Offers process help

[Nathanael Leaana]

Does anyone know how the offer process goes? I’m currently in California and have been running numbers on different markets. I’ve found a market but don’t know how to make offers properly? Am I allowed to offer verbally without any contingencies, and then get a written offer later? Confused on the process and if you have any blogs, books and or other ways to learn about this I appreciate the help! 

[Wilson Phu Bang]

Hi Nathanael,

I am a Buyer's Agent and I work with a lot of first time home owners and investors in Southern California. There are really two school of thoughts and both really require an offer more than a verbal. In the market today a lot of offers are written even before any verbal communications just due to know the seriousness of the buyers, on the otherhand there are sellers who will not look at any offers until you and your agent have visited the property (to prevent offer changes once you see the quality of the unit in person). If you wanted more details about the whole offer process I can definitely walk you through one and send you a Residential Purchase Agreement (known as the "offer" contract) to review.