The Buying Process

A very important initial step.

Select a REALTOR®

The best way to select a REALTOR® is to go to open houses similar to what you are looking for, in the area that you are interested in. Talk with the REALTOR® and ask a lot of questions. Test their knowledge about the property, neighborhoods, and schools.

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Loan Pre-Qualification

This is a very important initial step. The loan agent will ask you to provide some information, ask you several questions about your goals and they will come up with a buying budget that also includes how much you will need to put down for the initial deposit, closing costs, taxes, and insurance. With this information, Lori can start the process of searching for a home for you. If you’re looking for great loan agents, ask Lori to send her vetted contacts.

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Coming Soon and Listing Alerts

Schedule a meeting with Lori to discuss your likes, dislikes, criteria, school districts, budget as well as short and long-term goals. She will then create an online alert that will push listings that meet your criteria as soon as they go on the market. One of the great features of working with a Full Service- Concierge Agent with Compass is that we “Share” the listings that Compass agents have coming in the near future. These can not be found on Zillow, Redfin, or other online sites. They are exclusive to Compass REALTOR®’s and their clients. This gives you, the buyer, an advantage over the competition.

In Person Showings

Lori can schedule private showings for you and/or take you on a tour of several homes in one day. Once you have found a home that interests you, Lori can order the inspections and disclosures and explain them to you. California is a full disclosure state. Seller’s and their agents are required by law to disclose any and all facts about the property. It is very important to have a Full Service agent sit down with you and go line by line through every item so that you are clear and can make a well informed good faith offer.

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Bank Appraisal

Once you have an accepted offer your lender will order an appraisal of the subject property. Typically banks will only loan 80% of the value of the home.

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Release Contingencies

With all offers, there is a set deadline for the buyer to remove ALL contingencies (Loan, Appraisal, and Inspections) once these contingencies are removed if the buyer decides to back out they will forfeit their good faith (initial) deposit.

Final Walk Through

Along with Lori, you will take one final look at the property prior to the title transfer just to ensure that it remains in the same condition that it was when you placed the original offer.

Work With Lori

Lori is responsive, enthusiastic, and professional, she has built a solid reputation and a vast network of local connections, to aid and assist her clients in every aspect of their transactions.