October 19, 2017

Buying Seattle Real Estate? Must Read!

Attention BUYERS! Did you know that a listing agent is less likely to accept an offer from a buyer who has an out of state lender or a credit union? Why? Being able to close has become the biggest question. Many lenders cannot close on time or they just don’t understand the purchase market.

Consider this, your earnest money is on the line if you do not close on time. Yes this could be the case with back up offers. Would you trust a lender that is not local and a expert in the area?

Refinancing is completely different than a purchase and many lenders are heavily focused on refinancing still.

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