It's the end of February and the market is already heating up. Here's a couple of quick updates.
2. Over the weekend, a loan officer I've never worked previously screwed up and caused my client (the buyer) to push out the closing date. Luckily, a lender from my recommended list is picking up the deal and taking it across the finish line. What seemed like a great deal turned out to be a bunch of hand waiving and empty promises. It's costing my client real money and caused her a lot of unnecessary stress. I'm deeply grateful to the seller and her agent for being understanding.
Two Take Home Lessons: Buyers - go ahead and shop loan programs but consider only highly reputable local lenders. They have skin in the game and are taking reputational risk. Realtors - negotiate aggressively but fairly with your counter party. The agent you're beating up over trivial issues might end up saving your butt down the road.
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| The Peloton's Heated Rooftop Pool |
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