Compass Bridge Loan Services provides 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 us.
This program may be useful in facilitating a short-term bridge loan strategy, whereby the equity from a client’s current home is used in purchasing a replacement property, in turn relieving the rush to sell. Furthermore, this strategy may be useful in structuring a more compelling offer for the replacement property, particularly when competing in a multiple offer situation.
Here’s How COMPASS Bridge Loan Services Works
- Work with us to find your next dream home.
- Apply and get approved for a bridge loan with the lender of your choice.
- Work with us to get the first six months of your bridge loan payments fronted.
- Move into your new home while we work to sell your current home faster and for more money.
- When your old home sells, simply use the proceeds to pay back the bridge loan and any fronted monthly payments.
Recently launched as a pre-market renovation program and was designed to empower sellers in maximizing the value of their property before placing the property on the market. Compass will advance funds, interest-free, which may be used to renovate a property before going to market. Painting, floor covering, landscaping, even kitchen, and bath remodels may be completed through this program. Once the house is sold, Compass is reimbursed out of the escrow proceeds, again, interest-free. Before Compass Concierge, we had many clients that would have been interested in completing a minor renovation if the process had been streamlined, quick and didn’t require an up-front investment, particularly when dealing with estate sales that involve multiple decision-makers involved. Whether you’re facing basic wear-and-tear or your home requires more significant upgrades, Concierge has the power to transform a property — and the price it can claim.
Wondering what services Compass Concierge covers?
Strategic staging | Fresh paint | Updated HVAC | Plumbing | Landscaping | Cosmetic renovations | Moving + storage | Roofing repair | Upgraded electric | Decluttering | Structural fencing | And more!
Curious to learn more? Contact us to discuss how Compass Bridge Loan Services and Concierge could help you.
About Us: Rick and Suzanne Bell share a marriage and real estate partnership at COMPASS out of the Los Altos office, where they serve Los Altos, Los Altos Hills, Palo Alto, Mountain View and surrounding Silicon Valley and Bay Area communities, Rick and Suzanne deliver a diverse and unique skill set when assisting clients in the marketing of their homes.
We devote significant resources toward the production of superior marketing collateral, which is then promoted through a multitude of social media channels. Social media marketing can become complex very quickly and we believe that we can demonstrate how our expertise in this area is unique, compelling and adds significant value for our clients in the marketing of their homes.
Rick’s background in both commercial and residential real estate marketing, coupled with his personal experience in real estate investment and home renovation empowers Rick’s clients with creative, unique and practical solutions when preparing and marketing their homes for sale.
Having managed nearly 500 employees as a Nordstrom store manager, Suzanne’s background in leadership, problem-solving & customer service provides for a very unique skill set in addressing the challenges often faced during a modern real estate transaction. Suzanne strives to reflect the Nordstrom customer service pledge within her real estate practice.
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Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage. All Coming Soon listings in NYC are simultaneously syndicated to the REBNY RLS. Compass makes no representation or guarantee that Coming Soons are available in your region, or that its use will result in the benefits described herein.