Anyway you cut it, real estate is handled best on the local level. And not just from the real estate professional guiding the process and setting the expectations.
No no, local banking and all the other professionals brought into the real estate fray should always be local. Live in the local communities in Maine we cherish and preserve. From title companies to the repairs done by local tradesmen. Needed for mortgage lending underwriting for the thumbs up, clear to close memo to get circulated. Reach for local folks you know and trust, that are living near the property listings.
We have lots of real estate gypsies darkend our door carrying sweets, fresh baked items to lure a piece of our business their way.
And when they don't have local sticks and bricks they pay property taxes on.
Or don't employ folks who live, work and play in my small Maine hometowns, I smile.
Lick my lips over what they are dropping off for goodies but explain that everything is local. Without talking with my mouth full to be polite.
Besides the chamber of commerce benefits of keeping the money local to circulate six times, the help it gives to the local economy, there are other benefits.
Big time in logistics and running circles around the out of town gypsies that can not match the level of service.
Have two lake homes property listings in Maine being financed through Machias Savings Bank.
That's the bank with the super hospitality suite at the state REALTOR conventions year after year. They have a branch of the bank in Danforth Maine near the properties under contract and waiting for the appraiser's turn your head and cough once over. There is a different appraiser for each and a slight lag in the ink drying for each purchase and sale agreement.
Keeping the local real estate sale alive. To arrive at the property closing on time or at all.
It is so easy to give the key to the local Houlton Maine branch manager who happens to live in Danforth to be the courier for whatever the appraiser needs to gain entry on their time frame, not mine.
Dealing with local players in the real estate game from lending to title and everything in between works best and steps are saved, no delays.
So the Maine lake home key was in the branch hand carried by a bank employee for the to pick up and return for lady appraiser number one.
Who made the quick turn around return for her check list for compliance underwriting for the mortgage approval. And hold the phone, a call comes in from the second appraiser a little later this Monday.
Who could suddenly fit us in, come up tomorrow.
Quick call to the cell, even after five pm and because we all know everyone in small town Maine, and all set for appraisal number two.
In a jiffy.
Keys stay where they are in Danforth Maine and when the branch opens tomorrow, the appraiser can easily grab the lake home keys.
And work this Maine appraisal without a delay into his busy day.
When you live in a rural sparsely populated area in Northern Maine, local lending works best! Here is a list of local lenders in Houlton Maine for banking. Always start and finish with the local, their your new neighbor service provider in Northern Maine.
And one more reason a real estate sale in Maine can fizzle? Die on the operating table? Need a white sheet and toe tag? Read the full article on another big red real estate flag waving that should be noticed up front, before the listing is taken at the kitchen table.