Whether it’s your first time buying a home or it’s your fifth time, let us walk you through all the steps it takes to make it a successful and pain free experience for you.
Bridge Loans
A simple solution to bridge the gap between the home you have and the home you want
Compass Bridge Loan Services gets you access to competitive rates and dedicated support from industry-leading lenders, with the exclusive option to get up to six months of your loan payments fronted when you sell your home with a Compass agent.
3 Easy Phases For A Home Buyer
Phase
CONSIDERATION
Needs, Wants and Priorities
Purchase Timeline
Financial Parameters and Costs
Buyer-Agent Relationship
PREPARATION
Financing Pre-Approval
Assess Market Conditions and Values
Learn Property Types
Neighborhood Pros and Cons
SEARCH
Listing Information Review
Home Tours and Open Houses
Exploring Options/Learning the Market
Find the Home You Wish to Buy
Phase
DUE DILIGENCE
Lender Appraisal
Property Inspection and Investigation
Review of Disclosures and Reports
Removal of Contingencies of Sale
Phase
The Buyer is generally expected to pay for:
- Title Insurance Premiums
- ALTA Inspection Fee
- Escrow Fee
- Document Preparation (if applicable)
- Recording Charges for all documents in the Buyer’s name
- Tax Pro-ration (from the date of acquisition)
- Homeowner’s Transfer Fee
- All new Loan Charges (except those required by the Lender for the Seller to Pay)
- Interest on the new Loan from the date of funding to 30 days prior to the First Payment Date
- Assumtopn/change of Records Fees for takeover of Existing Loan
- Inspection Fees (roofing, termite, propoerty inspection, geological etc)
- Fire Insurance Premium for the first year
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