Last week I wrote a blog about how a lender can derail a home sale. Today I want to write about how a lender made a Mountain View home sale happen. The lender is Lisa Austin with Bank of America. As a Mountain View real estate agent I could not be more impressed.
I have been working with a great couple who were looking for a home in Mountain View Ca. I know, who isn't looking for a home in Mountain View if you work in the Silicon Valley. The market here is intensely competitive, and it is not uncommon to make 10-15 offers on Mountain View homes before being successful. Getting out bid is the norm, especially if you are getting a loan.
My clients were outbid twice on homes in Rex Manor. 3 weeks ago they made an offer on a home in North Whisman. Lisa Austin from Bank of America called the listing agents and talked to them about how qualified my clients were and how she could absolutely close the escrow in 25 days. It would have been 24 but we had a day off for Labor Day.
The listing agents were so impressed with Lisa's professionalism and knowledge they said it was one of the big factors in our offer being accepted over 5 other offers.
The appraisal was smooth and even came in at value even though there were no comps in the immediate neighborhood. The appraiser used comps from Rex Manor and had no problem with the value of this Mountain View home which is not always the case in today's appreciating market.
Loan docs for this Mountain View home came in on time as did funding the loan. The loan funded on Friday, for a Monday close. Most banks would charge the buyer for interest on the loan over the week-end, but not Bank of America. My Mountain View buyers do not start paying until they close on Monday.
All in all the process could not have been smoother, and I have some very happy clients.
If you have any questions about buying or selling a home in Mountain View please feel free to contact me.
If you would like to contact Lisa Austin at Bank of America her contact info is:
Lisa Austin
Mortgage Loan Specialist
NMLS ID 483486
Retail Mortgage Sales
Bank of America Home Loans
1010 El Camino Real Ste 360
Menlo Park, CA 94025
Phone: (650) 798-5921
Fax: (866) 518-9204
lisa.m.austin@bankofamerica.com
If you want to look for homes for sale in Mountain View click here.
Marcy Moyer
Keller Williams Realty Palo Alto
Cal BRE 01191194
650-619-9285
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