The local lenders are also pressing advertising such as “first time buyer” programs that are not worth the paper promises they are written on.
Always, make sure you ask to read the small print. Also, if you are being promised something, and if it’s not already in written form, then ask for the person promising you to put it in writing.
If you don’t feel comfortable asking, just say, “Hey, My wife, mom, dad, priest, etc – would like to understand what you are telling me – would you please send me an email breakdown of what we spoke about?”
If they don’t, or omit the “too good to be true” part, then it’s time to move onto another “lender/realtor/etc”.
Have a Great Monday – Tomorrow is our Travel Tuesdays, where we interview a real estate agent from somewhere else in the country to see how their local market is fairing.
Be safe – talk soon and thanks for listening to our Santa Clarita real estate podcast.