Our commitment to excellence, local market knowledge, cutting-edge technology, and hard work differentiate us from the competition. Your Frontdoor agent will be with you every step of the way, from scouting neighborhoods, showing available properties to negotiating, and everything in between.
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Buying a Home in Los Angeles
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Step by step guidance through the home buying process.
Navigating Through Buying Process
When the time comes to buying a home in Los Angeles, it’s best to have someone on your side who knows what they’re doing. Los Angeles real estate offers a variety of properties and prices so you can find your perfect fit. We’ll ease the process with our search for homes in your price range, showing you available properties and negotiating a great deal for your home.
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Wondering what it takes to buy your own home? We’ve compiled a comprehensive buyers guide for all of the information you need.
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First-Time Home Buyer’s Glossary
The relationship between a principal and principals agent arises out of a contract, either expressed or implied, written or oral, the principal implying the agent to do specific activities dealing with third parties.
The miscellaneous expenses buyers and sellers usually incur in the transfer of the real property over and above the price and received for the property.
A written instrument which, when signed and delivered (executed), conveys title to real property from one person (grantor) to another (grantee).
Directives an escrow officer undertakes as given by buyer and seller, or lender and borrower to coordinate the closing on the purchase agreement or mortgage origination.
A home inspection is a noninvasive, structured examination of the different mechanical, electrical, and plumbing systems in a house, as well as any structural components such as roof, ceiling, walls, floors, and foundations.
Loan to Value Ratio
A ratio stating the outstanding mortgage balance as a percentage of the mortgaged property’s fair market value.
A three-dimensional space of real estate identified by a legal description.
Commonly used in real estate transactions, this document is often considered a checklist to negotiate a real estate sale between the buyer and seller.
Real Estate Owned Property (REO)
A house or piece of property that a mortgage lender acquires in the event of foreclosure.
Ownership of a property indicates the lawful right to occupy, use, and enjoy it without interference from others. The bundle includes an owner’s rights to possess and dispose of the property as he or she chooses (e.g., for sale), exclude others from owning it, convey ownership interests to beneficiaries in a will or trust, etc.