.

The following tips will assure a smoother process from start to finish:

• Pre-qualify for financing. It may be beneficial to talk with one or two potential sources of financing and be pre-qualified to have a solid understanding of what you may be approved for in a loan.

• Find an experienced agent you feel a good rapport with and have confidence in based upon several years of working with buyers in the area you are interested in.

• Find a home after first carefully assessing your wants and needs, and working closely with your agent to help you find the most ideal fit to your lifestyle.

• Review the market values of homes most comparable with your agent.

• Negotiate the most favorable terms and conditions for a purchase and keep track of your long-range purpose, which is to enjoy a home not just obtain an asset.

• Begin the loan application process, and provide your loan officer with all of the information requested as soon as possible.

• Perform as many inspections as are recommended to learn as much about the property condition as you can.

• Resolve any issues or serious concerns with the seller in a fair manner.

• Be sure your agent is involved in the appraisal process.

• Provide all lender-closing conditions requested by the loan underwriter.

• Schedule and do a final walk-through to approve the property condition prior to signing the loan documents.

• Arrange for all utility transfers in advance.

Once you have begun the purchase process, do not do any of the following:

• Don’t change jobs or employment status.

• Don’t make any large purchases such as a car or furniture.

• Don’t be late on credit card payments.

• Don’t run any additional credit reports.

• Don’t make any large deposits or withdrawals.

• Don’t forget any liabilities or debts in your loan application.

All escrows have the possibility of surprises and challenges, but by following these suggestions, the challenges can be minimized and thus assure a less stressful process.

Michael Edlen of Coldwell Banker has been working with buyers and sellers on the Westside for 25 years and provides confidential counseling services with no obligation. More tips and information are available on MichaelEdlen.com. He can be reached at 310.230.7373 or Michael@MichaelEdlen.com.

in News
<>Related Posts

Downtown Santa Monica CEO Andrew Thomas to Step Down

July 11, 2025

July 11, 2025

Thomas, who rejoined DTSM, Inc. in 2022, oversaw the introduction of a private security program, expanded homeless outreach, and boosted...

Conservancy to Tour Historic Miles Playhouse at State of the City Event

July 11, 2025

July 11, 2025

Built in 1929, the Miles Playhouse serves as the centerpiece of Lincoln Park The Santa Monica Conservancy will offer 15-minute...

Sen. Ben Allen Highlights Challenges, Economic Gains for LA28 Olympics

July 11, 2025

July 11, 2025

The remarks came during the first informational hearing of the Senate’s Special Committee on International Sporting Events State Sen. Ben...

(Video) Summer Camp at School of Rock West LA Turns Kids Into Rockstars

July 11, 2025

July 11, 2025

To Sign Up Now, Go To Schoolofrock.com Summer Camp at School of Rock West LA Turns Kids Into Rockstars To...

L.A. Louver Marks David Hockney’s 88th with Exhibit

July 11, 2025

July 11, 2025

Hockney, a British artist born in 1937, gained fame with the British Pop Art movement and later became known for...

Suspect Arrested in Shoe Retail Theft Spree Across LA County

July 11, 2025

July 11, 2025

During the search, police recovered two firearms and a significant quantity of merchandise The Los Angeles Police Department’s Organized Retail...

Suspect Arrested in Santa Monica Pier Arson Incidents

July 10, 2025

July 10, 2025

The suspect, matching video footage from an arcade, was taken into custody Santa Monica Police Department officers arrested a suspect...

SMPD Launch New Recruitment Website Amid High Vacancy Rates

July 10, 2025

July 10, 2025

The site features multimedia content, including day-in-the-life videos and officer profiles, highlighting the impact of serving the community The Santa...

Father-Daughter Authors to Host Book Signing to Aid Fire-Affected Women

July 10, 2025

July 10, 2025

Ten percent of proceeds from book and art sales will benefit the Pacific Palisades Rebuilding Fund, a nonprofit initiative created...

Metro Reports Crime Drop, Higher Rider Satisfaction, and Progress on Major Projects

July 9, 2025

July 9, 2025

The Authority said the drop in violent incidents—down to the lowest level since May 2019—coincided with more uniformed personnel and...

Santa Monica Joins Regional Lawsuit to Halt Unconstitutional ICE Raids

July 9, 2025

July 9, 2025

The motion to intervene seeks to ensure that Santa Monica and other plaintiff-intervenors can advocate for their residents’ rights in...

Promenade Restaurant Introduces Lunch Menu Set at $18 Per Person

July 9, 2025

July 9, 2025

The fixed $18 price point targets commuters and those seeking a power lunch or a change of scenery The restaurant...

Santa Monica Council Votes in Support of Park-Centric Future at Airport Site

July 9, 2025

July 9, 2025

The decision followed a contentious meeting with over 140 public speakers and more than 1,000 emails received by the council...

Housing for Health Chief Appointed to Lead Unified Homeless Services Department

July 9, 2025

July 9, 2025

Veteran Housing Advocate to Oversee Streamlined LA County Services The Los Angeles County Board of Supervisors on Tuesday confirmed the...

‘Adoptapalooza’ Pet Adoption Festival Returns to Main Street This Weekend

July 9, 2025

July 9, 2025

The free, family-friendly event aims to connect adoptable animals with new owners Green Dog Dental & Veterinary Center will host...