FAQ

Q: What do I pay for Lowell Lofts, Inc. services?
A: We earn our commissions from owners and
developers who hope to sell you a loft. Commission structures are
already in place before a listing hits the market. The sellers and
developers have already worked out the Realtors commission and it has no
bearing on your final sale price.

If you would like for
Lowell Lofts to sell your property commission rates will be discussed
before signing the "Exclusive Right to Sell" contract

Q: If I contact you, can I still work with other brokers?
A: Yes and no. We will ask
you to sign a form indicating that you are our client and that we are
introducing you to various residential units. The agreement you sign
will require you to let other brokers know that you are working with
Lowell Lofts, Inc. We are familiar with all lofts and downtown
residences in downtown Lowell and maintain a relationship with local
brokers and the multiple listing data base. We also offer Exclusive
Buyer Representation, which means that one of our agents will work in
your best interest to find the Loft that is right for you.

Q: I am thinking about selling my Loft
A: We specialize in selling
properties in Downtown Lowell. If you choose for Lowell Lofts to be
your Selling Agent we will work with you to set a sale price by doing a
market analysis. You will have to sign an agreement which will give
Lowell Lofts the exclusive right to sell your property. For more
information please call us at 617-909-7037.

Q: Will I need a lawyer?
A: Because buying/selling a
condo involves numerous documents we highly recommend you hire a lawyer
to review all documents before signing. When you are buying a property
your lender will hire their own attorney to conduct the title search and
handle the closing. You must remember that this lawyer is working in
the best interest of your lender. It is best to have someone
representing your interests as well.

Q: How do I know I can afford a loft?
A: You will need to contact
your lender or mortgage specialist to get pre-approved for a loan
amount. It is best to find this out before starting your search. This
way you will have a realistic idea of what you can afford. We can
recommend mortgage and finance specialists that are familiar with
downtown properties.

Q: Why is your focus on Downtown Lowell?
A: Our staff are very enthusiastic about the great changes going on in the area. Our team
originally came from suburbs of Boston and look forward to helping their
potential new neighbors find the affordable Loft they have always
wanted. By working only in Downtown we have become the go to
specialists.

For all other questions please call 617-909-7037 or fill out your inquiry on the Contact Us page. Are you looking for property outside of Downtown Lowell? Good news is we have added a second team that covers ALL MA NH and especially Cape Cod.Please click here to search our sister site JohnCallahanRealEstate.com