Harb & Co Real Estate Wrap Up August 2013: I was hoping for one quick mini vacation before my daughter starts her new job, but it looks like my husband George will be taking a boys’ fishing trip to Cabo…. Someone needs to watch the dogs, and it appears that’s me. Perhaps there’s time for a quick trip to San Francisco….
In the meantime:
3351 Coy Drive
The buyer has removed their investigative contingency (inspection), made no concessions, and approved their loan. We are moving towards closing.
1127 Eilinita Ave
The buyer has removed their investigative contingency (inspection) with no concessions. The buyer originally applied to Capital One. As the listing agent, I must follow up on the lender’s progress. I phoned Capital One.
Phyllis: Hi, I am Phyllis Harb, the listing agent for the home located at 1127 Eilinita Ave.. Have you received a copy of the purchase contract? Do you need escrow contact info?
Capital One: We can’t tell you that, it’s private information. We only deal with the buyer.
Phyllis: Okay, when you want to get into the home for the appraisal, do you contact me?
Capital One: No, we contact the buyer.
Phyllis: But the buyer doesn’t have access to the home.
Capital One: Uhhhhh
Phyllis: Do you have the escrow’s information?
Capital One: We can’t tell you that, it’s private information. We only deal with the buyer.
Phyllis: Okay, I got it. Let me give you the escrow information. You don’t need to tell me if you have it or not; I will just give it to you.
Capital One: Okay
Once my Capital One phone call was completed, I called the buyer’s Realtor, who, lucky for me, is very professional. I explained to him that I was concerned about Capital One. The buyer immediately made a second application with Daniel Arias from Wells Fargo. We are meeting the Wells Fargo appraisal today. I still haven’t heard any more from Capital One.
Home buyers, it really, really, makes a considerable difference which lender you use.
7207 Flora Morgan
It will be coming on the market next month. If you know anyone looking for a home and guest house with complete privacy, let me know.
Confidentiality rules can be very sticky/tricky to deal with. Happens all the time when trying to handle medical issues for family members. Many times i just call back later, get a different person on the line willing to help. I just had this issue with spectrum cable of all things while trying to help my mom. Cable confidentiality????