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Buying a Home in the Bay Area: Offer Prep

September 22, 2023
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Buying a home is a HUGE purchase — probably the biggest purchase of your life, until you buy your next home. Whether you’re a first-time home buyer or this is your 4th home purchase, these videos will help you get a better understanding of what you’re signing!

 
 
 

Here are videos that will guide you through the Residential Purchase Agreement — the contract that is used for all California home purchases with the exception of new constructions and in some cases if the home is in San Francisco.

 
 
 
 
 

1. This video reviews the first pages of the RPA, the most important pages that include the offer terms we are including in the offer. (3 mins)

 
 
 
 
 
 
 
 

2. You need to understand what terms you are working with. This video will explain the contingencies that are standard with each offer and why they are important. (5 mins)

 
 
 
 
 
 
 
 

3. Here’s the last part of the offer agreement. When you’re done with this video, you’re ready to start putting in offers! (5 mins)

 
 
 
 
 
 
 
 
 
 

Lastly, and also very importantly: if you’re going to submit an offer, I recommend including a Buyer Letter with the offer. They don’t always get shared with the seller because of the new CAR rules, but in the case the sellers would like to read them, I recommend it.

 
 
 

Here’s a link to some past buyer letters.

 
 
 

If you have any questions, our team is here to help! You can find us on Instagram at @ashleyjhwang_ or email us at [email protected]

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