qualifying for a loan: OMG! Ever Been Undermined By An Underwriter? - 05/30/09 01:10 PM
I'm nearly bald from pulling my own hair!
What in the wide wide world of business is going on?  And ... Who died and made them boss?
First we work our buns off finding a house and getting the customers into escrow, next we slug though the negotiations and get an escrow open, then we sweat the inspections and the appraisal!  Almost there ... closing in sight ... then ... out of left field ... here comes the underwriter!
Yesterday, after days in underwriting, we finally got "conditional" approval.  We got Loan approval conditioned on the buyer's employer writing a letter … (14 comments)

qualifying for a loan: How I Came to Grips With An Unprofessional Lender! Or ... An Old Dog Can Learn New Tricks! - 01/25/08 02:09 AM
So ... here's the scenario.  I sold a beautiful home to buyers that were absolutely thrilled with their new purchase.  They decided to finance their purchase with a loan company that they contacted over the internet - a National company but none the less, off the internet.   I recommended three reputable lenders, (one the same company that they elected to use) that I personally know but these borrowers decided to work with a lender who made them promises that they wanted to hear. 
Long story short, when the loan docs arrived at title, they were not what the borrowers believed they … (1 comments)

 
Lisa Wetzel and Jim Valentine have been selling real estate in Northern Nevada over 33 years. They work at RE/MAX Realty Affiliates in Gardnerville, Nevada. All blog entries are based on their combined experience working daily as top producing real estate agents in their market. Feel free to post your questions or comments.


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