West Sacramento Realtors Should Help Buyers Choose a Lender

By
Real Estate Agent with Lyon Real Estate BRE #00697006

The first thing I tell my sellers is I represent them. The buyer's agent represents the buyer. As such, there are things that can happen on the buyer's side of the transaction that we have no control over. One of the biggest obstacles is closing on time. It's tough when the buyer's lender cannot close on schedule, and it seems to happen more with institutional lenders than mortgage brokers.

When I asked the loan officer why this particular home in West Sacramento needed a 2-week extension, he offered the excuse that he had been on vacation and his loan processor dropped the ball. This was a Wells Fargo loan rep, and Wells Fargo has its own share of difficulties right now.

Still, it's also a reflection of how some bank loan officers view their 9 to 5 job. Like nothing that happens is their own fault. You can read more about this in my personal blog today at this link: Some West Sacramento Realtors Scratching Heads Over This Closing.

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Elizabeth Weintraub is an author, home buying expert for About.com, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Weintraub is also a Sacramento Short Sale agent who lists and successfully sells short sales throughout the four-county Sacramento area with an emphasis on Elk Grove. Call Elizabeth Weintraub at 916.233.6759. Put 40 years of real estate experience to work for you. Broker-Associate at Lyon Real Estate. BRE License # 00697006.

The Short Sale Savior, by Elizabeth Weintraub, available with free shipping.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of Lyon Real Estate. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.

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Topic:
Home Selling
Location:
California Yolo County West Sacramento
Groups:
Everything California
Northern California Real Estate Professionals
CALIFORNIA REAL ESTATE
Lyon Realtors
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Tags:
dual agency
selling a home in west sacramento
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whose fault is it when a buyer needs extension
wells fargo loan officers

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2,906,201
Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

Again with the whining agents about what top producers do.  Why don't they use the same tactic?  Perhaps they need a listing first.

You are absolutely the agent any seller in Sacramento should call to sell their home.  No matter the obstacle that presents itself, you will get the job done.

Nov 17, 2016 04:06 AM #1
Rainmaker
1,960,760
Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

Chris Ann Cleland It's like the plague in some ways. When everybody watches your every move, wishing they could be you. They really do NOT want to be this dedicated Realtor or they would be glued to their computers like I am almost 24 / 7 and have no life whatsoever, LOL.

Nov 17, 2016 10:49 AM #2
Rainmaker
2,827,786
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hi Elizabeth -- stuff happens as do twisted knickers.   Understanding the expectation and proper communication is such an important part of our business.   With our sellers.  The same is true with buyers, lenders or other agents who may need some gentle reminding of our state's purchase agreement wording.  

Nov 18, 2016 12:53 AM #3
Rainmaker
1,271,093
Nick T Pappas
Assoc. Broker/Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, @HomesBirmingham & Providence Property Mgmnt, LLC Hun... - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Hello Elizabeth, I always recommend two or three great lenders that I have experience with and know they don't offer excuses...they get the job done! After all it's my reputation on the line when I refer a vendor.

Nov 18, 2016 06:11 AM #4
Rainmaker
1,960,760
Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

Michael Jacobs Gentle reminding doesn't do it. You pretty much have to use a meat hook to grab them by the neck, LOL.

Nov 18, 2016 10:55 AM #5
Rainmaker
1,960,760
Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

Nick T Pappas Your ears must have been burning. I received my Maker's Mark mistletoe holder yesterday and in trying to hook it together, I pulled the mistletoe all apart.

Nov 18, 2016 10:56 AM #6
Rainmaker
1,271,093
Nick T Pappas
Assoc. Broker/Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, @HomesBirmingham & Providence Property Mgmnt, LLC Hun... - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Elizabeth, well it's about time they sent it to you! I have a small collection going, but can't find the mistletoe.

Makers Mark

Nov 20, 2016 06:16 AM #7
Rainmaker
1,960,760
Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

Nick T Pappas I got the red bottle wrapper rubber things, mistletoe and a red hanger, probably to hang a bottle of Maker's Mark on somebody else's door rather than drink it myself. Like that's gonna happen, LOL.

Nov 20, 2016 09:20 AM #8
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