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Thursday, December 30, 2010

Real Estate Financing - Using Local Lenders is Best!

It was about a year ago I had a closing crash and burn.  The reason was simple - the lender in New York had no clue about the local market.   It was also frequently  general pain when communication was required - which is often the case as a real estate closing approaches!

As January 2011 approaches I have another closing rescheduled from the first week of January but that is not a problem.  You see,
  1. The lender is local.  
  2. The lender is a real person
  3. The lender has a real office.
We will close in mid-month which is good and further reinforces my sentiment regarding mortgage lenders....

I always encourage my buyer clients to use a lender from the immediate area.  

I know several lenders in the Melbourne, Rockledge and Viera areas of Brevard County, Florida call me or try Google search when you're ready to buy a house in Brevard County, Florida.

I have only one preference – local.

Gary L. Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida serving Florida's Space Coast including the cities and communities of Melbourne, Viera, Rockledge, Suntree, Merritt Island, Cocoa Beach and the surrounding region. Whether your interest lies in a 55+ community, a golf course community or water front, give me a call!

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