Are you purchasing your home in South Bay & Palos Verdes? Larissa Rubijevsky can help.

Buying a home is intimidating for most people, but it's not very hard with a little up-front planning. So they understand exactly what they can expect, I'll give buyers a road map of the entire deal. Below are my nine steps to buying a home. When you're ready to get started, just contact me here or e-mail me at . I'm happy to address any questions you have regarding this information.

Step 1 – Prepare to buy a home
There are a lot of things you need to contemplate before you search for a home. When you begin your search, you'll want to assemble an outline of features you need to have, get a plan of what neighborhoods you want to live in, and start planning your budget. Ensuring your mortgage payment is no more than a third of your monthly income is a good principle to go by.

Step 2 – Communicate with a real estate agent in South Bay & Palos Verdes
This is where Larissa Rubijevsky can help. I'd be happy to set up a time to meet with you and speak with you regarding your real estate needs and get an idea of your upcoming plans. We'll discuss neighborhoods, schools in the South Bay & Palos Verdes area, the mortgage industry, and any other economic factors that might affect your purchase today or in the future.

I can also help you get started on your loan. I work with some of South Bay & Palos Verdes's finest mortgage professionals, so you can rest assured that you're in great hands. They will help you figure out which kind of loan is best for you, as well as help you get approved.

Step 3 – Start your search
After we meet, I'll start finding homes on the market that are a good fit for you. I'll preview most of the homes and reject the bad ones, and then we'll book appointments to tour the homes when it's convenient for you.

When we tour homes, I'll show you the positive features and negative ones. I'll also ask you to tell us about things you like and dislike. As a rule, buyers change their wish list as we view homes and some items become more important than others. If that's the case, I'll go back through all the listings another time and narrow it down to the home you've been dreaming about.

Step 4 – Get a grasp of the market
An agent's understanding of the South Bay & Palos Verdes housing market is a fundamental aspect in your house search. And I assure you I'm acquainted with all the neighborhoods and schools, and I'll let you know what areas are "hot" and warrant prompt action and the ones that are "cool" and allow for thoughtful consideration.

As we tour houses, I'll let you know if the seller's asking price has room for bargaining or if I believe the home is "priced to sell." Trust your instincts and be sure to ask your agent lots of questions, as every REALTOR will claim to understand the market. If things don't add up, call me at or e-mail me at , and I'll be glad to answer any questions you may have. My market knowledge will keep you a step ahead through the entire deal.

Step 5 – Find your dream house
We'll find your dream house in South Bay & Palos Verdes, and when we do, I'll meticulously create your real estate purchase offer. The offer will be tailored keeping your needs in mind and the home, including a lot of contingencies. A few examples are getting financing, completing the home inspection, and a clean title.

When presenting your offer, you'll want to submit "earnest money." This is a cash deposit given to a home seller to secure an offer to buy the property, and it's typically put towards the cost of closing. If the offer is accepted, we should close on the home about 30 to 60 days after. This allows sufficient time for your mortgage financing.

Step 6 – Negotiate the deal
A lot of contracts aren't closed on the initial offer, and it's very common to receive a counter offer. But don't let this intimidate you. We'll talk over whether or not to accept the counter offer, submit our own counter offer, or decline the seller's offer and move on.

How aggressively we negotiate the deal depends on market conditions. We'll also work within your financing constraints. And at the end of the day, we'll formulate a deal that's best for you.

Step 7 – Get financing
After the deal is finalized, you'll begin working with your lender to close the loan. If you're pre-approved, it won't be a long process at all, but you need to stay in close contact with your mortgage lender. And I'll deal with all the property information your lender will need to close the loan.

Step 8 – Close the deal
Your mortgage lender will provide you with a Loan Estimate (LE) of your closing costs within three days of getting your application. You'll get a Loan Estimate (LE) of your closing costs from your lender within three days of receiving your loan application. This estimate rests on the loan amount, and RESPA requirements require that it has to include all closing costs and be within a close range of accuracy. I'll study the estimate and let you know if everything looks permissible.

Then we'll close on your home. This should happen at a title company or escrow office and will most often be a smooth and calm occurrence.

Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you need anything, be sure to contact me at or e-mail me at .