New program helps home buyers save tens of thousands of dollars in unnecessary expenses
FOR IMMEDIATE RELEASE
Los Angeles, CA, June 1, 2007 — Realty Counselors Inc., a California real estate and mortgage consulting and brokerage firm, today announced the launch of a new home buyer program expected to send shockwaves through the California residential real estate and mortgage industries.
First to offer wholesale loan pricing to home buyers on a statewide scale
The company is now offering California home buyers substantial savings by providing wholesale loan pricing – with zero broker mark up – when they buy a home through Realty Counselors Inc.
“In a typical $600,000 home purchase transaction in California, the home buyer who obtains conventional financing is expected to pay a markup of anywhere from 1.5% to 3% of the loan amount,” said Armen Gukasyan, President of Realty Counselors Inc. “That translates into $7,200.00 or more. What we’re offering our customers now is the same loan price that brokers and retail lenders get from large wholesale lenders. They don’t have to pay the premium interest rates, loan origination fees, or processing fees that mortgage brokers and retail lenders normally charge for their services.” Jordan Lampos, who works in the mortgage industry himself on the commercial side, has already taken advantage of the new program. “It’s a great way to add value to a transaction,” he said. “And the service is fantastic.”
Too good to be true?
People have asked: “What’s the catch? Why is Realty Counselors willing to help me get my loan at a wholesale price?” Gukasyan’s response is that the commission his company receives from the seller for selling the home is sufficient to remain profitable and still provide a high level of service by top professionals, including in-depth research on neighborhoods, excellent negotiation skills to secure the best price and contract terms, and due diligence on chosen properties to uncover problems that even the current owner may not be aware of.
Supplemental information about this program may be obtained at www.RealtyCounselors.com/rci.doc.
About Realty Counselors Inc.
Realty Counselors Inc. is a full service real estate consulting and brokerage firm. Its services include the purchase and sale of residential and commercial real properties, mediation of disputes involving real properties, consulting services where no property transfer is involved, real estate investment management and due diligence, advice on financing options, the arrangement of creative financing strategies, and the restructuring of real estate loans. Additional information about Realty Counselors Inc. is available at www.RealtyCounselors.com.
- Contact Information
- Armen Gukasyan
- Realty Counselors Inc.
- Contact via E-mail
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