preapproval letter: Mortgage Money is Getting Tougher, Get a Good Professional - 08/09/07 05:04 PM
If you are thinking about getting in the market to buyer or sell a home, DON'T WAIT!  The mortgage side of the business is going through some major changes and it is already becoming harder to buy or sell real estate.  Mortgage money is drying up in several segments of the … (21 comments)

preapproval letter: Screening Pre-Approval Letters From the Lenders - 07/22/07 02:38 PM
This is becoming a big problem in my market as I am sure it is in all markets. 
Here is a common scenario:
You receive an offer on one of your listings and it has an attached loan approval letter.  The loan is for 100% financing, the contract is messy, not complete … (30 comments)

 

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