California Real Estate

The process for purchasing a home in California is different from the procedures that are used in other states. Unlike the East Coast, attorneys are not used to complete the sale of real estate. Instead, an escrow is used. Once you have located a home you want to buy, you will begin hearing people talk about the escrow. In California, there are no closing meetings. It is not common for sellers and buyers to meet each other on a regular basis. If you want to buy a home in California, you will want to make sure you have a loan before you begin the process of looking for a home.

All real estate agents in California must be licensed to buy or sell real estate. Every agent you deal with should either have a Salespeople or Brokers license. Brokers are allowed to receive payment for the sale of a property, while salespersons must work under the broker. Multiple brokers are allowed to work together, and are called sales agents. Sales agents must answer to a Broker of Record, and this is the person who will supervise them. There are three agencies that will be found in California, and these are dual-agencies, buyer's agencies, and sub-agencies.

Before you decide to get a loan or broker, you will first want to find the right home in the best possible neighborhood. You will also want to consult an agent to find out what type of home is best for your income level. The agent will want to know what home you're interested in. You should always be ready to buy a home when you visit the agent. If you are truly ready, you will be given a better deal, because agents will often have to deal with people who are just "looking," and are not commited to making a purchase. Once the agent knows what type of home you want, they will begin driving you around to show you the different homes that are available.

The agent will not want to drive you around until after they've interviewed you. As the buyer, you will want to make sure the agent is experienced. When you deal with agents in California, they should put you in the loan qualification process as soon as possible. By getting approved for a loan, you will be placed in a powerful position where you can negotiate. Once you have found the home you want, you will want to make an offer to the agent. In California, the offer should always be made in writing. The paper that it should be written on is named the Deposit Receipt.

You will want to place all the information about your offer on the Deposit Receipt. The agent will help by providing you a list of homes that are much like the one you're interested in. When an offer is made, it is also customary to write a check which is about 3% of the offer that you are making for the home.

Posted by Kent Obrist on December 13, 2008 at 12:00 AM

About Kent Obrist
Kent Obrist is affliated with Woods Bros Realty, which is located in Lincoln, NE. For further assistance please use the contact information located on the right.

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Local Information for Lincoln, NE

Latitude: 40.809868 -- Longitude: -96.675345

ZIP Codes for Lincoln, Nebraska	68501 68502 68503 68504 68505 68506 68507 68508 68509 68510 68512 68514 68516 68517 68520 68521 68522 68523 68524 68526 68527 68528 68529 68531 68532 68542 68583 68588
Area Code for Lincoln, Nebraska	402
Time zone for Lincoln, Nebraska	CST

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Lincoln started out as the village of Lancaster, which was founded in 1856, and became the county seat of the newly-created Lancaster County in 1859. The capital of Nebraska Territory had been Omaha since the creation of the territory in 1854; however, most of the territory's population lived south of the Platte River. After much of the territory south of the Platte considered annexation to Kansas, the legislature voted to move the capital south of the river and as far west as possible. The village of Lancaster was chosen, in part due to the salt flats and marshes nearby. However, Omaha interests attempted to derail the move by having Lancaster renamed after the recently-assassinated President Abraham Lincoln. At the time, many of the people south of the river had been sympathetic towards the Confederate cause and it was assumed that the legislature would not pass the measure if the future capital was named after Lincoln. -- Source: Wikipedia.com

Nebraska 2000 Census Population Profile Map

	Lincoln	Nebraska	United States
Population	225,581	1,711,263	281,421,906
Median age	31.3	35.3	35.3
Median age for Male	30.3	34	34
Median age for Female	32.5	36.6	36.5
Households	90,485	666,184	105,480,101
Household population	213,938	1,660,445	273,643,273
Average household size	2.36	2.49	2.59
Families	53,580	443,411	71,787,347
Average family size	2.99	3.06	3.14
Housing units	95,199	722,668	115,904,641
Occupied units	90,485	666,184	105,480,101
Vacant units	4,714	56,484	10,424,540

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California Real Estate

Local Information for Lincoln, NE

Latitude: 40.809868 -- Longitude: -96.675345

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