fbpx

Sonic Realty

DJ Peterson

Common Pricing Mistakes That Keep Homes from Selling

Common Pricing Mistakes That Keep Homes from Selling

Everyday Pricing Mistakes That Keep Homes from Selling Selling a home is a significant financial transaction that requires careful planning, marketing, and, most importantly, pricing. While many sellers believe their homeā€™s price should reflect their emotional attachment or the amount invested in it, the real estate market operates differently. Pricing a home incorrectly can lead […]

Common Pricing Mistakes That Keep Homes from Selling Read More Ā»

The Psychology of Home Staging: What Really Attracts Buyers

The Psychology of Home Staging: What Really Attracts Buyers

When selling a home, first impressions matterā€”often more than we realize. Home staging is the art and science of preparing a home for sale to maximize its appeal to potential buyers. This process is not just about decorating a house; it’s about creating an environment that allows buyers to envision themselves living there. The psychological

The Psychology of Home Staging: What Really Attracts Buyers Read More Ā»

Questions You Must Ask Before Buying in a New Neighborhood

Questions You Must Ask Before Buying in a New Neighborhood

Questions You Must Ask Before Buying in a New Neighborhood Buying a home is one of the most significant decisions for everyone. Whether you’re a first-time homebuyer or an experienced investor, your chosen neighborhood is as essential as the house itself. A home might look perfect on the inside, but the surrounding community will play

Questions You Must Ask Before Buying in a New Neighborhood Read More Ā»

Understanding Mortgage Pre-Approval: A Step-by-Step Guide

Understanding Mortgage Pre-Approval: A Step-by-Step Guide

introduction Buying a home is one of the most significant financial decisions a person can make. Obtaining mortgage pre-approval is a crucial first step to navigating the complex process. Mortgage pre-approval gives potential buyers an advantage by helping them understand how much they can afford, demonstrating financial credibility to sellers, and expediting home-buying. This guide

Understanding Mortgage Pre-Approval: A Step-by-Step Guide Read More Ā»

First-Time Homebuyer's Complete Checklist

First-Time Homebuyer’s Complete Checklist: What You Really Need to Know

Purchasing your first home is a monumental milestone, but it can also feel overwhelming without proper preparation. From financial planning to closing the deal, this guide will walk you through everything you need to know to make your first home-buying experience successful. 1. Evaluate Your Financial Health Check Your Credit Score Your credit score plays

First-Time Homebuyer’s Complete Checklist: What You Really Need to Know Read More Ā»

Scroll to Top
Affiliated Business Arrangement Disclosure Statement
This is to give you notice that Sonic Loans Inc., Sonic Title Agency LLC, and Sonic Realty LLC have a business relationship. The nature of the relationship between the Referring Party and the provider(s), including percentage of ownership interest, if applicable, is: Sonic Loans Inc., Sonic Title Agency LLC, and Sonic Realty LLC are all 100% owned by the same party. Because of this relationship, this referral may provide any of the above parties with financial orĀ otherĀ benefit.
A. Set forth below is the estimated charge or range of charges for the settlement services listed. You are NOT required to use the listed provider(s) as a condition for settlement of your loan on, or purchase, sale, or refinance of, the subject property.
THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE BEST SERVICES AND THE BEST RATE FORĀ THESEĀ SERVICES.
Provider and Settlement Service Charge or Range of Charges
Sonic Realty LLC 1%-6% of purchase price
Sonic Title Agency, LLC Title Insurance Policy: $950 - $1706 on a $250,000 property. (Rates vary and are dependent on the state, selling price, and loan amount on the property.)
Title Search Fee: $250 - $325 (where applicable)
Closing Fee: $450 - $650
Sonic Loans Inc.

This company provides various real estate mortgage loan origination activities either as a third-party originator or a mortgage broker, including loan pre-qualification, competitive bid process (when providing third-party origination services), loan origination, loan pre-approval, loan structuring, processing, and closing.

Loan Origination Charge: 0-3 % of loan amount (may include 3rd party fees)
Loan Discount Fee/points: 0.5%-6% of loan amount.
Application/Processing Fee: $0.00 - $875.00
Flood and tax service: $0.00 - $95.00
Underwriting Fee: $0.00 - $1295.00
Document Review Fee: $0.00 - $400.00
Appraisal Fee: $0.00 - $850.00
Credit Report Fee: $0.00 - $135.00

Actual charges may vary according to the particular lender selected, the particular services provided, and the underlying transaction, borrower selections, etc. Some or all of these fees may be charged by third parties and/or the Member Mortgage Lender/Mortgage Broker. The Member Lenders and Mortgage Brokers have agreed to pay a fee ranging from 0.5% to 2.75% of the loan amount to Sonic Loans in connection with a range of loan origination services provided by Sonic Loans to the Member Lender/Mortgage Broker. The fees are paid either directly to Sonic Loans by the Member Lender/Mortgage Broker or billed directly to you at closing.
B. Set forth below is the estimated charge or range of charges for the settlement services of an attorney, credit reportingagency, or real estate appraiser that we, as your lender, will require you to use, as a condition of your loan on this property, to represent our interests in the transaction.
Sonic Loans Inc. provides mortgage lender/broker services. Sonic Realty LLC provides real estate brokerage services. Sonic Title Agency LLC provides title insurance and settlement services.

Provider and Settlement Service Charge or Range of Charges
Appraisal Fee $0-$800
Credit Report Fee $63-$125
Ā Actual charges may vary depending on the lender and loan program selected which can be found on your loan estimate.
ACKNOWLEDGMENT
I/we have read this disclosure form and understand that Sonic Loans Inc., Sonic Realty, LLC, or Sonic Title Agency LLC are referring me/us to purchase the above-described settlement service(s) and may receive a financial or other benefit as the result ofĀ thisĀ referral.