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Beverly hills real estate agent | Erik Brown | Realtor Agency

Beverly Hills luxury real estate | Erik Brown

  • HOME SEARCH
  • NEIGHBORHOODS
    • Beverly Hills
    • Beverly Park
    • Beverly Hills Flats
    • Bel Air
    • Brentwood
    • Birds Streets
    • Holmby Hills
    • Laurel Canyon
    • Malibu
    • Mount Olympus
    • Platinum Triangle
    • Pacific Palisades
    • Rolling Hills
    • Sunset Strip
    • Trousdale Estate
    • Wilshire Corridor
  • COMPASS TOOLS
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  • ABOUT
    • Erik Brown
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Beverly hills real estate agent | Erik Brown | Realtor Agency

Beverly Hills luxury real estate | Erik Brown

  • HOME SEARCH
  • NEIGHBORHOODS
        • Bel Air
        • Brentwood
        • Holmby Hills
        • Malibu
        • Trousdale Estate
        • Sunset Strip
        • Beverly Hills
        • Beverly Park
        • Beverly Hills Flats
        • Birds Streets
        • Wilshire Corridor
        • Laurel Canyon
        • Mount Olympus
        • Platinum Triangle
        • Pacific Palisades
        • Rolling Hills
  • COMPASS TOOLS
    • Bridge Loan
    • Coming Soon
    • Private Exclusive
    • Concierge
  • GIFTS
    • Home Buyers
    • Home Sellers
    • VIP
    • Condos
    • Celebrity
    • Swag
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  • ABOUT
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The Importance of Getting Pre-Approved for Financing

The Importance of Getting Pre-Approved for Financing

By

Erik Brown

Posted in Video Blogs On March 25, 2021

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.

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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About Erik Brown

Erik Brown realtor

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 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, especially when you buy or sell a home in Beverly Hills.

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.

Enter your contact information below and let us know if you’d like a complimentary VIP package sent to you asap.

Erik Brown / DRE: 01958545
Compass
9454 Wilshire Blvd, Beverly Hills, CA 90212
Los Angeles real estate blog

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ERIK BROWN
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Equal Housing Opportunity In Beverly Hills Real Estate
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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, the number of bedrooms, and the school district in property listings should be verified by your own attorney, architect, or zoning expert.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to the accuracy of any description. All measurements and square footage are approximate.

Erik Brown, Realtor, Compass, DRE: 01958545. All Right Reserved

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