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Real Estate
Reply to "Bidding on House with Multiple Offers?"
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[quote=Anonymous][quote=Anonymous]Thanks, all! Is it helpful to use the same lender that the seller is using?[/quote] Probably doesn't matter as long as your lender is reputable. Seller's only concern is that you can get to closing within the agreed upon time. Reality is that many large banks are such pains/bureaucrats on financing & appraisal details that they miss closing deadlines. In this regard, midsized private financing companies can actually be more attractive to seller. In practical terms, it wouldn't hurt to use same lender as seller b/c at least they'll be confident in your choice of a reliable lender.[/quote]
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