Volume 8 | August 14th, 2019
Want to buy or sell? Call Brandon today at (707) 616-8752
One of the most overlooked, yet crucial aspects of real estate, is financing. Whether it be Conventional, FHA, VA, USDA or an all cash sale, it is of the upmost importance to ensure that your financing is ironed out before making an offer. I completely understand that buyers are more concerned with finding the right place, then shoring up the un-sexy financial aspects of the transaction. Unfortunately I have had some first hand experience with these issues, from down payment gift funds falling through, to writing offers with an inaccurate pre-approval letter. Most of these deal breaking issues are avoidable if the appropriate steps are taken in the correct order. In my opinion, the most important step is to find a lender that you are comfortable with so you can admit when you are uncomfortable, ensuring that you don't hesitate to ask for clarification on any confusing issues. To do this I would suggest meeting with multiple lenders and banks so that you can get a thorough view of the market place in order to make an informed decision. Once you have decided on a lender, it is crucial that you establish and maintain strong lines of communication with both your lender and your agent to avoid any deal killing pitfalls. You can never ask too many questions, I promise both your agent and your lender will appreciate the ease of mind knowing that they're on the same page as you. Until your loan is officially 'locked-in' your financing is up in the air, so its extremely important that you understand the process and are aware of your escrows different timelines. If you need any recommendations on our local banks and lenders, please feel free to contact me today!
  • New listings took an uncharacteristic down turn coming in 15 units lower then last week.

  • Pendings did not budge, coming in at 47, just like last week.

  • Sold properties dipped down by more then 10 listings when compared to last week.
Want more info on the buying or selling process?
If you are considering buying or selling real estate, but don't know where to start, just click the button below which will take you to a ton of info on my website.
The Price of Money

Interested in current interest rates? Please call or visit Humboldt Home Loans for detailed information.

(707) 269-2334 - HumboldtHomeLoans.com

CalBRE - Lic # 01226140 NMLS #294953
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Thank you for taking the time to read this. I appreciate your patience as I iron out the wrinkles on the way to an informative and compact weekly report.

I look forward to working with you in the future!
Brandon Brown
RE/MAX Humboldt Realty
2222 Myrtle Ave, Eureka CA 95501
DRE# 02031396

www.BrandonBrownRealtor.com - 707.616.8752 - bbrown@humboldtrealty.com