Why a Home Buyer Should Consider a Realtor Recommended Mortgage Lender
Your real estate agent wants your transaction to close smoothly, without hiccups or surprises, and one of the biggest factors of buying a home is the financing end of the arrangement. It's a place where many things can go wrong, from a mortgage lender being careless when scrutinizing the loan application, to misplacing documents, not asking for the right documents, overlooking potential trouble spots and red flags, to forgetting to order an appraisal and ultimately not being able to close the file on time.
The lender depends on a team of individuals to process a loan, including the final say in the matter, the underwriter. If your mortgage lender is not detail oriented, inexperienced or otherwise not exceptionally organized, a home buyer can needlessly suffer through the closing.
Real estate agents who routinely close a lot of business have experience working with a variety of mortgage lenders, and they know which lenders under promise and over deliver. They know which lenders outshine all the rest. You can rely on your agent's intimate knowledge by choosing to use the mortgage lender your agent recommends. These types of mortgage lenders also realize that if they fail to perform to an agent's expectations, that agent will stop referring business. A referral from a real estate agent to a mortgage lender is earned business; it can't be bought. Your agent has a relationship with that mortgage lender, and it's partly that relationship that will ensure a stress-free transaction. You owe it to yourself to at least talk to the agent's preferred mortgage lender.
Think about your relationship with an unknown banking department where you are nothing more than a small number to that person who clocks out every day at 5 PM. Instead, wouldn't you prefer to be the lifeline of business to the mortgage lender who burns the midnight oil to ensure your file closes on time? Think about this as you picture yourself sitting on top of your boxes and waiting for the movers. You can't afford a snafu. Most home buyers want their new home purchase to be handled thoughtfully and to close within the contract period. Odds are if you use your agent's mortgage lender, that scenario is more likely to happen.
Author:Ashley Oakes-Lazosky Phone: 702-281-1198 Dated: December 30th 2015 Views: 167 About Ashley: I am a licensed real estate broker and I own and operate my own real estate company, called Vegas Ho...
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Vegas Homes and Fine Estates has over 15 years combined experience in the Real Estate industry AND have represented 100’s of buyers and sellers helping them realize their real estate dreams. As Broker/Owner of Vegas Homes and Fine Estates, I have consistently ranked in the top 1% of agents in the Las Vegas Valley. Combined with my husband and partner JOHN, we are an UN-Stoppable FORCE in the Vegas Real Estate MARKET!!! With complete knowledge of the Las Vegas marketplace and personalized client services… you can expect your home buying needs will be serviced properly and protected.
We strive for perfection here at Vegas Homes and Fine Estates and look forward to speaking with you about the Vegas real estate market !!
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"I can't say enough about John and Ashleys combined knowledge, experience and integrity. When they sold us our house they were able to respond quickly and show me the property. They guided us through the short sale process and were able to negotiate an $18K dollars off the banks asking price. IF you want an agent that works Real Estate as a professional and not just a hobby, then I think you should call John and Ashley. You'll be happy that you did. "