When preparing to purchase a home, it is imperative that you work with a high quality real estate agent who understands the neighborhoods you are interested in along with having exceptional negotiation skills, sourcing off-market properties, and most importantly being trustworthy throughout the process. In cases where you are buying a fixer property, development opportunity, or want to plan to do various cosmetic improvements, working with an agent who has development experience is highly advisable.
Not only have we facilitated dozens if not hundreds of real estate purchases for our clients, but we have purchased and developed nearly 20 properties in the Hollywood Hills and surrounding LA neighborhoods. This has provided us with a level of experience on buyer representation that is unmatched with nearly all other agents as we can provide white-glove style representation all while providing our clients with affordable and high quality laborers that can help with any of our clients proposed renovations.
For buyers who are planning to purchase a home with financing, it is extremely important that you work with a lender who can provide competitive rates, is accessible and communicative, and has the ability to secure financing confidently based on your financial background, credit score, and annual income.
Through our experience representing hundreds of buyers and purchasing property ourselves, we have developed an extensive rolodex of lenders in all financing tiers including but not limited to conventional lenders, non-QM lenders, stated income lenders, construction financing lenders, and hard money financing. This has allowed us to provide our clients with top quality lender sources that we have vetted and recommended in which they can secure competitive financing based on their financial criteria.
During your home search process, we will work tirelessly to locate properties in your neighborhoods and areas of interest that are both on the market as well as off the market. Through our agent connections as well as relationships with many sellers throughout the Hollywood Hills and LA area, we have the ability to uncover many off market opportunities that may be the perfect fit for our buyers.
In addition to traditional home search processes, we will be able to help with analyzing comparable sold properties to help our buyers understand the current value of their home, facilitate agent previews of a home, and dozens of other degrees of support to where our clients feel at ease throughout this process.
You’ve found “the one” and you’re ready to make an offer! We’ll help you formulate a fair, data-driven purchase offer based on in-depth market analysis, and draw up the purchase agreements. Then, we’ll leverage smart negotiating skills to guide you through contingencies and ensure you don’t spend any more than you need to. And, should things not work out with one offer, we’ll be ready with a game plan for the next.
Once we have your home purchase in escrow, we will help navigate you through the various contingency phases. This is including but not limited to setting up inspectors for the home, meeting appraisers, vendors, and other third party service providers at the house, reviewing permit information online, reviewing inspection reports, retrieving status updates from your lender, contractor site visits if applicable, negotiating a request for repairs for the property, and reviewing disclosures on the property.
In addition to our experience navigating hundreds of buyers through the escrow process, our extensive experience as real estate developers has made us a quality asset for buyers who are analyzing development opportunities or want to facilitate improvements to the property that they are purchasing. We have the ability to thoroughly understand construction plan sets, costs and timeline of construction, navigating design review boards, have access to quality laborers, contractors, and vendors who can facilitate projects cost effectively and at ease.
This part can get complicated, but we know from experience how to keep the crucial final stages of loan approval from becoming overwhelming. We’ll regularly monitor the progress of your transaction and keep you fully aware of unexpected funds that might be expected from you. We’ll also work with your lender to make sure all the necessary paperwork is complete as we move closer to a smooth closing.
Making it through escrow can seem like a mountain of details but the view from the top is worth it. Expect to sign a ton of paperwork before you get there, and we’ll hold your hand through every step of the process. A few days before closing, we’ll conduct a final walk-through, and then, once both parties sign closing statements, the keys are yours and we’ll celebrate your new home and your new life!
— 1951 Hillcrest | Poch Blanco
— 2302 Camden | Taylor & Lauren Shapiro
— 2827 Las Alturas | Mia Shen
— 7212 Mulholland | Jorge Dalinger
— 13105 Venice | Collin Black
— 2501 Apollo | Alaap Parikh
— 933 Enchanted Way | Mark & Jenny McTizic
Feel free to fill out the contact form below to get a hold of a Hollywood Estates associate to provide you a free buyer consultation!
Our agents are experienced with buying and selling properties in the Hollywood Hills and beyond. Consult with us today!
Oliver Thornton & RC Thornton
9000 Sunset, Floor 3
Los Angeles, CA 90069