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Message HOME BUYING GUIDEhelping you write your new story
S T A R T E DG E T T I N GHome buying is a complex adventure in Los Angeles, that often becomes a stressfulendeavor for many to pursue. My goal is to make the process as enjoyable (andpainless) as possible. It begins with a goal - yours - and is followed by a strategic planon how I promise to partner with you to achieve that goal.By the time you own your new home, it's my commitment to you that you felt yourfinancial and emotional well-being were held at the center of my actions and advice,and that you understood what you were buying, understood the process, and feltcomfortable asking questions. This guide is to familiarize you with the home buying experience and how I will be hereto provide for you every step of the way. Always remember that this journey is all about you. Your needs, dreams, concerns,questions, finances, time, and life. Best,Chloe de Verrier
YOUR JOURNEY AT A GLANCETitle Review
KEY TERMSP R E - A P P R O V A LThis is an advanced approval from a mortgage broker and isyour first step before beginning your search, as a pre-approvalletter must accompany all offers. Lenders have a list ofrequirements that they will consider including proof ofincome, employment, assets and credit history. For moreinformation or lender resources, please reach out.C O N T I N G E N C I E SWhen purchasing a home, the purchase contract contains anumber of contingencies that are essentially time periods foryou to investigate the property, obtain financing, verify thevalue of the property (with an appraisal) and exit the contract,if needed, without penalty. Once you do your due diligenceand fulfill the requirements of each contingency, you will beasked to remove all contingencies by signing a form thatcertifies that you agree to proceed with the purchase, and atwhich point the contract is considered ‘binding.’C L O S I N G C O S T SThese are costs outside a property’s sales price that must bepaid to cover the cost of the transaction, such as a loanorigination fees, appraisals, inspections, escrow fees, taxes,recording fees, and additional settlement fees. I am happy toprovide you with an estimated closing sheet once you'reready!E S C R O WEscrow is a neutral third party that oversees the transactionfrom the moment your offer gets accepted through closing.An escrow company handles the transfer of all funds andensures that no funds or property exchanges occur until allconditions of the purchase contract have been met and thatthe interests of all parties are protected.
PHASE 1DEFINING SUCCESSWhat is your motivation to buy?What is your time frame to move?Ideal features vs. non negotiables?What neighborhood attributes are you looking for?FINANCIAL PREPARATIONKnowing your finances and purchase power is the first step. A lender can helpyou do a full analysis to see what you can afford, issue a pre-approval, anddetermine what you’re comfortable with. When you find the right home andare ready to make an offer, your mortgage pre-approval lets the seller knowthat you’re serious and fully prepared to buy their home, putting you in astronger position.UNDERSTANDING THE MARKET This includes researching neighborhoods of interest, analyzing active, pending,and sold homes.FINDING YOUR HOMEI will create a collection of potential homes and determine yourcommunication expectationsI will notify you of new and off-market properties Viewing properties together—private showings and open housesTHE HOME BUYING PROCESS
PHASE 2YOU FOUND THE HOME YOU WANT, WHAT NOW?Discuss objectives and processLearn about the purchase contract and present offerDiscuss multiple-offer strategies if applicableOffer presentation and highlighting buyer strengths Making an offer:There are many factors that influence the market value of the home. Someof the factors to consider include:How long has the home been on the market?If the price has been reducedHow much the home is worth - I will provide a comparable marketanalysis (CMA)If there are multiple offersThe “list to sale price ratio,” an indication of how competitive the marketis for homes in this areaWhy the seller is sellingOnce the offer is written, I will present it to the seller’s agent. At this point,the seller can accept your offer, reject it or counter is to start thenegotiation process. I will work with you to plan a strategy to ensure themost advantageous terms and acceptable pricing for you and your budget.
PHASE 3CLOSING ON YOUR HOME: THE ESCROW PROCESSCongratulations! Once your offer has been accepted, the closing processbegins. I strive to make this process as seamless and worry-free as possiblefor you and will help you navigate every step of the way. This includesinitiating contact with escrow, notifying your lender, coordinating theappraisal and inspections, making sure all documents are prepared correctly,and reviewing all reports and disclosures with you. Here are some typicalsteps involved:Within three business days of acceptance, you are expected to deliver theearnest money deposit (EMD) to the escrow company per the terms ofthe purchase agreement. The EMD is typically 3% of the total purchaseprice. 1.After reviewing the contract, the escrow officer will prepare the escrowinstructions and generate opening packages that need to be signed.2.Home Inspections: most property sales are contingent on the results of ahome inspection(s), which is paid for by the buyer. The inspections aretypically conducted within 10 days of offer acceptance. I will advise you onthe best recommended inspections for your particular purchase. 3.Based on the inspection findings, we will either approve the propertycondition or negotiate repairs/request a credit for repair work to bedone after the close of escrowAt this time, we will also review all seller disclosures and reports Title Search: this is a historical review of all legal documents relating toownership of the property to ensure that there are no claims against thetitle of the property. 4.Appraisal: As a standard part of the mortgage process, your lender willorder an appraisal report to ensure that the loan will be guaranteed by thehome’s value.5.
PHASE 4CLOSINGReview closing statement provided by escrowFinal Walk-Through: You’ll be given the chance to look at the homebefore closing to make sure it’s in the same condition as when you signedthe sales agreement. If any repairs were done, this will be the time toensure they were completed as agreed upon.Meet with escrow to sign loan documents Schedule a transfer utilities to your new home Once title records, we’ll be notified of the closing by escrow.Coordinate key delivery and celebrate— you’re a Homeowner!FULL SERVICE SUPPORTMortgage ServicesIf in need of a referral, our local mortgage partner offers fantastic customerservice and a fast, simple process.Warranty ServicesA home warranty plan from American Home Shield (often negotiated into thepurchase agreement at seller expense) provides an extra measure of securitythat makes you feel more comfortable and confident in the purchase of yourhome.Insurance ServicesI can connect you with agencies that offer competitive rates on homeowners,condominium and renters coverage.
13@chloe.deverrier @dreamliving.la @chloedeverrier@coldwellbankerSkillful and savvy, many say Chloe is abreath of fresh air in the Los Angeles realestate scene. She has spent yearsaccumulating a wealth of knowledge topass down to her clients, from keynegotiation tactics to lapping up thestrategies behind flipping homes.Chloe discovered her passion andinfectious enthusiasm for the industrywhile pursuing her Bachelor’s inPsychology at UCLA. Before choosing topartner with Coldwell Banker, she workedwith one of the top 50 real estate teams inthe nation ranked by The Wall StreetJournal and the New York Times.Beyond her successful real estate career,Chloe has become a well-respectedspeaker, coaching other Realtors® bothnationally and internationally on how tobring an innovative approach to real estatemarketing and social media. Chloe was awarded the International Sterling Society Award and was named as a 2022Top 20 Real Estate Agent on Social Media in Los Angeles. Matching her own, proven,digital strategies with her deep understanding of human behavior, Chloe has solidifiedher ability to deliver the best service when it comes to successfully selling your home.She takes pride in making every experience positive, no matter how daunting your Chloe de Verrierjourney may seem. With integrity and an abundance of good humor, Chloe isalways available to help you navigate your real estate goals, provide anenjoyable experience and looks forward to forming a long-standing relationship.
"Chloe has been an absolute gem! Not only does she have a deep understanding of themarket, but also deeply listens and cares for her clients. She is always on the lookout to howshe can add value and help her clients achieve their real estate goals. She has extremepatience, determination, and energy and is truly a joy to work with. I would always want heron my team when it comes to buying or selling and I know many others would as well." "I much appreciated your quick selling of my house. Special thanks to my shining star Chloe""One of the best decisions I have made is choosing Chloe as my real estate agent. I neededsomeone who is competent, honest, knows the tricks of the trade, and who willcommunicate with me through the entire process. She responds right away to emails, textsor calls. Lastly, her negotiation skill is impeccable!" "Choosing Chloe to be my realtor was the best decision I made. Honestly, I’ve worked withtwo realtors before Chloe, they left me traumatized."“Chloe was fantastic to work with in securing a sought after Brentwood condo. She walkedus through the process and her great negotiation skills got us the winning bid in a verycompetitive situation. Highly recommend!”"Chloe is a fantastic person and agent who knows her business.""Chloe is fantastic - professional, courteous, and very knowledgeable. She helped positionand sell/buy multiple properties on my behalf in a seamless fashion. She handles everythingfrom listing to staging and negotiations. She even helped by bringing in vendors and servicefolks as needed. Chloe goes beyond the call of duty, and I would recommend you work withher!"What clients have said
@chloe.deverrier @dreamliving.la @chloedeverrier@coldwellbankerReal estate age nts af filiated w ith Co ldw ell Banker Re alt y a re independent c ont rac tor sales associ ate s, not employees . © 202 0Coldwell Ban ker Re alt y. All Rig hts Re ser ved. Coldwell Ba nke r R ealty fully s upp ort s t he principals of th e F air Housin g A ct andthe Equal Op por tun ity Act. Owne db ya su bsidiaryofN RT LLC . C oldwell Banke r a nd the Coldwell Ban ker Lo go are regist ere dservice mark s o wne d b y Coldwell Ba nke rR ealEstate LL C.A PO WERFU L PAR TNERS HIPlet's secure y our dream home!C H L O E D E V E R R I E R Col dwell Bank er Re alty | Rea ltor®310 .890. 9656chl oe.de verri er@cb realt y.com www .chlo edeve rrier .com 116 61 Sa n Vic ente Blvd, Fl 1 0 Los Ange les, CA 90 049Cal Re. 0 21022 40Chloe de VerrierCD