1 ) How do I "get qualified" to buy a house?

Call one or more lender.  Ask for their home mortgage department.  Shop around for the best rates.  The
lender will need information pertaining to your income, salary, and debts.  Ask for the lender for a conditional
or spot approval for a mortgage.  Call Gold Seal Properties and get details of our comprehensive financing options.

2 ) Should I sell my house before I buy another one ?

Yes.  But do not sell it until you have found another one.
Use the following warning approach:
* List your house for sale; and then start house hunting.
* If you find a house to buy, make sure your contract states that the sale is contingent upon you selling
  your house within a specified time.
* If you find the house you want to buy, write an offer and state that you will buy only if your house sells.

3 ) How much time should I allow to buy a home ?

At least three months:  one month to find one, and two months or more to obtain financing and to close transaction.

4 ) How can I learn about a neighborhood I am interested in?

Talk to an agent that specializes in the area.  Also talk to people who live there.  Find out what they like.  Learn
about the community activities.  Check our South County Information Page

5 ) Should I hire an agent ?

Absolutely, YES (An agent is cheaper than a lawsuit or a lawyer !!)  Call 949-460-0923  or Email us email@goldsealproperties.com 
for details.

6 ) What is a buyer's agent ?

This is a real estate agent hired to represent you, and only you alone.  The rationale is to give you (the buyer) and
seller equal representation.

7 ) How do I locate a good agent ?

Locate a good agent by talking to friends and relatives.  Getting referrals from satisfied customers and others in
the field. Gold Seal Properties has over twenty years experience in the Southern California area and can supply excellent references.

8) What is MLS - 

MLS stands for Multiple Listing Services.  There are many Association of Realtors throughout California.  Members
(agents and brokers) pool their listings inventory together so that all members have access to each other listings. 
When you list your property with a broker; that brokers best marketing tool is to place your listing on the MLS.
Other brokers like Gold Seal Properties can show your property to potential buyers via computer. Be very
suspicious of any agent/broker who does not want to put your listing on the MLS. 

9)  Is there a set commission percentage/fee a broker should charge me?

NO. It prohibited by California law.  The commission is set solely between the Sellers and the broker.  Although, 
6% is common in California. 

10) How much deposit is needed with an offer?

The larger the deposit the better.  Show the sellers that you are serious about purchasing their property. I recommend
at least $2000 for $100,000 property; $3000 for $150,000; $5000 for $200,000; etc.  Please remember you could lose
your deposit if you decide to pull out of escrow and caused damage to the Sellers.