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How to buy a home with The Digital Real Estate Agent, Alokee!
Use Alokee, and save thousands in real estate agent fees.

Step 1: Find houses online.

You can use the Alokee app, or any other home search app that you like.

Step 2: Arrange financing with a mortgage lender.

To make an offer online, you will need a pre-approval letter indicating the mortgage loan you are eligible for. If you don’t have a lender, contact us and we will send you three options.

Step 3: View homes in person.

Use open houses or Alokee to view homes in person. If you have questions or want additional information about a home, message Alokee. 

Step 4: Put in an offer! 

Once you’ve found a house you want to buy, put in an offer through Alokee.

Want to know what price and terms to offer? Alokee uses the most up-to-date sale information to give you advice on writing the winning offer. When you are confident in your offer price, enter it in Alokee! Alokee generates an offer letter that includes your price, planned closing date and your requests to the seller (these are called “contingencies”).  You can tailor your contingencies in the Alokee App. Alokee submits this offer directly to the seller’s agent. If the seller responds with a counter-offer, you can accept or reject the counter-offer in the Alokee app; or submit your own counter-counter offer.

If you need assistance at any time, you can message an Alokee attorney or transaction coordinator real estate attorney for expert advice.

Step 4: Once the Seller accepts your offer, complete the steps to close.

An Alokee transaction coordinator will guide you through these steps:

 

  1. Hire a professional property inspector to conduct a thorough inspection of the home and deliver an inspection report.

  2. Contact an insurance company to obtain a homeowner's insurance policy, dated to begin on the planned closing date.

  3. Your escrow agent will receive instructions from your mortgage lender to finalize loan documents and close the loan. In the days before your appointment, your lender will provide you with a form from the U.S. Department of Housing and Urban Development, called a HUD statement, which provides itemized details about buyer and seller charges and the dollar amount you must bring to the table to cover down payments, fees and closing costs.

  4. Obtain a certified cashier's check or coordinate for a bank wire in the amount indicated on the HUD statement.

  5. Lastly you will meet with a notary assigned by the Title Company to close the sale. You will sign several documents and either present your cashier check or verify that the wire transfer has been submitted. Once the title agent or attorney receives notice that funds have been transferred from your lender, the deed for your new house will be recorded at the county recorder's office and the rights to possession will be yours.

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info@alokee.com 

Alokee Inc. CA DRE 02201041 - 1212 Broadway Plaza STE 2100, Walnut Creek, CA 94596

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