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FROM THE INHERITEDLA VIDEO LIBRARY

Bad Lender? Your Deals Are Already Dead (Behind the Sale)

Matias and lender Tressa Pope on financing: why your relationship with your lender can make or break a deal, and what every buyer and seller should understand about the financing side of a transaction.

What to know

  • Real estate deals live or die by financing: a good lender can save a deal, while a bad lender can blow it up.
  • A lender relationship matters on the listing side too. Ask buyers to cross-qualify with a lender you trust before opening escrow, so you know they can actually close.
  • Not every deal fits a box. Work with a lender who is comfortable with creative solutions and knows the programs that fit the buyer: first-time buyer, jumbo, VA, and down payment assistance.
  • Clear communication and speed are essential, because appraisal and loan contingencies run on tight deadlines.
  • Talk to professionals before making assumptions. Every buyer's financial picture is different.

This video is educational. Probate procedures, tax rules and legal rights depend on your specific situation.

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