The Home Buying Process by sobyfoxteam

THE SOBY-FOX TEAM

soby fox@mottandachace com

Bridgette Soby 401662 7969 bridgette.soby@mottandchace.com

Danielle Fox 203 984 9319 danielle.fox@mottandchace.com

Gary Roberts 508 333 4784 gary roberts@mottandchace com

Melissa Rampone-Arpin 401996 6023 melissarampone arpin@mottandchace com

Meet The Soby-Fox Team,a powerhouse of real estate expertise Leading the way is Bridgette Soby, a trailblazer in her field since 2003.She boasts an impressive career punctuated by prestigious honors,including her esteemed position among America?s Top 100 Realtors,and the consecutive recognition of Professional Excellence in Real Estate Awards by Rhode Island Monthly

In partnership with Bridgette,Danielle Fox channels her profound passion for community and luxury marketing into a symphony of creativity and meticulous attention to detail.

Adding to the ensemble is Gary Roberts,a pillar of strength and leadership.His remarkable career within the United States Air Force,defined by unwavering dedication and a ?whatever-it-takes? mindset,is further enriched by his prowess in negotiation and construction

Rounding out the team is Melissa Rampone-Arpin,a lifelong Rhode Islander and award-winning real estate professional with deep commitment to excellence and a multitude of specialty designations

With over fifty years of combined experience,they?ve managed transactions totaling nearly $250 million,setting the standard for excellence in Rhode Island?s real estate market Their collective strengths allow them to navigate the complexities of luxury real estate with finesse and precision while representing some of the state?s most iconic properties

Backed by the distinguished Sotheby?s International Realty brand,they provide a unique blend of global reach and local expertise

Elevate your real estate experience with The Soby-Fox Team As a united force,they bring a wealth of skills and knowledge to the table,creating a symphony of refined service and market mastery.

YourTrusted Advisors

WHY WORK WITH A BUYER?S AGENT?

The decision to purchase a home is likely one of the largest financial and lifestyle decisions you will make.By aligning yourself with a trusted advisor,you will be well positioned to find the right property,negotiate fair terms and overcome any obstacles that occur along the way Leveraging our vast local expertise,industry connections,and resourceful tools,The Soby-Fox Team at Mott & Chace Sotheby?s International Realty will not only assist in helping you find the right home,but guide you through the entire purchase process.

A buyer?s agent has a fiduciary responsibility to represent only the home buyer?s best financial interest in all aspects of the home buying process The buyer?s agent is generally paid a commission at the time of the closing through an offer of compensation made by the seller.The amount of compensation offered often is factored into the purchase price.

We have the keys to where you want to be.

WHY WORK WITH MOTT & CHACE SOTHEBY?S INTERNATIONAL REALTY?

By providing exceptional service,in-depth market knowledge,and unmatched opportunities,we can ensure clients receive every advantage in the market.Our sales associates are recognized as industry leaders and experts in the Rhode Island, Massachusetts,and Connecticut marketplaces and are uniquely positioned to assist or clients to meet their real estate objectives successfully.The direct affiliation with the Sotheby?s auction house and Sotheby?s International Realty®offers the company unparalleled global reach,giving our clients the benefit of receiving prime exposure to a network of more than 27,000 sales associates in 79 countries and territories

Clients turn to us after considering one key question: ?Who can do the most for me?? Doing more is our distinction.

We would like to personally thank you for considering Mott & Chace Sotheby?s International Realty as your partner for your real estate needs.

YourRepresentation

THE VALUE OF A BUYER'S AGENT

It is important that you establish a formal buyer agency relationship with the professional you choose to work with to affirm that you have someone committed to representing you and your best interests as you pursue buying a home By entering into a written buyer agency agreement together,I become your agent with a fiduciary duty to act with good faith,trust,and confidentiality,acting for your benefit Without a buyer agency agreement, no one is looking out for your interests in a transaction Our service is built upon six pillars:

ADVOCACY

Do you value someone who will prioritize your home search and purchase?

Do you value someone who will protect your interests and confidential information?

Do you want an intermediary who can navigate difficult and possibly uncomfortable negotiations?

GUIDANCE

Do you value an experienced professional who will be with you every step of the process to capitalize on opportunities and avoid pitfalls?

Do you want to avoid costly errors in the purchase and leverage a guide who can anticipate resale?

Do you value access to local professionals with expertise in financing, structural inspection, insurance, and similar services?

SKILLED NEGOTIATIONS

Do you want someone representing you that has a record of success and the ability to get buyers into the home they want on price and terms favorable to them?

Do you want to work with someone who can prepare a negotiating strategy customized for this situation and position your offer for the greatest success?

EDUCATION

Do you value someone who understands current market conditions and can anticipate changes?

Do you value an advisor who can caution where there are risks to avoid or identify opportunities to capture?

Do you value transparency and open communication?

Do you want more than a list of comparable sales but deep knowledge of how those sales impact on the property you are considering?

KNOWLEDGE & EXPERTISE

Do you value an experienced real estate advisor with in-depth local and industry knowledge?

Do you want to work with someone who is a built-in supportive network of professionals around the globe?

NON-MLS & COMING SOON LISTINGS

Do you want to work with an agent who has access to an extensive database of non-MLS inventory from sellers looking to sell discreetly?

Do you want to work with an agent who can also alert you to listings in "coming soon" status before they are actively launched in MLS?

BychoosingTheSoby-FoxTeamandMott& ChaceSotheby'sInternationalRealtyasyour realestatebuyer representatives,youareoptingfor anallywhowillusetheir vastexpertise andunwaveringcommitmenttoexcellencetoensureyoufindtheidealpropertyfor youand secureitatthebestpossibleterms.

Buying Timeline

01| GET PRE-APPROVED ? UP TO 2 WEEKS

The first step of the home buying process is getting pre-approved for a loan During this process,your mortgage lender will review your income and credit history to determine what size loan you are eligible to receive.

02 | MAKE A LIST OFNEEDS & BROWSE LISTINGS ? ABOUT 1WEEK

Once you have determined your budget,you and your agent will meet to review your wish list,desired timing,and create property search alerts so you will be the first to know when new listings match your criteria.

03 | TOUR PROPERTIES ? 1WEEK TO 4 MONTHS

Properties will be toured with your agent,and in most cases,the listing agent. It is recommended to drive by the property and nearby surroundings in advance,and at different times of day to get a sense of the possible traffic and noise levels.

04 | MAKEAN OFFER & NEGOTIATE ? 3 TO 5 DAYS

When preparing an offer,your agent will show you comparable properties and collaborate on different strategies to make the offer more appealing.You have the right to a home inspection and a mortgage contingency,but may want to consider waiving these or other contingencies to stand out from the competition.Your offer must come with proof of earnest funds,typically a $1,000 deposit.

Crafting a winning offer: negotiable aspects of the contract

1. Price

2. Terms (earnest money deposit,down payment,financing)

3. Dates (closing and possession)

4 Inclusions & exclusions

5. Contingencies

05 | FINALIZE LOAN & MEET CONTINGENCIES ? UP T0 2 MONTHS

Your mortgage lender will work with you to review all the loan documents and lock in your rate.Your agent will help to ensure you meet all requirements and contingencies included in the purchase and sales agreement,to stay on track for the closing date.

OfferStrategies

OfferAccepted: NowWhat?

SUBMIT YOUR DEPOSIT

This amount is usually about 5% of the total purchase price.

SCHEDULE A HOME INSPECTION

The inspection period is 10 days.

NEGOTIATE ANY REPAIRS

The results of the inspection may create opportunity for negotiation if any issues arise.

SCHEDULE A HOME APPRAISAL

The lending company requires this to know how much the property is worth.

SECURE YOUR MORTGAGE

Work with your lender to ensure the mortgage contingency date is met.

SCHEDULE A FINAL WALKTHROUGH

Ensure everything is in place for you to take possession of the property.

CONNECT WITH YOUR ATTORNEY

Make sure that all paperwork has been completed in time for the closing.

CELEBRATE!

Begin your new chapter

BuildingYour Team

Soby-Fox Team recommended professionals

LENDERS

Michael Pelosi ? Citizens Bank 401782 6616

michael.a.pelosi@citizensbank.com

Deb Beauchamp ? Navigant Credit Union 401.235.6048

dbeauchamp@navigantcu.org

Jennifer Larson ? Washington Trust 4014874462

jhlarson@washtrust.com

John Faria ? Province Mortgage 508.762.7873

jfaria@provincemortgage com

INSPECTORS

Home Safe Inspections,LLC

401.384.0832

robert@homesaferi com

HomePro Inspections

401.821.5446

Patriot Property Inspections

401.578.4878

ATTORNEYS

Adam Thayer Sayer Regan & Thayer,LLP

401.849.3040

athayer@srt-law.com

Scott Denelle

Priority Title | Kenyon Law 401789 0276

scott@prioritytitlecompany.com

Melissa D?Ellena D?Ellena Law Office 401.885.3800

melissa@dellenalaw com

Todd McNamara DeAngelis & McNamara,PC 401.737.6877

INSURANCE PROVIDERS

Gates Insurance Agency 401789 3071

Carey,Richmond & Viking Insurance 401.683.3900

info@crvinsurance.com

Starkweather & Shepley Insurance Brokerage,Inc. 401435 3600

What Our ClientsSay

?It?sbeenwonderfultoworkwithBridgetteandher team inlistingour home Therewasaneaseandefficiencyto their approach It allhappenedinjust afewdayswithexcellent results Bridgetteisakindandcaringlistener Sheunderstoodour objectivesandpersonalsituationandkept them at theforefront duringtheentireprocess. Wearegrateful.?

? Timothy & Jill Nalewick

?I went withmybrother about ayear agotolookat ahouseinTiverton,RhodeIsland.It wastherethat I met BridgetteSoby I wassoimpressedwithher that I toldher ifI ever decidedtosellmyhome,I wouldcontact her tobemyRealtor.About ayear later,I calledher andtoldher I wasreadytosellmyhome.Shemet withmethe next day.Bridgettegivesyou100 percent ofher time.Sheimmediatelysent melistingsofwhat wasonthe market.I wouldlookthem over andtellher whichonesI wantedtosee.Sheimmediatelywouldcallmebackand givedaysandtimesthat wecouldgoandseethem.Her goalwastofindmeaplacethat I wouldlove.Shefound mea condoinPortsmouthandI am sohappyhere.Ifyouareluckyenoughtoget Bridgetteasyour Realtor,you willbe100 percent happythat youchoseher.?

? Maureen Edenbach

?Daniellewasabsolutelyamazingfrom theverybeginning.Thewholeprocesstookoffquicklyandshewasright thereandwillingtoguidemethroughthewholeprocess.Asafirst timehome-buyer,Danielleguidedmethrough theprocessandprovidedamazinginsight andguidancetohelpmeget thehouseofmydreams.I wasout ofthe countryastheopportunitycameupandshewaswillingtostepinfor meandprovideanhonest opinionofthe propertyandassist throughthewholeprocess.After theoffer wasaccepted,sheguidedmethroughtheclosing processandgot usover theline.SheisatrueprofessionalandWILLrecommendher toanyoneI knowlookingor sellinginthefuture.?

? Happy buyer

?MygirlfriendandI recentlypurchasedour first property.Wehadnearlynoknowledgeofclosingprocedures, condodocs,taxscheduling,or thelocalrealestatemarket.GarywasveryPATIENTwithus,THOROUGH,anda MODELPROFESSIONAL.Whenwepurchaseour next propertynext year,wewilldefinitelybeusingGaryagain.?

? Happy buyer

?Melissaepitomizeswhat everyoneshouldaspiretointheirrespectivefields.Her mixofenthusiasm, professionalism,expertise,andconfidenceareabovetherest.Sheisclearlydedicatedtoher clients,and consistentlygoesaboveandbeyondtoexceedexpectations.Her market analysisandnegotiationskillsare impeccable Sheisdefinitelysomeonetobeemulated Melissa isavaluableasset totheworldofrealty I recommendher asyour realtor withthehighest regard?

? Happy client

L ET ' S TA L K A B OUT YOU:

BACKGROUND & PREFERENCES

What is most import ant t o you in t his process?

Do you know how t he agent s involved in real est at e t ransact ions are compensat ed for t heir knowledge, experience, t ime and client represent at ion?

Have you purchased a propert y in t he last one t o five years?

What was that experience like for you?

What was something your agent accomplished that you thought was exceptional?

Was there something you wish your agent did differently?

How did you choose the agent with whom you worked?