I just love (NOT) dealing with unfamiliar lenders. When I get offers on my listings, I always inquire about the lender who will be moving mountains to make sure the transaction gets Clear to Close way ahead of schedule so that everyone is happy as a lark. The Buyer’s Agent always has a glowing review for the selected lender and assures me that they “walk on water” and that there is no one better. Hmmmmm, wonder why I never heard of them then.
I try to offer the buyer’s agent the benefit of the doubt and sit back waiting for my socks to be knocked off.
Well let me tell you, we have had some HOT Colorado days and my feet are still covered with socks!
There is always the exception to the rule where I run across a lender who truly is good and actually does their job. Sadly that is a rare occasion.
I wonder how good the lenders are at communicating with other people in their lives. Do they email or text their buddies and family frequently during the day? Do they call their spouse to see what delightful meal they will be sharing that evening?
Why is it so much to ask to have a lender contact the listing agent with an update on the mortgage progress. A little communication is all I ever ask. Yes, I want the lender to do their job, but updates along the way are huge.
You might have guessed by now that I am working with another sub-par lender on one of my listings. The buyer’s agent was singing his praises to the rooftops when trying to get his offer accepted over four others. I expressed my concern of not knowing or never working with the lender, but the buyer’s agent told me he was absolutely the best.
The best what I wonder???? Certainly not mortgage provider in this crazy Colorado market.
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