As your Los Cabos agent, I will:
- Assure that you see all the Cabo San Lucas homes for sale that meet your criteria. Not just those listed on the local MLS, but also many un-listed properties that I find through my local contacts and affiliations.
- Guide you through the entire process, from finding homes to look at, to closing the transaction.
- Make sure you don't pay too much for your new home. As a real estate expert in the Cabo San Lucas area, I help people negotiate and make home purchase decisions every day. I can help you avoid costly mistakes.
- Answer all of your questions about the local Cabo San Lucas market area. Not just about homes for sale, but about schools, neighborhoods, the local economy and more.
Purchasing a Los Cabos Home for Sale with Julie Kershner
Buying a home is stressful for most people. However, with some up-front planning, it isn't very complex. So you'll understand exactly what to expect, I like to supply my buyers with an overview of the entire deal. These are my nine steps to purchasing a home in Cabo San Lucas.
Step 1 – Prepare to Buy a Cabo San Lucas Home
Before you start looking for a home to buy in Cabo San Lucas, there are many things you should take into account. It's likely that you'll want to create a list of features you need to have, get a feel for what area you'd like to live in, and start planning your budget, remembering that financing is not generally available for the purchase of a property in Mexico. Consider the legal ramifications of making an equity loan on your primary residence, cashing out investments, or borrowing from a retirement account. Also, don't forget to factor in closing costs.
Step 2 – Get in Touch with an Experienced Real Estate Agent in Cabo San Lucas
This is where I can help. I can set up a time so we can talk about your real estate needs and get an idea of your future plans. We'll discuss areas and the different communities in Cabo San Lucas, as well as if beachfront or ocean view are important considerations, as well as any additional economic factors that might affect your purchase today or in the future.
Step 3 – Begin Looking for a Cabo San Lucas Home for Sale
After we visit, I'll begin searching for Cabo San Lucas homes for sale that suit your needs. I'll get a sneak peek of many of the houses and throw out the bad ones, and then we'll book appointments to view the homes when it's most convenient for you.
As we view homes, I'll identify good features and bad ones. I'll also ask you to talk about things you like and dislike. It's widely common for buyers to update their wish list as we view homes and some items become far more essential than others. If that's the situation, I'll search all the listings once more and narrow it down to the house you've been dreaming about.
Step 4 – Understand the Real Estate Market
My knowledge of the Cabo San Lucas market is a necessary benefit in your search. I'm conscious of all the neighborhoods, and I will let you know what areas warrant immediate action and the ones that allow for more consideration.
As we view homes for sale in Cabo San Lucas, I'll be sure to tell you when the asking price has room for bargaining and also when I think the house is "priced to sell." When working with an agent, be careful and make sure you ask lots of questions, as every sales agent in Cabo San Lucas will claim to truly understand the home market. If it doesn't seem like they know everything, just call me at 520-204-5450 or e-mail me and I'll be more than happy to answer your questions. My market expertise will help you stay a step above the rest throughout the entire process.
Step 5 – Find the Cabo San Lucas Home You've Been Waiting for
I'm confident we'll find your dream house in Cabo San Lucas, and when that happens, I'll carefully create your home purchase offer. The offer will be tailored to suit your needs. Whenever necessary, I never forget to make contracts contingent upon items like acquiring financing and the results of the home inspection.
When turning in your purchase offer, you'll want to present "earnest money." This is a cash deposit made to an Escrow Company to secure an offer to purchase the property. The amount is typically put towards the cost of closing. If your offer is accepted, we should close on the property within 60 days after.
Step 6 – Negotiate the Deal
Unfortunately most contracts don't close on the beginning offer – it's extremely common to receive a counter offer. But don't let this discourage you. We'll talk about whether or not to take the counter offer, submit our own counter offer, or reject the seller's offer and move on.
How aggressively we negotiate the contract depends on market conditions. We'll also work within your financial limits. And at the end of the day, we'll create a deal that works well for you.
Step 7 – Secure Your Closing Funds
Because financing is not readily available in Mexico, it may be necessary to obtain an equity loan on your primary residence. Occasionally, seller or developer financing is available. Check with your accountant or financial advisor to see if it is possible to borrow on your retirement account.
Step 8 – Close the Deal
The closing process on your home in Cabo San Lucas can be a lengthy ordeal, however I will help you through the process. We will obtain an escrow company to hold your funds, as well as a closing agent to obtain all the necessary permits, applications, appraisals, title search and anything else that is required prior to closing. Because a closing date can change at the last minute, through no fault of the buyer or seller, many times buyers and sellers use a Power of Attorney, which designates a local person to sign on their behalf. The closing will happen at the Notario Publico's office and will most often be a smooth and relaxed occasion.
Step 9 – Move In to your Cabo San Lucas Home
Congratulations! It's time to move into your new home in Cabo San Lucas. Enjoy it. And if you need anything or have any questions, make sure you contact me at 520-204-5450 or send me an e-mail.
Let me help you find your dream home and assure your best interests are protected throughout the entire process. Fill out this form and I'll get back to you right away.