[sdrealtor]

Like I said HLS, we seem like we are cut from the same cloth. I agree that a direct lender is not necessarily better but its perceived better. As in some recent college grad sitting at a desk in the local Wells Fargo is just a salaried paper pusher with little incentive to stretch the truth. That is just the perception and not necesarily reality.

Having lender I trust is paramount and negates any reason i would have to see client financials beyond a proof of funds for closing.

[sdrealtor]

HLS, I didnt say a larger down means a stronger buyer, I said it means a perceived stronger buyer. We dont have access to the same information on a buyers qualifications as a lender does. Furthermore, it may come as a surprise to you, but most mortgage brokers lie to us on a daily basis. Yes, they lie over and over again. We can only make decisions on information we can verify ourselves and if that makes us ignorant to some extent so be it. That is why large down payments rule the day. We can verify the money is there via bank statements. A piece of paper from you or any other pre-approval letter is worthless to me unless I have a solid history and experience with you that I can base trust upon. That is why direct lender letters are perceived to be better. Personally, you sound on the ball and I’d love to work with you. You seem to carry yourself much as I do. You’ll be hearing from me. We just have to have confidentiality in place because, I’m not a face on the shopping cart guy. I prize my personal life and privacy.

As for the buyers in escrow too long, they arent my buyers as I am the lisitng agent. If I could push them to a better lender like you, I would.

Scarlet doesnt need to pay more, she needs a good agent. In choosing which buyer to go with, the agent who represents them and how they keep in contact with me through the short sale approval process is the single most important factor to me beyond a fair price and solidly qualified buyer. I never tell a buyer that I represent with a smaller down payment that they have to pay more. I tell them they might get trumped by another buyer with more cash and there is probably little they can do to overcome that and its OK. Make an offer you are comfortable with and stick with it. If not this house, there will be another.

[sdrealtor]

HLS, I didnt say a larger down means a stronger buyer, I said it means a perceived stronger buyer. We dont have access to the same information on a buyers qualifications as a lender does. Furthermore, it may come as a surprise to you, but most mortgage brokers lie to us on a daily basis. Yes, they lie over and over again. We can only make decisions on information we can verify ourselves and if that makes us ignorant to some extent so be it. That is why large down payments rule the day. We can verify the money is there via bank statements. A piece of paper from you or any other pre-approval letter is worthless to me unless I have a solid history and experience with you that I can base trust upon. That is why direct lender letters are perceived to be better. Personally, you sound on the ball and I’d love to work with you. You seem to carry yourself much as I do. You’ll be hearing from me. We just have to have confidentiality in place because, I’m not a face on the shopping cart guy. I prize my personal life and privacy.

As for the buyers in escrow too long, they arent my buyers as I am the lisitng agent. If I could push them to a better lender like you, I would.

Scarlet doesnt need to pay more, she needs a good agent. In choosing which buyer to go with, the agent who represents them and how they keep in contact with me through the short sale approval process is the single most important factor to me beyond a fair price and solidly qualified buyer. I never tell a buyer that I represent with a smaller down payment that they have to pay more. I tell them they might get trumped by another buyer with more cash and there is probably little they can do to overcome that and its OK. Make an offer you are comfortable with and stick with it. If not this house, there will be another.

[sdrealtor]

HLS, I didnt say a larger down means a stronger buyer, I said it means a perceived stronger buyer. We dont have access to the same information on a buyers qualifications as a lender does. Furthermore, it may come as a surprise to you, but most mortgage brokers lie to us on a daily basis. Yes, they lie over and over again. We can only make decisions on information we can verify ourselves and if that makes us ignorant to some extent so be it. That is why large down payments rule the day. We can verify the money is there via bank statements. A piece of paper from you or any other pre-approval letter is worthless to me unless I have a solid history and experience with you that I can base trust upon. That is why direct lender letters are perceived to be better. Personally, you sound on the ball and I’d love to work with you. You seem to carry yourself much as I do. You’ll be hearing from me. We just have to have confidentiality in place because, I’m not a face on the shopping cart guy. I prize my personal life and privacy.

As for the buyers in escrow too long, they arent my buyers as I am the lisitng agent. If I could push them to a better lender like you, I would.

Scarlet doesnt need to pay more, she needs a good agent. In choosing which buyer to go with, the agent who represents them and how they keep in contact with me through the short sale approval process is the single most important factor to me beyond a fair price and solidly qualified buyer. I never tell a buyer that I represent with a smaller down payment that they have to pay more. I tell them they might get trumped by another buyer with more cash and there is probably little they can do to overcome that and its OK. Make an offer you are comfortable with and stick with it. If not this house, there will be another.

[sdrealtor]

HLS, I didnt say a larger down means a stronger buyer, I said it means a perceived stronger buyer. We dont have access to the same information on a buyers qualifications as a lender does. Furthermore, it may come as a surprise to you, but most mortgage brokers lie to us on a daily basis. Yes, they lie over and over again. We can only make decisions on information we can verify ourselves and if that makes us ignorant to some extent so be it. That is why large down payments rule the day. We can verify the money is there via bank statements. A piece of paper from you or any other pre-approval letter is worthless to me unless I have a solid history and experience with you that I can base trust upon. That is why direct lender letters are perceived to be better. Personally, you sound on the ball and I’d love to work with you. You seem to carry yourself much as I do. You’ll be hearing from me. We just have to have confidentiality in place because, I’m not a face on the shopping cart guy. I prize my personal life and privacy.

As for the buyers in escrow too long, they arent my buyers as I am the lisitng agent. If I could push them to a better lender like you, I would.

Scarlet doesnt need to pay more, she needs a good agent. In choosing which buyer to go with, the agent who represents them and how they keep in contact with me through the short sale approval process is the single most important factor to me beyond a fair price and solidly qualified buyer. I never tell a buyer that I represent with a smaller down payment that they have to pay more. I tell them they might get trumped by another buyer with more cash and there is probably little they can do to overcome that and its OK. Make an offer you are comfortable with and stick with it. If not this house, there will be another.

[sdrealtor]

HLS, I didnt say a larger down means a stronger buyer, I said it means a perceived stronger buyer. We dont have access to the same information on a buyers qualifications as a lender does. Furthermore, it may come as a surprise to you, but most mortgage brokers lie to us on a daily basis. Yes, they lie over and over again. We can only make decisions on information we can verify ourselves and if that makes us ignorant to some extent so be it. That is why large down payments rule the day. We can verify the money is there via bank statements. A piece of paper from you or any other pre-approval letter is worthless to me unless I have a solid history and experience with you that I can base trust upon. That is why direct lender letters are perceived to be better. Personally, you sound on the ball and I’d love to work with you. You seem to carry yourself much as I do. You’ll be hearing from me. We just have to have confidentiality in place because, I’m not a face on the shopping cart guy. I prize my personal life and privacy.

As for the buyers in escrow too long, they arent my buyers as I am the lisitng agent. If I could push them to a better lender like you, I would.

Scarlet doesnt need to pay more, she needs a good agent. In choosing which buyer to go with, the agent who represents them and how they keep in contact with me through the short sale approval process is the single most important factor to me beyond a fair price and solidly qualified buyer. I never tell a buyer that I represent with a smaller down payment that they have to pay more. I tell them they might get trumped by another buyer with more cash and there is probably little they can do to overcome that and its OK. Make an offer you are comfortable with and stick with it. If not this house, there will be another.

[sdrealtor]

I think the idea that hundreds of 4S neighbors will be giving their homes back is absurb hyperbole. They come in onesies and twosies. It will take 6 to 9 months for them to come on the market if someone gets a Notice of Default in the next month or two.

Furthermore, there arent many new detached homes on the market under 600K. We are heading into our secular Spring rally and I gotta beleive all those tech companies in RB and beyond are going to hire at least a dozen well paid professionals some of whom will have families and want nice homes nearby. The numbers should actually be much higher. It would greatly surprise me to see that house sell for $450K in the next 6 months. It could crack under $500 within 12 months but $450 is just a tad more than we’ll see this year IMO.

[sdrealtor]

I think the idea that hundreds of 4S neighbors will be giving their homes back is absurb hyperbole. They come in onesies and twosies. It will take 6 to 9 months for them to come on the market if someone gets a Notice of Default in the next month or two.

Furthermore, there arent many new detached homes on the market under 600K. We are heading into our secular Spring rally and I gotta beleive all those tech companies in RB and beyond are going to hire at least a dozen well paid professionals some of whom will have families and want nice homes nearby. The numbers should actually be much higher. It would greatly surprise me to see that house sell for $450K in the next 6 months. It could crack under $500 within 12 months but $450 is just a tad more than we’ll see this year IMO.

[sdrealtor]

I think the idea that hundreds of 4S neighbors will be giving their homes back is absurb hyperbole. They come in onesies and twosies. It will take 6 to 9 months for them to come on the market if someone gets a Notice of Default in the next month or two.

Furthermore, there arent many new detached homes on the market under 600K. We are heading into our secular Spring rally and I gotta beleive all those tech companies in RB and beyond are going to hire at least a dozen well paid professionals some of whom will have families and want nice homes nearby. The numbers should actually be much higher. It would greatly surprise me to see that house sell for $450K in the next 6 months. It could crack under $500 within 12 months but $450 is just a tad more than we’ll see this year IMO.

[sdrealtor]

I think the idea that hundreds of 4S neighbors will be giving their homes back is absurb hyperbole. They come in onesies and twosies. It will take 6 to 9 months for them to come on the market if someone gets a Notice of Default in the next month or two.

Furthermore, there arent many new detached homes on the market under 600K. We are heading into our secular Spring rally and I gotta beleive all those tech companies in RB and beyond are going to hire at least a dozen well paid professionals some of whom will have families and want nice homes nearby. The numbers should actually be much higher. It would greatly surprise me to see that house sell for $450K in the next 6 months. It could crack under $500 within 12 months but $450 is just a tad more than we’ll see this year IMO.

[sdrealtor]

I think the idea that hundreds of 4S neighbors will be giving their homes back is absurb hyperbole. They come in onesies and twosies. It will take 6 to 9 months for them to come on the market if someone gets a Notice of Default in the next month or two.

Furthermore, there arent many new detached homes on the market under 600K. We are heading into our secular Spring rally and I gotta beleive all those tech companies in RB and beyond are going to hire at least a dozen well paid professionals some of whom will have families and want nice homes nearby. The numbers should actually be much higher. It would greatly surprise me to see that house sell for $450K in the next 6 months. It could crack under $500 within 12 months but $450 is just a tad more than we’ll see this year IMO.

[sdrealtor]

capeman
I saw and heard people blabbering about “Money is easy and free” about 24 hours a day the last couple years in ads for HELOCS. People were seduced by it all. I’m amazed that more of my friends werent but most seem to have avoided the urge to leverage their homes for lifestyle. i guess I hang out with a boring lot.

sdr

[sdrealtor]

capeman
I saw and heard people blabbering about “Money is easy and free” about 24 hours a day the last couple years in ads for HELOCS. People were seduced by it all. I’m amazed that more of my friends werent but most seem to have avoided the urge to leverage their homes for lifestyle. i guess I hang out with a boring lot.

sdr

[sdrealtor]

capeman
I saw and heard people blabbering about “Money is easy and free” about 24 hours a day the last couple years in ads for HELOCS. People were seduced by it all. I’m amazed that more of my friends werent but most seem to have avoided the urge to leverage their homes for lifestyle. i guess I hang out with a boring lot.

sdr

[sdrealtor]

capeman
I saw and heard people blabbering about “Money is easy and free” about 24 hours a day the last couple years in ads for HELOCS. People were seduced by it all. I’m amazed that more of my friends werent but most seem to have avoided the urge to leverage their homes for lifestyle. i guess I hang out with a boring lot.

sdr

[Author]

Posts