Blog Stories Going Local Matters - Getting it done in NoPo.

Going Local Matters – Getting it done in NoPo.

By Virginia Barden, October 16, 2019

Pivoting Successfully When Things Don’t Go As Planned + Why Local Relationships Matter

The process of working through the transaction on this newly constructed home with a cute 1br ADU in North Portland was going pretty swimmingly until it was time for the lender to facilitate getting the appraisal done for the buyer’s mortgage. The market in Portland proper has stayed pretty hot into October this year and appraisers were becoming incredibly backed up.

Working hard for my buyer to put the pressure on their chosen lender to rush the appraisal and keep the timing commitments to close per the contract was very important and increasingly difficult.

It became clear about 2 weeks prior to the origional closing date that the lender realized they could not meet the closing dates. The wholesale lender out of Southern California then went silent on all of us trying to keep the transaction from falling apart, here in Portland. It was a shock to us, including my buyer client, that had worked with them many times before.

This is when I turned to Steph Noble, one of the very best Mortgage Consultants in Portland, to see if they could back up the buyer’s file, get him approved financing and get the deal closed close to on-time. I don’t recommend changing the lender during a transaction and is a condition that has to be approved by the Seller. However, in this instance, Steph and her team came in 2 weeks late to the transaction and were still able to get the buyer’s financing in place with only a 6-day extension to the closing date. If you want to know how she did it, give her a ring! I can’t give away her secret sauce but, what I can say though, is that local relationships matter so much in making real estate work. I always recommend local lenders for the best service.

I’m so thankful to be IN GOOD COMPANY with the best- thanks Steph + team! We, literally, could not have done this without you.

Virginia Barden


Grounded in personalized service and thoughtful communication, Virginia leverages her experience with high-pressure real estate investment environments to achieve exceptional outcomes for her clients. Virginia creates calm from chaos and loves adapting these tools to her clients’ benefit. In addition to her years in real estate, Virginia holds a Bachelor of Sociology Degree and a Certificate of Organic Master Gardening from Portland State University. She is a member of the Portland Metro Association of Realtors, the National Association of Realtors, and a member of the Urban Land Institute. Virginia has earned her Master Negotiation Expert Certification, a designation that arms her with the most effective negotiation techniques and ability to maximize outcomes for her clients. Only 4,000 agents have earned this designation nationwide. When Virginia is not tenaciously advocating for her clients, she is in the kitchen working on recipes that begin with, “Day 1…”, drinking great coffee and hiking Mt. Tabor with her young family and her labradoodle, Polly. Virginia deeply cherishes the trust of her community and she will always have hearts in her eyes for Portland. Follow Virginia on Instagram to get a look behind the scenes.
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