Buying
The offer
Once we identify the right property, we shift from analysis to acquisition. An investment-property offer should consider more than price.
What we evaluate before writing
- Comparable sales
- Days on market
- Seller motivation
- Competition
- Financing
- Down payment
- Earnest money deposit
- Inspection contingency
- Loan contingency
- Appraisal contingency
- Closing timeline
- Seller needs
- Included items
The goal is not simply to “win.” The goal is to acquire the right property at terms that still make sense as an investment.
Escrow, step by step
- 1Escrow opensThe neutral escrow company coordinates funds, documents and closing.
- 2Earnest money depositThe buyer deposits the agreed earnest money according to the contract.
- 3Inspections beginWe coordinate the appropriate inspections.
- 4Disclosures are reviewedWe review seller disclosures, reports and available property information.
- 5HOA documents are reviewedFor HOA properties, this is a critical part of investment due diligence.
- 6Financing continuesThe lender completes underwriting and, when required, appraisal.
- 7Contingencies are addressedContingencies are removed according to the contract when the buyer is satisfied and ready to proceed.
- 8Final walk-throughThe property is reviewed again shortly before closing.
- 9Funds are sentAlways independently verify wire instructions using a known and trusted telephone number.
- 10ClosingTitle records and the property officially becomes yours.
Wire fraud is real
Always independently verify wire instructions by calling escrow at a known, trusted telephone number before sending funds.
Investor inspections
The inspection is not simply about finding defects. For an investor, it is also about forecasting expenses. We may recommend evaluating:
- General home condition
- Roof
- Plumbing
- Sewer
- Electrical
- HVAC
- Water heater
- Appliances
- Windows
- Moisture
- Drainage
- Termites and wood-destroying organisms
- Safety issues
What might this property cost me during the first several years of ownership?
How we work
Our investment property process
Before we tour
- Investment goal
- Price range
- Financing
- Target locations
- Property type
- Expected rent
- Minimum requirements
Before we recommend a property
- Comparable sales
- Comparable rentals
- HOA
- Rental restrictions
- Taxes
- Assessments
- Condition
- Location
- Tenant appeal
- Resale potential
Before we write
- Value
- Competition
- Strategy
- Financing
- Contingencies
- Due diligence
During escrow
- Inspections
- Disclosures
- HOA documents
- Lender
- Appraisal
- Escrow
- Title
- Insurance
- Contingency timelines
Before closing
We make sure the buyer understands what comes next. Ownership is not the end of an investment purchase. It is the beginning.