Lisa Larkin is a senior loan officer with Shamrock Financial Corporation working in Boston. NMLS#116396

Every week, we ask a Boston real estate professional for their thoughts on the top three stories from the week before. This week, we spoke with Lisa Larkin, a senior loan officer with Shamrock Financial Corporation. 

Boston Agent (BA): There are very few cash buyers in Boston. Why is financing such a popular option in such a wealthy city?

Lisa Larkin (LL): Interest rates are still reasonably low and prices are increasing therefore it would be advantageous to use financing options that are available. 

BA: What are the big hurdles of working with first-time homebuyers?

LL: The biggest hurdle is telling the buyer they are not ready to buy a home yet. Whether it’s a blemish in credit or being overextended, it is tough to see the disappointment when they have a house already in mind. I want to see everyone own a home. 

BA: How important are your intra-industry relationships, and why?

LL: These relationships are extremely important since we all cross paths with each other in one way or another.  Good working relationships within this industry is vital to success.

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