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Buyer Tour PREPARED FOR Westwood Homes Open House March 16th 2014 MARCH 16, 2014

Westwood Homes Open House March 16th, 2014

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This buyer tour booklet lists all the homes open in Westwood on Sunday March 16th, 2014.

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Cloud CMA

Buyer Tour

PREPARED FOR

Westwood Homes Open House March 16th2014

MARCH 16, 2014

LISTINGSCloud CMA

Map of All Listings

MLS # Status Address Price

1 14741471 A 441 DALEHURST AVE, Los Angeles $3,195,000

2 14738197 A 11231 HOMEDALE ST, Los Angeles $2,539,000

3 14733319 A 11150 W SUNSET BLVD, Los Angeles $2,299,000

4 14743999 A 10715 ROCHESTER AVE, Los Angeles $2,195,000

5 14737291 A 1902 MIDVALE AVE, Los Angeles $1,999,000

6 14743787 A 2341 MIDVALE AVE, Los Angeles $1,988,000

7 14741073 A 10392 TENNESSEE AVE, Los Angeles $1,895,000

8 14735497 A 2227 CAMDEN AVE, Los Angeles $1,599,000

9 14740485 A 2144 MIDVALE AVE, Los Angeles $1,475,000

10 14734205 A 2254 OVERLAND AVE, Los Angeles $1,099,000

Status: A = Active

MLS#14741471

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Property Details

$3,195,000441 DALEHURST AVE, Los Angeles

Courtesy of Eklipse Real EstateLISTING INFORMATION

MLS#: 14741471 Beds: 4 Sq Ft: 2,822 List Date: Mar 12, 2014

Status: Active Baths: 2/1/1/0 Year Built: 1966 DOM: 4

FEATURES

Status details: Active; Appliances: Dishwasher,Refrigerator,Washer; Floors: Carpet; Cooling: AirConditioning,Central A/C; Heating: Central Furnace; View: No View; TB map code: 632C1; Zoning: LAR1;Patio: Brick; CDOM: 4; Lotsize: 7273;

REMARKS

Charming two story traditional home on Dalehurst Ave in the Warner school district in prime Little Holmby. ThreeBedrooms upstairs, and one bedroom downstairs (potential maid's room). The Kitchen and dining room open up tothe back yard patio area with a pool, perfect for entertaining family and friends. This very well maintained home isthe perfect opportunity to move onto one of the most desirable streets in Little Holmby and customize it accordingto your own taste and needs.

Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.

MLS#14741471

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Listing Photos

$3,195,000441 DALEHURST AVE, Los Angeles

MLS#14738197

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Property Details

$2,539,00011231 HOMEDALE ST, Los Angeles

Courtesy of Coldwell Banker-BH SouthLISTING INFORMATION

MLS#: 14738197 Beds: 5 Sq Ft: 3,396 List Date: Feb 19, 2014

Status: Active Baths: 4/0 Year Built: 1948 DOM: 25

FEATURES

Status details: Active; Appliances: Dishwasher,Dryer,Garbage Disposal,Refrigerator,Washer; Kitchen: Pantry;Floors: Carpet,Hardwood,Tile (N); Assoc amenities: None (N); Cooling: Other; Heating: Central Furnace;View: Tree Top View; TB map code: 631H1; Zoning: LAR1; Patio: Covered Porch,Enclosed; CDOM: 59;Number of units: 1; Lotsize: 6513;

REMARKS

Rare opportunity! The ultimate home in the Warner school district. This quintessential 5-bedroom modernmasterpiece is located in the exclusive Westwood Hills community. The comfortable and flowing open flr plan makesthis the ideal home for indoor/outdoor entertaining, and can accommodate intimate gatherings as well as the largestparties and events. Enormous dine-in Mark Wilkinson custom kitchen, rojo alicante marble island, and a fabulousdining room accommodating the largest of dinner parties. The bright and open media/fam rm is graced by vaultedceilings, floor-to-ceiling bookcases, a fireplace, and Pella picture windows, and opens to a fully landscaped yard withpool, BBQ island, and Subzero outdoor refrig. Sophisticated home office/guestroom w treetop views and full bath ensuite. Two wood-burning fp, custom Viking pro range and Subzero refrig., covered lounge area, endle...

Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.

MLS#14738197

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Listing Photos

$2,539,00011231 HOMEDALE ST, Los Angeles

MLS#14738197

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$2,539,00011231 HOMEDALE ST, Los Angeles

MLS#14733319

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Property Details

$2,299,00011150 W SUNSET BLVD, Los Angeles

Courtesy of Coldwell Banker-BH SouthLISTING INFORMATION

MLS#: 14733319 Beds: 4 Sq Ft: 2,474 List Date: Jan 29, 2014

Status: Active Baths: 1/2/1/0 Year Built: 1951 DOM: 46

FEATURES

Status details: Active; Floors: Carpet,Hardwood,Other; Cooling: Central A/C; Heating: Central Furnace;View: No View; TB map code: 631J1; Zoning: LAR1; Patio: Patio Open; CDOM: 46; Number of units: 1;Lotsize: 13048;

REMARKS

WALLED AND GATED REDONE 1STY TRADITIONAL W/A CHIC CONTEMPORARY FLAIR. HI CLNGS,MOULDINGS, & DARK WD FLRS. 4BD (2 POSS MASTERS). GORGEOUS BATHS. FANTASTIC CENTER-ISLEKITCH. QUALITY FINISHES THROUGHOUT. 'GREAT' RM & FAM RM OPEN TO PATIOS, BIG GRASSYYARD, & GARDENS. MASTER SUITE W/BIG WALK-IN/LUXE BA. TREMENDOUS OFF-STREET PARKING.PERFECTLY POSITIONED ON FAMED SUNSET BOULEVARD.

Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.

MLS#14733319

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Listing Photos

$2,299,00011150 W SUNSET BLVD, Los Angeles

MLS#14743999

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Property Details

$2,195,00010715 ROCHESTER AVE, Los Angeles

Courtesy of Partners Trust Beverly HillsLISTING INFORMATION

MLS#: 14743999 Beds: 4 Sq Ft: 2,431 List Date: Mar 13, 2014

Status: Active Baths: 4/0 Year Built: 1940 DOM: 3

FEATURES

Status details: Active; Appliances: Dishwasher,Garbage Disposal,Refrigerator; Kitchen: Pantry; Floors:Carpet,Hardwood,Tile (N); Cooling: Air Conditioning,Central A/C; Heating: Central Furnace,Forced Air;View: City Lights View,Mountain View,Tree Top View; TB map code: 632C3; Zoning: LAR1; Patio: CoveredPorch,Patio Open; CDOM: 3; Lotsize: 6833;

REMARKS

Stunning 2-Story Cape Cod designed by master architect John Byers (c.1941). Flooded with natural light anddesigned with sophistication. Wonderful floor plan for entertaining with French doors opening to one ofWestwood's best backyards with an expansive covered patio for poolside dining and lounging, brick fire pit, BBQarea, sparkling pool and large flat grassy area. An exquisite interior to match this home features 4 bedrooms, 4 bathswith upstairs family room. Bright open kitchen with Wolf range, Subzero refrig, wine refrig, and soapstone countertops. Upstairs showcases the dramatic master suite and 2 additional en-suite bedrooms flank the sun filled familyroom. Additional features include gorgeous dark hardwood floors throughout, Century City lights and treetop views,integrated interior and exterior sound system, security system with alarm screens, extensive art lighting, ...

Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.

MLS#14743999

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Listing Photos

$2,195,00010715 ROCHESTER AVE, Los Angeles

MLS#14743999

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$2,195,00010715 ROCHESTER AVE, Los Angeles

MLS#14737291

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Property Details

$1,999,0001902 MIDVALE AVE, Los Angeles

Courtesy of RE/MAX ESTATE PROPERTIESLISTING INFORMATION

MLS#: 14737291 Beds: 5 Sq Ft: 3,100 List Date: Feb 14, 2014

Status: Active Baths: 3/0 Year Built: 2014 DOM: 30

FEATURES

Status details: Active; Appliances: Dishwasher,Garbage Disposal,Gas Dryer Hookup,Refrigerator; Interior:Laundry - Closet Stacked; Floors: Wood; Cooling: Central A/C; Heating: Central Furnace; View: No View;TB map code: 632B5; Zoning: LAR1; CDOM: 30; Number of units: 1; Lotsize: 7441;

REMARKS

STYLISH, MINIMALIST, AND TECH-SAVVY. STEP INTO THE FUTURE WITH A RARE OPPORTUNITY TOOWN THIS MODERN NEW CONSTRUCTION ON THE WESTSIDE. INTRODUCING THE PROTO HOME -A MUST-SEE INNOVATIVE AND EFFICIENT SMART HOME WITH TOO MANY SPECIAL FEATURES TOLIST HERE! 5BD, 3BA, WITH A 2 CAR GARAGE, IT'S A SPACIOUS 3100 SQ. FT., SURROUNDED BY SERENELANDSCAPING AND A SPACIOUS PRIVACY-FENCED YARD. LARGE WINDOWS ON ALL SIDES OF THEHOUSE OFFER UNMATCHED NATURAL LIGHT. SUSTAINABLE MATERIALS, STAINLESS STEEL MIELEAPPLIANCES, GAS FIREPLACE, MASTER WITH A WALL THAT OPENS INTO A LOFT-STYLE VIEW OVERTHE LIVING SPACE. THE UNIQUE PROTO CORE ROOM HOUSES ALL THE HOME'S MECHANICAL ANDPLUMBING SOURCES FOR THE ULTIMATE SIMPLICITY IN MAINTENANCE. 1 BLOCK TO STARBUCKS,PET-CO, AND NUMEROUS WESTWOOD SHOPS AND RESTAURANTS.

Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.

MLS#14737291

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Listing Photos

$1,999,0001902 MIDVALE AVE, Los Angeles

MLS#14737291

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$1,999,0001902 MIDVALE AVE, Los Angeles

MLS#14743787

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Property Details

$1,988,0002341 MIDVALE AVE, Los Angeles

Courtesy of Teles Properties, Inc.LISTING INFORMATION

MLS#: 14743787 Beds: 5 Sq Ft: 2,834 List Date: Mar 13, 2014

Status: Active Baths: 4/0 Year Built: 1925 DOM: 3

FEATURES

Status details: Active; Appliances: Dishwasher,Washer; Kitchen: Pantry; Floors: Bamboo,Tile (N); Cooling:Central A/C; Heating: Central Furnace; View: No View; TB map code: 632C6; Zoning: LAR1; Patio:Covered Porch,Patio Open; CDOM: 3; Lotsize: 6483;

REMARKS

2014 custom major rebuilt & expanded 5 bed/4 ba Traditional w/ contemporary finishes & ideal single-levelfunctional floorpln for modern living. Picket fence surrounds newly landscaped yard w/ arbor entrance. Naturallight thruout center crtyd design including Fleetwood multi-panel doors opening to LR, kitchen & DR, offering idealindr/outdr flow ideal for entertaining & al fresco dining. Clean lines in oversized kitchen w/ Caesarstonecountertops w/ center island incldg bfast bar, walk-in pantry, Sub-Zero refrigerator, 6-burner Wolf range/oven. RearFR off kitchen & DR w/ french drs to covered deck & yard.Rear master suite with incredibly spacious walk- in closet.Spa like master bath w/ dual basins, separate bath & shower. 3 bdrms w en-suite full bthrms. Features includecathedral ceiling in LR, skylights, crown molding, all new 4-zone central a/c/heat, copper plmbing, 200-amp elec,...

Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.

MLS#14743787

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Listing Photos

$1,988,0002341 MIDVALE AVE, Los Angeles

MLS#14743787

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$1,988,0002341 MIDVALE AVE, Los Angeles

MLS#14741073

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Property Details

$1,895,00010392 TENNESSEE AVE, Los Angeles

Courtesy of Keller Williams Rlty BrentwoodLISTING INFORMATION

MLS#: 14741073 Beds: 5 Sq Ft: 4,217 List Date: Mar 2, 2014

Status: Active Baths: 6/0 Year Built: 2008 DOM: 14

FEATURES

Status details: Active; Appliances: Dishwasher,Garbage Disposal; Floors: Hardwood,Marble; Cooling: CentralA/C; Heating: Central Furnace; View: No View; TB map code: 632E4; Zoning: LAR1; CDOM: 14; Lotsize:5818;

REMARKS

Stylish, custom built 4200 Sqf. Mediterranean home. Five Bedrooms, six Baths. Soaring ceiling foyer. Open floorplan leads to a cozy family room with fireplace & an inviting gourmet kitchen with granite counter top chef's islandand breakfast area. Entertaining large patio and backyard with fruit trees. Gorgeous hardwood floors with designedmarble throughout the house. One guest suit/office & powder room in the first floor. Second floor has a sitting area,laundry room, three bedroom suits, and a huge master bedroom with sitting area and fireplace, large terrace, his andher closet and luxurious oversize tub and shower. A must see!

Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.

MLS#14741073

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Listing Photos

$1,895,00010392 TENNESSEE AVE, Los Angeles

MLS#14735497

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Property Details

$1,599,0002227 CAMDEN AVE, Los Angeles

Courtesy of Coldwell Banker-MontanaLISTING INFORMATION

MLS#: 14735497 Beds: 4 Sq Ft: List Date: Feb 6, 2014

Status: Active Baths: 3/0 Year Built: 1927 DOM: 38

FEATURES

Status details: Active; Appliances: Dishwasher,Dryer,Refrigerator,Washer; Floors: Carpet,Hardwood,Tile (N);Roof: Shingle; Cooling: Central A/C; Heating: Central Furnace; View: No View; TB map code: 632C6;Zoning: LAR1; CDOM: 38; Lotsize: 5220;

REMARKS

Storybook country English remodeled 4BR home on a tree lined street in Westwood! This beautifully finished homeincludes a newly constructed second story with a large master suite with Carerra vanity and gorgeous tiled bath, plustwo other bedrooms upstairs that share a gorgeous bathroom, laundry area with new washer & dryer. Downstairsentails gorgeous hardwood floors, living room with high ceilings & fireplace which opens to an elegant dining room,French doors to an office/4th bedroom with full bath. New custom kitchen with Wolf range, and Carrera counters,which opens to a family room that leads through French doors to a lush yard, playhouse for children, gated drivewaywith room to play and 2 car garage. New plumbing, electrical, tankless water heater & Roof. See Private Remarks forshowing instructions.

Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.

MLS#14735497

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Listing Photos

$1,599,0002227 CAMDEN AVE, Los Angeles

MLS#14740485

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Property Details

$1,475,0002144 MIDVALE AVE, Los Angeles

Courtesy of Keller Williams Rlty BrentwoodLISTING INFORMATION

MLS#: 14740485 Beds: 4 Sq Ft: 2,319 List Date: Feb 27, 2014

Status: Active Baths: 2/1 Year Built: 1926 DOM: 17

FEATURES

Status details: Active; Appliances: Dishwasher,Dryer,Freezer,Garbage Disposal,Gas Or Electric DryerHookup,Refrigerator,Stackable W/D Hookup,Washer; Interior: Laundry - Closet Stacked; Kitchen: GourmetKitchen (N),Granite Counters (N); Floors: Hardwood; Cooling: Air Conditioning,Ceiling Fan(s),Central A/C;Heating: Central Furnace; View: Trees/Woods View,Other View; TB map code: 632C5; Zoning: LAR1; Pool:No Pool; Patio: Concrete Slab,Deck(s),Porch - Front,Porch - Rear,Slab,Wood; CDOM: 17; Water: District/Public(N); Lot description: Back Yard; Cross streets: OLYMPIC; Number of units: 1;

REMARKS

Turn-key, Move-in Condition! Over 2,300 sq. ft. Single Story. Beautiful English Tudor in Westwood area blendsoriginal charm with modern upgrades in a highly desirable neighborhood. Extensively and tastefully remodeled. 4Large bedrooms, 2 full+1 half bath. Bright living room has coffered ceilings with original fireplace. Formal DiningRm has French doors. Renovated Modern kitchen: beautiful wood cabinetry, granite counter tops, quality stainlesssteel appliances. HUGE, remodeled Master Bedroom Suite: Vaulted ceilings, recessed lighting, sitting area, walk-incloset. Master Bath with granite counters, dual sinks, spa tub, glass shower. Double French doors open to a wooddeck and Private backyard lined with trees, ideal for entertaining, relaxing & playing. Add'l Features: Central AC/heat, dual pane windows, hardwood floors, 2 car garage. Walking distance to top-rated Westwo...

Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.

MLS#14740485

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Listing Photos

$1,475,0002144 MIDVALE AVE, Los Angeles

MLS#14740485

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$1,475,0002144 MIDVALE AVE, Los Angeles

MLS#14734205

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Property Details

$1,099,0002254 OVERLAND AVE, Los Angeles

Courtesy of Savanna Real EstateLISTING INFORMATION

MLS#: 14734205 Beds: 3 Sq Ft: 1,391 List Date: Feb 7, 2014

Status: Active Baths: 2/0 Year Built: 1927 DOM: 37

FEATURES

Status details: Active; Appliances: Dishwasher,Garbage Disposal,Refrigerator; Floors: Hardwood,Tile (N);Cooling: Air Conditioning,Central A/C; Heating: Central Furnace; View: No View; TB map code: 632D5;Zoning: LAR1; CDOM: 37; Cross streets: W OLYMPIC AND OVERLAND AVE; Number of units: 1;Lotsize: 6079;

REMARKS

JUST REDUCED! Warm and inviting English Colonial 3 bedroom, 2 bath home with a great open floor plan.Bright and welcoming living room features a fireplace, window shutters, vaulted ceilings and recessed lighting. Theadjacent dining room leads to the updated kitchen with stainless steel appliances and granite countertops. Hardwoodfloors throughout the house. Master bedroom has access through French doors to the lush backyard with spaciousgreen area. Perfect for entertaining or playing. Detached two car garage provides a separate space for an office orplayroom if desired. Move-in ready. Fabulous location near the Westside Pavilion. Close to retail, restaurants and TheLandmark movie theatre. Westwood Charter School. This is a must see!!!

Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.

MLS#14734205

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Listing Photos

$1,099,0002254 OVERLAND AVE, Los Angeles

MLS#14734205

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$1,099,0002254 OVERLAND AVE, Los Angeles

INFOCloud CMA

What Are Your Homebuying Goals?

With the dramatic rise and fall of housing prices over the last decade, consumers have new respect for homes asinvestments. But the flip side, is that your investment is still a home, one you’re likely to occupy for several years ormore.

Ownership

According to the annual Profile of Home Buyers and Sellers, compiled by the National Association of REALTORS®, theprimary reason buyers cite for purchasing a home is simply the desire to own, followed closely by the desire for morespace, and a change in the family situation.

For most people, buying a home is more about giving household members more comfortable living arrangements andputting them closer to jobs, favorite activities, other family and friends. What are your goals for buying a home? Youmight want a better home and neighborhood. You might want a different kind of living experience, such as moving froman apartment to a single-family home with a private garage and yard. Your family may be growing, so you have to thinkabout school districts and proximity to parks and other recreation.

If you’re not certain, you might think about what would change about your situation if you became a homeowner. You’lldefinitely be more established. If you’re like most homebuyers, you expect to stay in your new home about 10 years.

Equity

You’ll also build equity for yourself, instead of for someone else. Every payment you make, plus the rules of inflation willeventually allow you to recoup most if not all of your investment, or make a profit when you sell. Affordability may alsobe an important factor for you. The combination of low interest rates and low prices allows you to buy more home forthe money. Rents are rising, making ownership more affordable than renting in many areas, especially when you factorin tax incentives such as mortgage interest deductions and property taxes allowable as deductions against your income.

When you buy, make your goals long-term. Choose the home you think will serve your household’s needs the best for thelongest period of time, as it’s been proven that the longer you own a home, the more equity you’ll build. Today’s marketconditions and affordability, make it more likely that you will reach your homebuying goals, no matter what they are.

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The Homebuying Process

Follow These Steps

Get prequalified - Your lender will look at your income, credit scores, revolving debts, obligations such as child supportas well as the type of loan you choose. Other factors that impact how much home you can buy is the down payment;smaller down payments mean higher monthly payments. Last, the interest rate and terms (30-year, fixed or adjustablerate) will determine what you can afford in monthly payments.

Make your wish list - Decide where you want to live and how many bedrooms and baths you’ll need. Consider lifestyle -condominiums offer shared amenities, with little responsibility. Single-family homes offer more space and privacy, butmuch more exterior and yard maintenance.

Hire a real estate professional - Your real estate professional should be expert in the area where you want to live andfamiliar with the type of home you want to buy. Your agent has house-by-house experience in your neighborhood andcan offer the best advice on homes in your range.

Select your home - No home is perfect, so don’t let minor flaws influence you. Think long-term. Which home best suitsthe activities and needs of your household now and in the years ahead? Don’t buy more than you need or cancomfortably afford.

Make an offer - Your offer depends on the current market. If a home has been on the market a long time, you can askthe seller for a price reduction, but if it’s new on the market, the seller is unlikely to accept a low offer. Ask your realestate professional for advice.

Get an inspection - A home inspection is a professional third-party opinion of the home’s condition. The inspector willpoint out the age of systems, and large and small repairs that are needed, so you’ll know what you’re facing as the nextowner.

Get an appraisal - The bank appraisal determines market value. If the home doesn’t appraise for the purchase price, thebank will refuse to make the loan unless you renegotiate with the seller. If it appraises, the lender will move towardclosing.

Go to closing - Once final negotiations are complete, the parties to the transaction meet at the escrow office. This couldbe a title company, real estate attorney, or whatever is customary in your area. All paperwork is signed by both parties.The lender pays the seller, minus any liens against the home such as the seller’s mortgage. Once all the disbursementshave been made, you get the keys to your new home, according to your agreement. Congratulations! You’re ready tomove into your new home

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Making an Offer

Before you submit an offer, have your agent pull up the most recent sold comparables (CMA) within a reasonable radiusof the home, so you can compare the home fairly in terms of location, size, features, and amenities. Next, ask your agentabout market conditions, so you can choose a strategy.

Strategy

In a buyer’s market, discounts are common because there are fewer buyers, more properties for sale, and home prices aresoft or falling. In a seller’s market, homes sell quickly for full price or higher because there are plenty of buyers and fewhomes for sale. Whether you are in a buyer’s market or a seller’s market, your goal is to buy the home at a fair price. Ifyou were the seller, what is the lowest possible price you’d accept?

Risk

Low-balling the seller is risky. If the seller feels insulted by your offer, you’ve lost the opportunity to negotiate. On theother hand, some sellers are simply unrealistic about their home’s value. Maybe your offer will be their wake-up call. Ifthe seller’s home is offered at a reasonable price, pay asking price or close to it. A home priced to sell will sell quickly.

Is there a way to sweeten your offer with a quick closing or an all-cash sale? To show the seller you’re serious, include acopy of your lender’s pre-approval letter, along with a cover letter summarizing your strengths as a buyer in terms ofcreditworthiness, flexibility in closing, and why you love this home. Include a copy of your comparables to show whyyou feel your offer is a fair price for the property. If your offer is conditional, such as your need to sell another homebefore closing on the seller’s, you’ll have to find a way to sweeten the deal, such as a full-price offer. Few sellers wouldaccept a discount and a contingency at the same time.

Reward

Your real estate professional will help you draft the offer with a price, estimated closing date, and terms, includingearnest money (a guarantee that you’ll perform as a buyer in good faith), final approval by your lender, and your right tohave an inspection. Once your offer is negotiated and accepted, your earnest money will be sent to the escrow agent'soffice. Now the inspections occur, and this is where the contract negotiations can break down. During the inspectionprocess, the inspector will tell you about the condition of appliances, heat and cooling systems, roofs, electrical andplumbing systems, etc, and if your future home is up to current city codes. You should only renegotiate a repair when itwasn’t obvious before, or when a system is unsafe or not functioning. Once the seller has agreed, your offer is now abinding contract, and you’ll proceed to closing.

CLIENT REVIEWS

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Scott McIntoshColdwell Banker

BRE number 01759826

Mobile 310-500-6107

Web www.scott-mcintosh.com

E-mail [email protected]

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