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Blog :: 09-2011

After more than 25 years of living, working and playing on Cape Cod we have a lot to share about the area.  Our blog topics run the gamut from fun things to do, working with contractors, and homeownership tips and tricks, so check back frequently to see what's new.  If you have questions or would like to learn more about Cape Cod or owning property on this beautiful peninsula please contact us for more information and to set up a showing for any listing. 

Securing Financing for Real Estate

Bank of America Visa Debit

Image by MoneyBlogNewz via Flickr

Community Banks versus National Lenders

Recently, banking industry gnomes come up frequently in casual conversation. Everyone seems to have a horror story about their brother's cousin's friend's mechanic and a banking issue. While many of us have long standing relationships with banks and are are happy with our lenders, an equal number ofus seem to be distressed for one reason or another.

Community banks are often easier to deal with and more accommodating than large nationwide banks.Community banks have a vested interest in their local communities because they generate most of their deposits locally and make most of their loans within the community. Bank officers are typically involved inlocal affairs and activities and are accessible. Also, they know the nuances ofthe areain which they are located.

This can be helpful in dealing with Cape Cod issues such as septic systems, flood zones, water recharge areas and conservation restrictions. Furthermore, the decision making process is often more nimble than large corporate banks can provide.

Ultimately, when securing a loan we recommend thatbuyers explorelocal lenders. Finding the house and negotiating the price is only about 50% of the process. The other 50% is securing a loan and is often the least fun.Give us a whistle and wecan give you some names of goodCape Cod lenders.

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Client Testimonials

We have used the Chatelain "team" for 3 real estate transactions in the past 2 years. They are FULL SERVICE and absolutely the best. Their input in marketing allowed us to increase our revenue from the sale AND do so in under 2 weeks after listing our property! We will absolutely use them in the future and believe their knowledge and professionalism are the best on the Cape.  

Recent Blog Posts

Market Trends and Analysis - Part 3 - 11.02.2017

    Our goal in this series is it to help you understand how we interpret markets on the Cape and how this informs our recommendations when developing pricing strategies.  In this installment we will be evaluating a specific market - single family homes on the water, Barnstable to Orleans [...]

Market Trends and Analysis - Part 2 - 10.26.2017

    Our goal in this series it to help you understand how we interpret markets on the Cape and how this informs our recommendations when developing pricing strategies.  In this installment we will be evaluating a specific market - homes in [...]

Market Trends and Analysis - Part 1 - 10.19.2017

    We always try to understand the real estate market on Cape Cod in a variety of ways and to explain our understanding to our clients.  For the first installment of this series we will be looking at Barnstable County as a whole and explaining an interesting trend that carries over into many [...]

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