Captain Obvious & the
California Association of Real Estate!
The California
Association of Real Estate (CAR) releases periodic infographics that
are generally interesting and somewhat informative. But this one is
a little obvious:INSERT HEREYes believe it or
not first time buyers are confused by the lending process!
Amazing, who would have thought. I suspect it is more than first
time buyers. The only thing I find shocking is the numbers are
so low. In fact I suspect most of these numbers apply to refi and
move up buyers too. The only advantage those buyers might have over
the first time buyer is that they have now been conditioned to the
anal exam that is part of getting a loan. (Can I say Anal on
ActiveRain?)Yes and this year
the Fed's will be “Simplifying” the paperwork for us so the
confusion numbers are bound to go up.So what does this
mean to First Time Buyers and Buyers in General? Get a good
lender. If you don't know one ask your REALTOR. We generally do not
do loans, but once we understand your situation we can direct you to
the best lender for you.Gene
Riemenschneider is the Broker and Owner of Home
Point Real Estate in Brentwood
CA. Serving the East
Contra Costa County Communities of
Brentwood,
Antioch,
Oakley,
Discovery Bay,
Pittsburg,
and beyond. For Buying,
Selling
or Investing
call 925-260-4321.
Association of Real Estate (CAR) releases periodic infographics that
are generally interesting and somewhat informative. But this one is
a little obvious:
not first time buyers are confused by the lending process!
Amazing, who would have thought. I suspect it is more than first
time buyers. The only thing I find shocking is the numbers are
so low. In fact I suspect most of these numbers apply to refi and
move up buyers too. The only advantage those buyers might have over
the first time buyer is that they have now been conditioned to the
anal exam that is part of getting a loan. (Can I say Anal on
ActiveRain?)
the Fed's will be “Simplifying” the paperwork for us so the
confusion numbers are bound to go up.
mean to First Time Buyers and Buyers in General? Get a good
lender. If you don't know one ask your REALTOR. We generally do not
do loans, but once we understand your situation we can direct you to
the best lender for you.
Riemenschneider is the Broker and Owner of Home
Point Real Estate in Brentwood
CA. Serving the East
Contra Costa County Communities of
Brentwood,
Antioch,
Oakley,
Discovery Bay,
Pittsburg,
and beyond. For Buying,
Selling
or Investing
call 925-260-4321.
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