I have heard that the general public doesn't appreciate what Real Estate Agents do for them in general. I think the same thing is probably true for lenders as well. I have a closing tomorrow and everything was going beautifully...beautifully that is until 2 days ago. At the last minute the underwriter changed the terms for the loan. In the 3 weeks since the contract was signed, the loan went to a different company.
My buyer is using Amerdream, Inc. I think it is really great that she will be able to buy a home that she would not otherwise have been able to. My preferred lender is AWESOME at helping people realize their dream of owning their own home.
Anyway, as I said before, the bank handling the loan changed in mid-stream and required a few extra details that we didn't know about until 2 days ago.
On the seller's side they have a closing for this transaction and a closing for their new home the same day. The buyer has given notice to her landlord and needs to be out on time. A lot of people are counting on everything going smoothly tomorrow.
Here's where everyone involved, the lending officer, the listing agent, and myself have to kick it into high gear to make sure that all goes as planned. I have to compliment everyone involved for getting it done without...I repeat...without stressing out our clients.
Realtors, lending officers and title companies do many things behind the scenes to make a transaction happen as smoothly and seamlessly as possible. One of the things we do is stay awake at night going over what needs to be done, and just plain old fretting to make sure the client doesn't have to.
If you need someone in your court for your real estate transaction, I would highly recomend Tammie Rister as your lending officer. Of course...I recommend myself as well to act as your realtor! :) For more information about how I can help you visit my website.
One more sleepless night...and my client will be a happy home owner!
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