THANK GOD! FINALLY CLOSED THIS ESCROW This was the most challenging transaction I have been a part of in my nine years as a Real Estate Professional, as well as my wife Anita’s most challenging deal in her three years as a Realtor. The short story goes like this. Our client chose a lender outside of our preferred lenders, and at first, the lender seemed fine, but fast forward towards the end of the transaction and many escrow extensions. This file went about a month over the original close date as the buyer’s lender had to change the loan type THREE TIMES, then hits our buyer with an astronomical amount of money needed to close this file, and please keep in mind this started as a DPA/Down Payment Assistance program, so we had to kick in a reasonably large portion of our commission due to this lenders mistakes, in order for our clients to not lose out on this home, as well as they were at risk of losing money for the home inspection, appraisal, and deposit and since the lender advised our client that it was safe to remove loan contingencies the buyer’s deposit was now also at risk. But despite all of the craziness from this buyer’s chosen lender we were still able to get this escrow to close, by staying on top of the lender and working closely with the listing agent by providing daily updates even though the lender’s communication was non-existant. I can guarantee you that not many Realtors could have pulled this off, so I have to give a huge congratulations to my wife Anita, for her excellent communication and always keeping her cool throughout this transaction. As for me, I was able to yell at a few people and help push this along in my own ways 😂, which I hate to do, but this was beyond ridiculous. I apologize for this long post, but please note that this is the short version of this ordeal. The moral of the story is WHO YOU WORK WITH MATTERS, so working with the Marchena Home Team is step one, and working with our preferred lenders and allowing us to utilize our proven team members to get the job done is step two. The rest of it we got you covered.
Buying a home isn’t a small decision you make overnight. Typically months of planning (if not longer) will go into the decision. A retirement home, a home for your kids to move into after graduating from school, a new home you are buying when you are offered a job in a new city; regardless of which of these purchases you are making, the right buyer’s agent can help!
Allow us to guide you in the process, help you set a budget (and find many properties within that budget), and help you find the home of your dreams, regardless of which stage of your life you are in.
Why work with a Realtor? Why The Marchena Home Team?
Realtors Michael & Anita Marchena run into clients all the time who wonder whether or not they really need to hire a buyer’s agent when buying a home. Well, if you want to have someone on your side help you navigate through the complexity of the real estate transaction, and someone to help you find the perfect home that matches your needs, as well as someone that can negotiate the deal to get you the best price and terms then, the answer is a resounding yes!
We work with all buyers, all budgets, and all areas of interest.
We preform detailed searches (size, sq footage, location, finishes, design, etc). to find the perfect house for you.
We know every step of the process (offer, financing, counter-offers, etc) and will guide you through the entire process.
The Marchena Home Team Wants to Help You!
We are in the business of finding your dream home and finding the property that best fits you and your family’s needs. We are prepared to go through this process with you and help you find the perfect home for you and your family.
Contact us today, and learn how our professional buyer’s agents can assist you in the home buying process. From putting in an offer, to dealing with troubles in the financing, we have seen and done it all. Let us help you find your next home, and help you get the best price and terms imaginable.