3148 Ferncreek Ln Escondido, CA 92027

Home for sale in Rancho San Pasqual

2404 square feet 4 bed  3 bath

Gourmet kitchen with island – solid surface counters and walk-in pantry. Step out from master bedroom into your private backyard with hillside views. Three car garage plus separate laundry room. Located in a gated community – only one block from lake.   Expansive community pool and challenging Eagle Crest golf course are just a short walk away.

For more information, Make the Call to Hankins and Hall

RE/MAX United

Lela Hankins CA DRE# 01407710

1897 Almagro Ln, Escondido CA 92026

1897 Almagro

Buying a Home, One Step at a Time

HOME BUYING
ONE-STEP-AT-A-TIME

1)  Select Realtor® and establish a relationship                                                           It in a good idea to interview with at least three agents to find one that you can work with and you believe to posses the skills to negotiate for you.  Your agent has a fiduciary responsibility to place your interests above their own.  I am a full-time, professional agent with extensive market knowledge. We will work closely together to find the right home for you.

2) Meeting with at least three lenders
I will provide guidance to help you determine which lending professional will best fit
your needs. During your consultation with the lender, you will determine your buying
power or develop a schedule to correct any financial issues that may arise.  The lender chosen should be someone with experience in many different types of loans to ensure you are in the correct loan product moving forward.  Your lending professional should also be familiar with the local protocol and local practices in order to help minimize delays in closing.

3) Identify property to purchase
Once you have met with a lender to determine your buying power, we can identify all
properties in your price range that fit your criteria. The more precise and direct you are
with me, the more successful our search will be.

4) Determine Seller’s motivation                                                                              Once we have identified the home that you wish to make an offer on, I will do the necessary research to help you structure and effective offer.  This includes research to determine why the owner is seller their property and affects how the offer is structured and presented.

    5) Write offer to purchase
I will draft the Purchase Agreement with you, advising you on protective contingencies,
customary practices, and local regulations. I will include as much protection for you as the contract allows. At this time you will need to provide and
“earnest money” deposit, usually equal to 1% of the purchase price. This “earnest
money” check is not cashed until your offer has been accepted by the Seller and escrow is opened.

6) Presentation of offer
I will present your offer to the Seller and the Seller’s agent. Offer presentation ranges from and emailed offer as stipulated by the seller to presenting directly to the seller at their property.

    7) Seller’s response                                                                                                         The Seller has three options at this point: they can accept your offer as written, counter your offer, or reject your offer, which may be a simple non-response. I will review the Seller’s response with you to determine the best possible solution, which includes reaching a final agreement between you and the Seller.

    8) Open escrow
When the Purchase Agreement is accepted and signed by all parties, the listing agent will open escrow. At this time your earnest money will be delivered to escrow and deposited.
The escrow officer will receive, hold and disburse all funds associated with your
transaction.
9) Contingency Period
This is the time allowed per your Purchase Agreement with the Seller to obtain
financing, perform inspections, and satisfy any other contingencies to which your
purchase is subject.
Typical contingencies include:
• Approval of the Seller’s TDS (Transfer Disclosure Statement)
• Approval of the Preliminary Title Report from the Title company
• Loan approval, including an appraisal of the property
• Physical inspections of the property
• Pest inspection and certification
• Review of Homeowner Association Documents (meeting minutes, budgets, rules
and regulations, CC&R’s, etc)
10) Homeowner’s Insurance
Will be coordinated between your Insurance Agent and the Escrow Officer to make sure
your policy is in effect at the close of escrow.
11) Down payment funds
You will need a cashier’s check or money transfer several days prior to the closing date
of escrow.  The Escrow officer will provide the exact amount needed and wiring instructions.
12) Close escrow
When all of the conditions of the Purchase Agreement have been met, you will sign
your loan documents and closing papers with a notary ordered by your lender or the escrow officer. You will deposit the balance of your down
payment and closing costs at escrow, and your lender will deposit the balance of the
purchase price. The Deed will then be recorded at the County Recorder’s office, which
may or may not be the same day depending on the time the loan is funded. You will
take ownership on the date and time stipulated on your Purchase Agreement.

Remember to Make the Call to Hankins and Hall 

Real Estate Agent Designations, Why?

ABR, ALC, ARM, CCIM, CIPS, CPM, CRB, CRS, e-PRO, GREEN, GRI, PMN, SFR, CDPE, CIAS, QSC, SRES.

Those are most of the designations and certifications available for Realtors and each one has different requirements.  These designations, while recognized by other Realtors, have very little meaning to the general public.  There are national campaigns by the National Association of Realtors and other organizations to educate the public as to the significance and advantages of working with Realtors that hold one or more of these however, my experience is that people generally know nothing about why these letters follow our names.

All of these designations and certifications require extra education and some also require actual performance in the workplace ( closed transactions) and proof that one is qualified to hold the specific designation.  ABR and CRS are two that require classwork, testing and proof of closed transactions to qualify for the designation.

The main reason that these Realtor designations and certifications are so important is that they require additional education and are a good indication that the Realtor is actively engaged in the real estate industry.

For those readers looking for full-time real estate professionals that are committed to servicing their clients, Make the Call to Hankins and Hall

Lela Hankins 760-591-0020

Steve Hall 760-809-1637

My Commitment to You, “the Home Buyer”

I am a full time real estate agent and also a Realtor, which means that I abide by a strict code of ethics to provide my clients with the highest level of service.  I earn my living by diligently servicing the needs of both buyers and sellers.

I am committed to providing my clients with a very high level of service, which includes, but is not limited to, sharing real estate knowledge, previewing properties, reviewing comparable properties, identifying the seller’s motivation, continuing my real estate education and adding to my credentials.

Constant, open communication with clients is key to a smooth transaction with few surprises, so I adjust my communication medium to meet my client’s needs. This ranges from texting and Docusign to meeting personally to sign every required document.

I have spent many hours putting together a Buyer Resource Binder that I provide to my clients.  At the very beginning of the process, I will spend at least an hour reviewing this special book with my clients to ensure they understand the home buying process from start to finish….and beyond.