George was born and raised in California, moving to the Coachella Valley in 1991, and has been a full-time resident since. Upon moving to the Coachella Valley and setting his roots, he took his experience in the restaurant industry and became a Franchisee of three eatery franchises and one ice cream franchise with more than 50 employees. After spending the greater part of his young adult life (25 years) in the restaurant business, George made the decision to follow in his mother's footsteps and transitioned into real estate in 2007.
With a long history of being a trusted real estate advisor, George entered the Luxury home market bringing his market knowledge, strategies and attention to detail to the forefront. His personalized marketing plan, coupled with the #1 Global Forever Brand of Berkshire Hathaway HomeServices enables him to have an international reach bringing his clients the best possible outcome.
In 2017, George launched his team, George Lopez & Associates, to give him the ability and flexibility to better serve his clients, accumulating nearly One Hundred Million in sales.
SUCCESSFUL BUYER
TESTIMONIAL
“George did an amazing job with helping us find our new home. He was very knowledgeable and no matter how many homes we wanted to see he was there to shows us until we found the one. His communication was appreciated and he always returned our calls or texts and assured us that everything would be fine no matter how stressed we were during the process. We were so worried about closing on time and with George's expertise we actually closed early. We would highly recommend George to anyone that needs help with purchasing a home!"
I F F E R E N T T Y P E S O F L O A N L E T T E R S
Loan “Pre-Qualification” could be a discussion and possibly no loan application
Loan “Pre-Approval” is usually a loan application, credit, assets verified and documentation to support income
“Fully Underwrien Approval” I s the Strongest Approval and the best you can choose to be competitive with your agent You are doing the work up front and the oer is backed by a $30,000 closing guarantee Not all lenders will provide a Fully Underwrien Approval with a loan commitment, most can only issue pre-approvals
Lets talkmoreabout how toget themost competitive oer for youragent to make
I can confirm that the mortgage product you’re considering is indeed the best fit for your financial situation and goals It helps ensure that you’re not missing out on potentially beer terms or rates available in the market
NATORAE (NAT) WETTSTEIN
SR. MORTGAGE CONSULTANT / NMLS 1707128
951.566.6111
Nat.Wettstein@PHMLoans.com
Natorae (Natt) Wettstein brings a wealth of knowledge and expertise, with over 34 years of experience in the financial services industry. She is known for her collaborative approach with clients and agents to work as a team. She has a deep understanding of loan products and market trends; her calm approach helps buyers first navigate the process of having the strongest offer for their home purchase.
Natt’s experience in lending has ranged from lending in all states, with banks, credit unions, brokered products, direct lending and mortgage bankers. She is licensed in multiple states and committed to building longterm relationships. She prioritizes clear communication and transparency, guiding clients through every step of their financial journey. She and her team are dedicated to excellence and passion for helping clients purchase homes and refinance when timing and goals are being revised.
It takes dedication to get your fully underwritten approval completed. If you are a serious buyer in this market today your offer will be scrutinized, and your lender needs to be able to articulate your qualifications and provide a clear understanding of why the seller can feel comfortable choosing your offer to close on time with out complications. Your agent and your lender represent your offer and with our team you can rely on knowing we have worked together on many successful transactions, giving you an advantage.
OVERALL PROCESS:
The loan qualification process involves gathering and reviewing the borrower’s financial information, assessing their ability to repay, and determining if the loan aligns with the lender’s risk policies.
We work with your agent to prepare you with a clear understanding of your buying power. It starts with your application and documents to know your options for purchasing your next home. Your agent can help you when they know what you’re approved for, and you have signed a buyer broker agreement to be represented. We all work together as a team which allows your agent to control your destiny with purchasing and closing on time to meet all contract deadlines.
Prosperity Home Loans is an affiliated company we partner with Berkshire Hathaway CA Properties as we are both owned by Warren Buffett.
WHAT DO I DO AS A BUYER REPRESENTATIVE?
1. Schedule Time To Meet Buyers
2.Prepare Buyers Guide & Presentation
3.Meet Buyers and Discuss Their Goals
4.Explain Buyer & Seller Agency Relationships
5.Discuss Different Types of Financing Options
6.Help Buyers Find a Mortgage Lender
7.Obtain Pre-Approval Letter from Their Lender
8.Explain What You Do For Buyers As A Realtor
9.Provide Overview of Current Market Conditions
10.Explain Your Company’s Value to Buyers
11.Discuss Earnest Money Deposits
12.Explain Home Inspection Process
13.Educate Buyers About Local Neighborhoods
14.Discuss Foreclosures & Short Sales
15.Gather Needs & Wants Of Their Next Home
16.Explain School Districts Effect on Home Values
17.Explain Recording Devices During Showings
18.Learn All Buyer Goals & Make A Plan
19.Create Internal File for Buyers Records
20.Send Buyers Homes Within Their Criteria
21.Start Showing Buyers Home That They Request
22.Schedule & Organize All Showings
23.Gather Showing Instructions for Each Listing
24.Send Showing Schedule to Buyers
25.Show Up Early and Prepare First Showing
26.Look For Possible Repair Issues While Showing
27.Gather Buyer Feedback After Each Showing
28.Update Buyers When New Homes Hit the Market
29.Share Knowledge & Insight About Homes
30.Guide Buyers Through Their Emotional Journey
31. Listen & Learn From Buyers At Each Showing
32.Keep Records of All Showings
33.Update Listing Agents with Buyer’s Feedback
34.Discuss Home Owner’s Associations
35.Estimate Expected Utility Usage Costs
36.Confirm Water Source and Status
37.Discuss Transferable Warranties
38.Explain Property Appraisal Process
39.Discuss Multiple Offer Situations
40.Create Practice Offer To Help Buyers Prepare
41.Provide Updated Housing Market Data to Buyers
42.Inform Buyers of Their Showing Activity Weekly
43.Update Buyers On Any Price Drops
44.Discuss MLS Data With Buyers At Showings
45.Find the Right Home for Buyers
46.Determine Property Inclusions & Exclusions
47.Prepare Sales Contract When Buyers are Ready
48.Educate Buyer’s On Sales Contract Options
49.Determine Need for Lead-Based Paint Disclosure
50.Explain Home Warranty Options
51.Update Buyer’s Pre-Approval Letter
52.Discuss Loan Objection Deadlines
53.Choose a Closing Date
54.Verify Listing Data Is Correct
55.Review Comps With Buyers To Determine Value
56.Prepare & Submit Buyer’s Offer to Listing Agent
57.Negotiate Buyers Offer With Listing Agent
58.Execute A Sales Contract & Disclosures
59.Once Under Contract, Send to Title Company
60.Coordinate Earnest Money Drop Off
BUYER REPRESENTATIVE INFORMATION
61.Deliver Copies to Mortgage Lender
62.Obtain Copy of Sellers Disclosure for Buyers
63.Deliver Copies of Contract/Addendum to Buyers
64.Obtain A Copy of HOA Bylaws
65.Keep Track of Copies for Office File
66.Coordinate Inspections with Buyers
67.Meet Inspector At The Property
68.Review Home Inspection with Buyers
69.Negotiate Inspection Objections
70.Get All Agreed Upon Repair Items in Writing
71.Verify any Existing Lease Agreements
72.Check In With Lender To Verify Loan Status
73.Check on the Appraisal Date
74.Negotiate Any Unsatisfactory Appraisals
75.Coordinate Closing Times & Location
76.Make Sure All Documents Are Fully Signed
77.Verify Title Company Has Everything Needed
78.Remind Buyers to Schedule Utilities
79.Make Sure All Parties Are Notified of Closing Time
80.Solve Any Title Problems Before Closing
81.Receive and Review Closing Documents
82.Review Closing Figures With Buyers
83.Confirm Repairs Have Been Made By Sellers
84.Perform Final Walk-Through with Buyers
85.Resolve Any Last Minute Issues
86.Get CDA Signed By Brokerage
87.Attend Closing with Buyers
88.Provide Home Warranty Paperwork
89.Give Keys and Accessories to Buyers
90.Close Out Buyer’s File Brokerage
GEORGE LOPEZ
R E A L T O R ®
geolopezre@gmail com 760 250 5276 DRE #01817047
HOMEBUYERS: HERE’S WHAT THE NAR SETTLEMENT MEANS FOR YOU
Buying a home is one of the largest financial transactions most people will ever undertake. Agents who are REALTORS® are a trusted source of advice and stand ready to help you navigate your homebuying journey and make the choices that work best for you. NAR’s recent settlement has led to several changes that benefit homebuyers, and we wanted to clearly lay them out for you
Here is what the settlement means for homebuyers:
• You will sign a written agreement with your agent before touring a home.
• Before signing this agreement, you should ensure it reflects the terms you have negotiated with your agent and that you understand exactly what services and value will be provided, and for how much.
• The buyer agreement must include four components concerning compensation:
a. A specific and conspicuous disclosure of the amount or rate of compensation the real estate agent will receive or how this amount will be determined.
b. Compensation that is objective (e.g., $0, X flat fee, X percent, X hourly rate) and not open-ended (e.g., cannot be “buyer broker compensation shall be whatever the amount the seller is offering to the buyer”).
c. A term that prohibits the agent from receiving compensation for brokerage services from any source that exceeds the amount or rate agreed to in the agreement with the buyer; and,
d. A conspicuous statement that broker fees and commissions are fully negotiable and not set by law.
• Written agreements apply to both in-person and live virtual home tours.
• You do not need a written agreement if you are just speaking to an agent at an open house or asking them about their services.
• The seller may agree to offer compensation to your agent. This practice is permitted but the offer cannot be shared on a Multiple Listing Service (MLS) MLSs are local marketplaces used by both buyer brokers and listing brokers to share information about properties for sale.
• You can still accept concessions from the seller, such as offers to pay your closing costs.
These practice changes will go into effect August 17
Here is what the settlement doesn’t change:
• Agents who are REALTORS® are here to help you navigate the homebuying process and are ethically obligated to work in your best interest.
• Compensation for your agent remains fully negotiable, and if your agent is a REALTOR®, they must abide by the REALTOR® Code of Ethics and have clear and transparent discussions with you about compensation. When finding an agent to work with, ask questions about compensation and understand what services you are receiving.
• You have choices. Work with your agent to understand the full range of these choices when buying a home, which will help you make the best possible decision for your needs.
More
details about these changes and what they mean can be found at:
