Running in real estate circles may cause dizziness.
During our Foreclosure and Bank Owned Wednesday broadcast I want to talk about the 6 mortgage tips that a home buyer cannot live without. Those most important 6 tips every first time home buyer needs to know along with the veteran real estate investor.
While it may be simple to obtain a mortgage – some of these real estate mortgage tips for the home buyer speak from a “safety and protection” point of view.
My Santa Clarita real estate team has been representing clients, home buyers and home sellers, since 1998. During that time, I have seen a lot of interesting things. Some of which were good for the home buyers and some which weren’t.
These “things” were not all the fault of any particular party to the transaction. Some were the fault of the home seller. Others the fault of the real estate agent. At different times I observed the real estate lender at fault. I have also seen other parties to the transaction at fault, the title officer, escrow officer, home inspector and the termite inspector.
Buyers have a certain amount of due diligence. However, in most cases, it’s going to be up to the other “professionals” to represent them to the best of their ability. Never purposely throwing anyone under the bus.
Not all agents in the real estate business or lending world have their clients best interest at their heart. Some are just focused on the real estate commission to be earned.
When you are ready to look for a real estate agent or real estate lender. My suggestion is that you interview more than one in all cases. Even those whom were referred to you.
Sit down with them and get a feeling for how they operate. Explain to them that you need their full protection and that you want them to give you a fair deal and explain the entire process to you as they go along.
Follow up all things with them in email, to be sure you have understood and to get them to verify you understood what they meant. This tip, which is part of the 6 tips for real estate buyers related to getting a mortgage, is super important and rarely used by buyers of real estate.
I hope you have enjoyed today’s housingradio.com real estate radio show. I have a seven day a week real estate radio show format and I’m glad to be of great assistance to you and yours. Wait until Monday’s real estate radio show – it will be a doozy. Please check back often for other new editions of the Santa Clarita and Greater LA real estate radio show.
I’m Connor MacIvor, Santa Clarita Realtor, and I’m glad to be of great service to you and yours with your real estate needs in Santa Clarita, Greater Los Angeles and within other Southern California Cities.