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I received a disclosure from an REO agent. requesting my buyers and their lenders to sign. But there's a sentence in the disclosure that I don't feel comfortable w/ this sentence states "1. Executed Contracts- it can take from 1-30 days for seller to execute the contract. Proceed with loan approval process even without signed contract"... Can any lender proceed without an excecuted contract? All in industry say NO but why are REO agents asking for the impossible?

 
Posted by Nina Erbst on 05/21/2010 02:06 PM   Comments (0)  
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How to become a Sales Professional by my friend Zachary Betts
Nina Erbst (Keller William- Victor Valley Market Center)
How does one become a sales professional? People seem to have the notion that a sales person is born that way and it just comes naturally. The reality is that selling is an art or craft. A true sales professional is not getting people to buy what…
Bank of America Is Using "EQUATOR" to initiate a shortsale package
Nina Erbst (Keller William- Victor Valley Market Center)
I have a few short sales through Bank Of America. Some of them with offers processed since June. On December 21st I called to just do a follow up. everything was fine. January I call and now I need to initiate offer throught equator which is or was…
Sold "as-is" is a prohibited disclaimer - sell property "as-disclosed"
Nina Erbst (Keller William- Victor Valley Market Center)
Sold "as-is" is a prohibited disclaimer - sell property "as-disclosed" (taken from my Ethics Book) I'm taking my renewal classes and this is what I find in my Ethics Book, How do I avoid that statement all bank owned properties are sold "AS IS"…
Fake Assesor Letter...Asking Homeowners to pay for property reassement
Nina Erbst (Keller William- Victor Valley Market Center)
Late one afternoon, I get a phone call from my first-time buyer who closed in October of 2008. He says that he received a letter to pay $25 to have his property reassessed. Property purchase was 250, 000 it was valued at 535, 000. I asked him to read…
From a Selling Agent's point of view to An REO Listing Agent's point of view
Nina Erbst (Keller William- Victor Valley Market Center)
Things that use to make me mad… cross-qualifying with Countrywide and Wells Fargo and different bank owned properties. It was really frustrating because by the time I would finaly get my cross- qualification letter the house, we were going to…
Homebuyer Tax Credit Updates
Nina Erbst (Keller William- Victor Valley Market Center)
Congress is nearing a final vote on an economic stimulus package that is expected to include changes to the existing first time home buyer tax credit that was enacted in July of 2008. It is expected that this legislation will be sent to the White…
Swindlers Find Growing Market in Foreclosures
Nina Erbst (Keller William- Victor Valley Market Center)
As home values across the country continue to plummet, the authorities say a new breed of swindler is preying on the tens of thousands of homeowners desperate to avoid foreclosure. Until recently, defrauders tried to bilk homeowners out of the…
 
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Nina Erbst

Victorville, CA

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Keller William- Victor Valley Market Center

Address: 12530 Hesperia Rd Suite 110, Victorville, Ca, 92395

Office Phone: (760) 955-4142 x 141

Cell Phone: (760) 559-3332

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