Category Archives: Business

Things To Look Out For When Buying a Property In Boulder Creek


The most stunning ads, whether on TV, newsprint or online, don’t always translate to the best Boulder Creek real estate agent for the job.

  1. If you found the right property for you, it’s time to make the next move. Start writing a formal purchase offer. Then continue with signing a real estate contract.
  2. In most states, the seller is obliged to provide their buyer with disclosure documents:
  3. Preliminary title report
  4. Specific local documents like copies of city reports
  5. In California, part of the disclosures are  earthquake hazards report or a geological survey.
  6. To make sure that the contract price is the right price, an appraisal is done. The lender is the one who sends out a third-party appraiser  which the the buyer pays for, to confirm that the said  contract price is not far from the neighborhood’s comparable sale price.
  7. As part of the contract, the seller have the right to to have a property inspection. The most common one is a  called “general property inspection.”  ( The inspector checks the property from the foundation up to the roof.)
  8. In addition to making sure the property appraises at no less than the known contract price, the bank will want to fully approve your credit, your debt and your income.
  9. Just before closing the sale,  make sure property is in good condition.
  10. Depending on what market you’re in, the closing may be done at an attorney’s office or with  the present of an escrow officer.