One of my listings was scheduled to close last week. I was representing the seller. A few days before the closing, the buyer’s agent called to push back the date. Their too-big-to-fail bank was backlogged. The paperwork wasn’t completed, the loan was still in underwriting, they needed ten more days. The agent shared that the bank’s communication had been poor throughout the loan acquisition process. Moving back the closing date caused both parties unnecessary stress and frustration.
Anyone who’s been through buying or selling a home knows the process entails a lot of moving parts. A professional realtor assumes responsibility for as many of those moving parts as possible to lighten the load for their client.
One of the ways I control the process and the outcome is to recommend that clients work with a local lender. Through the years I’ve experienced many delays with large banks. That’s never happened with a local lender. I send my clients to mortgage brokers in Denver who I trust and have personally vetted.
A shout-out here to Sean Sedita from Platte River Mortgage. Sean provides a buttoned-up, first-class experience for his clients. He’s a good communicator. He stays on top of every step in the loan process, and he honors closing dates. In a word, I trust the guy and send him business whenever I can. Sean is a Solterra homeowner and lives in the neighborhood. If you’re in the market for a new mortgage or a refinance—or just want to talk loan solutions—you can reach Sean at (720) 635-3438 or contact him via email.
