Whether you’re a first time buyer or experienced real estate investor, Matthew Lehman Real Estate recognizes the purchase of a home is one of the most important investment decisions one can make. We have worked with every type of buyer ranging from the first time condominium owner to the seasoned buyer looking for large commercial uses.
Helping you be prepared for your search is important, particularly if you are traveling great distances to look at property. For example, have you had the opportunity to conduct and initial search for a home or condominium online? Have you been provided related video or photos of your prospective listings? Have you been pre-approved by your lender? Well these are just a few considerations that that can make your initial search easier.
Our firm is a team of professionals with backgrounds in residential sales, commercial sales and leasing, appraisal and general resort mountain living and with our in-house transaction coordination you have comfort in the fact that your purchase will be a smooth experience.
Visit our Market Analysis section or sign up for our Newsletter to start learning about the Mammoth Lakes real estate market, then search for some homes or condos using our many search tools.
Why Buy With Us?
Everyone dreams of owning their own home. When buying your first home, it can be a very exciting, yet anxiety filled experience. However, if you know what to expect during the home buying process you will be more relaxed and comfortable during this lengthy process knowing that we will be by you every step of the way guiding you through it and looking out for your best interests. Below are some of the things we will be helping you with along the way!
Setting a Budget
Before the house hunting process begins, it is important to know how much you can afford. Expenses to consider include the down payment, monthly expenses, property taxes and any home insurance costs. These will all have to be considered before the home buying process begins as they are typically included in your new monthly payment. Since a person’s credit score determines their interest rate, knowing your score ahead of time can help you decide if now is a good time to buy or not. An individual’s debt-to-income ratio must also fall within acceptable limits of the home’s cost. Once you have determined these things, and if you feel that your budget has enough room to afford a new home, then its time to begin the home buying process!
When looking for a loan, be sure to get more than one loan quote to get the best interest rate and loan terms for your mortgage. Different banks and companies will offer different loan origination fees and by shopping around you can often times save yourself a lot of money. Be sure to also check your loan officers website for testimonials and information. A good loan officer will offer you many online resources and tools. Before you lock in your rate, be sure to check the daily rate with the rate your loan officer gives you to ensure you are getting the lowest rate possible. Interest rates will determine how much a mortgage will cost each month and come in fixed or adjustable terms. Mortgage lengths can range from 15 years to 30 years with some loan providers now offering 40 year mortgages as well. The longer the repayment term, the lower the payments will be. However, the interest accrued will also be higher on a longer loan.
Finding a Home
Once you have been pre-approved for a mortgage and you know what amount your bank has approved you for, it’s time to find your dream home! First, start by trying one of our easy home searches above. You can use the Easy search to search with the simplest options and get a wide range of homes. Or try the Advanced search to choose more specific options to drill down a more specific set of results. The Map search offers a unique perspective by allowing you to use the polygon tool on the side boundaries on a map around the areas you want to live in. Already know the address of the property you want? Try the Address Search. OR if you have a listing ID you can use the Listing Search to search by MLS#. Find home you like? Simply click not he Schedule a showing button and send me an alert. I will schedule the time and confirm with you once it is set up! Once you have started searching be sure to create a free Property Saver account so you can save your Search criteria and get Listing Alerts sent directly to you so you do not miss out on the hottest buys. You can also save your favorite homes to come back and view later. The Property Saver account has a ton of great tools designed to cater directly to you and provide you with a home buying experience.
Making an Offer
There is an art to making an offer on a home. Typically, sellers place their home’s value a little higher than their desired price. A buyer will send in a lower bid, in a reasonable range, and the seller will counter with an offer somewhere in the middle. Appliances might also be negotiable if you are willing to up your offer a bit. Your Realtor will be watching for signs of problems in the home and will make suggestions to you regarding the offer. Listen to them closely as this is their business and they do it every day. The average buyer only buys a home once every 7 years or so. An experienced Realtor will be able to help you negotiate a lower price that sometimes includes concessions or closing costs. Their job is to protect you in the contract.
Getting a home inspection is a vital part of the home buying process. These inspections ensure that the home’s foundation, ceiling, heating, electrical system, walls, plumbing and entryways are up to certain standards. Sometimes the bank will require a home inspection however; many times they leave it to the buyer to purchase their own. It is extremely important to protect yourself by getting a home inspection right away. You typically have 10 days from an accepted offer to get the home inspected. Many buyers have been saved from disaster by taking the time to spend the extra $200 – $400 to get a home inspection only to find out the house has major problems allowing them to back out of the contract before it is too late.
Lenders normally require that you insure your home. Home Insurance Policies cover the costs to fix any damages that might occur to the home. The price of this insurance is dependent on a home’s age, location and value and the insurance company you choose. Be sure to call around and get several quotes. Agents will oftentimes be able to take your information over the phone and get back to you the same day with a quote. Once you choose a company to insure your new home, the cost of that policy is normally added into your closing costs and sent into an escrow account to be paid to the insurance company directly the first year.
Escrow and Closing Costs
Before the home is legally transferred to you, the closing process must occur. During this phase, you will sign all of the mortgage documents, pay closing costs, and sign various other legal documents. Once all of the papers are signed, the keys to your new home are yours! The only thing left to do is move into your humble abode. This may occur immediately after the closing or at the date set in the closing documents.
Ashley did an awesome job. She came out to show us one house that we were interested in, and she was prepared to show us every property in town that matched our interest. We found a home and Ashley handled all the details, kept our best interest in mind and was considerate of all parties in the transaction. She even set us up with a knowledgeable local Mortgage rep. Ashley made finding the right home and closing it easy and predictable, no surprises. I feel that we got a great deal and that everyone was pleased with the final transaction! Wins, all the way around!
First Time Homebuyers
Ashley was such a great resource for me and my husband. As first-time home-buyers we needed a lot of help and explanation. Ashley went out of her way to meet us in Lee Vining to go over the forms we needed to fill out and answer all of our questions. Throughout the home-buying process she was always available to answer questions, and helped us to understand each step towards owning out first home. I can’t image navigating the paperwork without her!
Easy and Fun
Ashley did a fantastic job walking my wife and me through the home buying process. I particularly appreciated her ability to lay out all of our options at any given crossroad and helped us determine what the best options were for us. She was knowledgeable and had a very quick response time whenever we contacted her with questions or concerns. Easy and fun to work with.
The level of professionalism & communication surpasses all expectation
I highly recommend Matthew Lehman and his great team. The level of professionalism & communication surpasses all expectation. 5 Stars!!
The most informative person in Mono and Inyo Counties
The most informative person in Mono and Inyo Counties with regard to property values along with great negotiation skills for real estate. I Have worked on many properties together with Matthew as a buyer and as a seller.
Matthew is the dude
Matthew is the dude. I practically sleepwalked through the whole process- was that easy.
He was comfortable, enthusiastic and very helpful to work with.
Matthew helped us find and negotiate a new location and lease for our established local family business, TONIK. He was comfortable, enthusiastic and very helpful to work with.
Thank you Matthew
Matthew Lehman is very knowledgeable in all aspects of real estate
Matthew Lehman is very knowledgeable in all aspects of real estate. He follows thru and is very dedicated. Matthew spend hours making sure the information is 100% correct. he is very fair to both the Buyer and seller. I have used Matthew for many years and would highly recommend him for any type of RE transaction, especially Commercial.
Next Level Realtor
Ashley is beyond amazing! She found us a perfect house in a tight market, got us a great deal, and then she even helped us set up the few minor repairs we needed for the house (which she negotiated beautifully). She showed us multiple properties, multiples times, and then multiple more times when we just needed another look during escrow or just needed to see our new home for our new twin boys. If you’re buying or selling in the eastern sierra, you should really go with Ashley. I have worked with a handful of realtors here and she is THE next level realtor. I can not say enough positive things about her. She is hands-down the best.
My Daughter’s First Home
Ashley was very professional and knowledgeable with handling my daughter’s first purchase. Her team (escrow, lender, inspector) are all on top of everything. My daughter’s first purchase experience was very smooth. I would definitely recommend Ashley to everyone.
Highly recommend working with Matthew!
Matthew made the commercial leasing process a breeze! I’m a first-time commercial renter and knew that the process was going to be a little more complex than residential leasing… But Matthew guided me through the steps like a true professional. Even though he was representing the owner, I felt that he listened to my needs and encouraged me to ask for tenant improvements and other benefits for my business. After the lease was signed, he continued his service, updating me on the remodeling progress I had asked for, getting me all the measurements I needed and even connecting me to the right people for signage. I was able to focus on opening my store, knowing Matthew had the logistics all taken care. Highly recommend working with Matthew!
Southern California Edison
Mammoth Community Water District
1315 Meridian Blvd
3439 Main St
123 Commerce Drive
Rock N Dirt
62 Berner St
Looking for your perfect property?
Searching for a home or condominium can be a challenging task, particularly with a wide variety of properties to choose from in Mammoth Lakes and its surrounding areas.
As a real estate professional, I keep track of all the properties on the open market and even some that are not.
If you would like me to research the market for homes, or condominiums, that meet your needs please fill out the information below. I will happily send you a free, no-commitment, list of the properties that match what you're looking for.
You can contact me when you are ready to talk about the homes you like.
At your request, I will send you updates of properties that meet your criteria the instant they come on the market.