First Time Buyer

Page 1


04

Packaging and

01

Find an Agent Connect with a licensed

Compass real estate agent

who is knowledgeable

about the neighborhoods

you're considering and can

help guide your search.

02

Pre-Approval Before beginning your

search, your first step is

to get pre-approved for

a mortgage loan (unless

you will be paying the

full price of your home

in cash). Your Compass

agent can connect you to a mortgage broker.

Based on your income

and credit history, the

mortgage broker will

determine how much a

bank will lend you, which

will help you determine

the price range for your

search.

Submitting Offers Once you identify a

03

Visit Properties Now is the time to

consider your ideal

home you like, you can put in an offer, which

is an agreement to

pay a certain price for

the home. This offer is

packaged with a Proof of Funds (POF) and

home's location and

Pre-Approval Letter.

viewings and open

lower than the list

amenities. You will attend

Note: if your offer is

houses spanning a range

price or with terms not

types. Additionally, your

the seller will likely return

activate notifications

price or acceptable

of areas and property Compass agent will

acceptable to the seller, with a counter-offer

for exclusive Coming

terms, which you can

properties as they hit

another counter-offer.

Soon and Off-Market

the market.

accept, reject, or make Your Compass agent will provide advice

throughout.



Robin Corey, MBA

REALTOR®│DRE 02027379 415.710.4047 robin.corey@compass.com

Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.

Key Terms


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.