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LUXURY HOME TOURS! 

Expert Tips for Navigating the Real Estate Market

About Erik

Our mission is to be your best resource for real estate advice. Whether you are a buyer, seller, or investor, our team of professionals can answer any questions you might have about real estate. Subscribe to this blog to get the latest news on local market trends and receive expert tips for buying or selling a home.

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The Importance of Getting Pre-Approved for Financing

Updated: May 25


It’s endlessly important to speak with a lender and secure financing before making an offer on a home, and today, I have a story that illustrates this point perfectly.

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Unfortunately, I have a pretty rough story for you today.


I have a client who has been very excited about buying a home here in Los Angeles, and we’ve looked at several properties. We advised this client to get themselves in a position to be ready to make a purchase.


Recently, we looked at a great property that we thought would sell very quickly, so we wanted the client to make an offer quickly. Unfortunately, they weren’t in the position to make an offer because they hadn’t established their financing and they hadn’t talked with their bank about funds.


Sadly, a number of buyers made an offer on the property before we even had an opportunity. Now we’re back to the drawing board.


IT’S NEVER TOO EARLY TO HAVE A CONVERSATION WITH YOUR LENDER ABOUT FINANCING.

That’s why I advise everyone to have a conversation with their lender, mortgage broker, or banker before shopping for a home if they’re going to make a cash or financed offer. Not only is this conversation free, but getting to the point where you’re ready to go with an offer is worth its weight in gold. 


If you need a lender, I have a number of great lenders I can refer to you at any point when you’re ready. It’s never too early to have this conversation, and it can give you peace of mind knowing when you’re finally ready to pull the trigger on an offer.


If you’d like a referral for a great lender or you have any other questions about buying or selling a home, give me a call or send me an email soon. I’d be glad to help!

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Hilton. Rolls Royce. Versace. Chateau Rothschild.

 

These are not products or services; these are lifestyle choices. You and I can stay at any hotel, drive any car, wear any shirt, or drink any wine…

 

 

But we don’t want to.

 

We want experiential luxury.

 

And you know what? You deserve it.

 

 

Luxury living is a state of mind. If you're like me, you expect the best, and this especially holds true when you buy or sell a home.

If you are interested in buying or selling a home, and appreciate... and deserve... a luxury real estate experience, then click here. Get an idea of the differences.

 

 

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Erik Brown / DRE: 01958545 / Compass

9454 Wilshire Blvd, Beverly Hills, CA 90212

www.erikRbrown.com

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ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.

© 2020 Erik Brown, BRE #: 01958545