Why You Should Consult with Your Agent Before Choosing a Lender

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Real Estate Agent with Investments, starter houses, luxury homes,farms, acreage

Why You Should Consult with Your Agent Before Choosing a Lender

Doesn't everybody want things to go smoothly when buying a property?  Of course you do!  It's a big purchase and that's stressful enough. The last thing you need are things going wrong.  As a smart buyer, you've carefully researched what steps you should take to prepare.  You've certainly read that you need to get pre-qualified and choose a great Realtor to represent you.  

smart cookeville home buyer

Before you visit your bank, let me suggest that you choose an experienced Realtor first. Once you've made that decision then talk with your agent about the lenders in the area and let them suggest a list of the ones they know do a great job.  This is a big moment in your life and you don't want to risk a bad experience.  Take a look at my latest video to learn why this is so important and what could go wrong!

This is great advice for buyers in any location. If you are thinking of buying a property in Cookeville or the surrounding areas, it's especially great advice.  For reasons beyond what I can imagine, dreadful loan officers manage to keep their jobs at traditional brick and mortar banks. There doesn't seem to be any consequence for putting a buyer through a costly and heartbreaking experience.  They'd be sacked in a minute at an actual mortgage company. The only thing standing between these type of lenders and the buyer are the agents who can advise on how to avoid them.

Looking for an experienced Cookeville Realtor who can make the experience fun?  I know a great one!

                                                                    Visit

                                                www.VirginiaKail.com

 

 

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Virginia Kail

Realtor®

Cookeville TN native. A full time, full service agent for the entire Upper Cumberland region of Tennessee.

931-260-4729 cell

www.VirginiaKail.com

True Blue Realty

931-559-TRUE  Office phone, 931-559-4256 Office Fax

 

Virginia Kail

Virginia Kail- real estate agent, Cookeville TN

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Comments (5)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello VVirginia Kail, I have a client right now that wants to use a lender friend of her and it has been nothing but a nightmare.  Now she said she should of use mione.

Nov 06, 2016 01:19 AM
Virginia Kail

Hi Will,  Isn't it funny how that always happens?  They want to use a lender who's a "friend" and then that person ends up really sticking it to them!

Nov 06, 2016 01:39 AM
Peter Mohylsky. Broker Associate
PrimeSouth Properties - Santa Rosa Beach, FL
THE BEACH IS OPEN AND WAITING FOR YOU

Nice post and great video, I might have to borrow this idea for some of my own posts  

Nov 06, 2016 01:32 AM
Virginia Kail

Thanks Peter,  I'm glad you enjoyed it and I hope it gave you some great inspiration.

Nov 06, 2016 01:40 AM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Amen Virginia Kail .  This is a tough point to make here in a military town when young men and women come thinking the big name lenders from their hometown are the ones to go with. A local lender is almost always sure to deliver better service as they know the market better.

Nov 06, 2016 01:34 AM
Virginia Kail

I can just imagine Bob! Maybe you should get someone that a lender really pulled the rug out from under and have them do a video testimonial telling others they really should listen to you on this point.  Thankfully because of blogging, the clients who contact me increasingly ask me which lenders are good.

Nov 06, 2016 01:42 AM
Bruce Walter
Keller Williams Realty Lafayette/West Lafayette, Indiana - West Lafayette, IN

Virginia, great video about the out of pocket costs a buyer can experience by choosing an incompetent lender who does not know the rules and regulations for the loan or the RIGHT QUESTIONS TO ASK when conducting a pre-qualification conversation.  It is very hard to be on the listing end when a buyer chooses a poor lender, as well!!!  

If you are looking to buy a home in the Cookeville, TN area call Virginia Kail!!!

Nov 06, 2016 01:10 AM
Virginia Kail
Investments, starter houses, luxury homes,farms, acreage - Cookeville, TN
True Blue Realty, Homes and Land for Sale

Thanks so much Bruce!  I always tell my sellers what I think of the lender the buyer is using when I present offers.  It's such a big part of the equation to a successful closing. They deserve to know ahead of time if there's a risk of getting tangled up with one of these incompetent turkeys.

Nov 06, 2016 06:23 AM

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