Buyer's Guide

Our team provides home buyers with expert and unrivaled advice, accurate market and property information, prompt access to coveted properties, and the highest level of service and discretion. That’s why we are nationally ranked in the top 1% of all agents.

​​​​​​​While every financially significant investment poses risks, the Los Angeles real estate market offers more opportunity than ever before. Whether you are an experienced real estate investor or a first-time home buyer, it’s important to educate yourself on the home buying process, and to understand the unique local market trends impacting your target neighborhoods. It’s also essential that you select a skilled and experience real estate advisor to help you navigate the process.

The Escrow Process

1

Buyers & Sellers sign purchase agreement

2

Listing agent opens escrow

3

Buyer place deposit into escrow holder's account

4

Escrow holder order preliminary title report from title company

5

Escrow prepares instructions & documents

6

Escrow holder reviews preliminary title report

7

Request demands for payoff

8

Escrow reviews demands & documents

9

Buyer & Seller sign and return escrow instructions

10

Escrow forward "Statement of Identity" to title officer to clear title under general index

11

Escrow coordinates with Lender to fulfill all statuses and conditions

12

Loan approval is obtained; loan documents are ordered by Escrow

13

Escrow holder reviews file to ensure all conditions have been met. New home owner's insurance, HOA information, and data on liens are completed

14

Escrow receives loan documents

15

Buyer's loan documents are signed and returned to Escrow with remainder of funds

16

Escrow requests funds from lender

17

Escrow & Title company review title insurance requirements Escrow receives funds from lender

18

Deed is recorded, file is closed, funds are distributed to Seller

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Ready to Make a Move?

Experience the difference with our sophisticated, client-centered approach. The Reichling \ Pickard Team has transacted over $1.5 billion in homes sales and our accolades include recognition as the #1 Agents in Los Feliz, one of the Top 10 Medium Sized Teams in Los Angeles by LA Business Journal, and the #1 Team at Compass Hollywood.