Real estate blog entries tagged with closing date by Ken Cook, Web Dev, Brand Strategist 678-439-8683

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Home : Blogs : Ken "Yes You Can" Cook : Superior, HandCrafted Web Apps : Tag "closing date"

closing date: Pre-Approval, Approval, Conditional, Cleared - What the ____?! - 10/24/09 01:49 PM

Ancient Mortgage Proverb: No deal is ever 100% certain until the loan is completely paid off.
There exists a chasm in communication, familiarity and point of view between agents and loan officers. Sometimes we try to act like it does not exist and we really wish it was not so. I know this chasm exists, just as you do for many reasons, because I have had real estate agents - very good agents - try to convert to loan officer at my companies and I have seen this chasm immediately appear. Sales are fairly and generally black and white, go or … (67 comments)

closing date: Seven Keys for Faster Closings - 01/31/07 09:18 AM

What we all want is faster closings. The buyer wants that. The seller wants that. All the agents want that. The mortgage originator, their broker and the lender want that. So, let's stop all the finger pointing and take care of business in a flash with a smile.
Here are seven things guaranteed to expedite closings where the mortgage is concerned if needed.
1) Get pre-approved before you start shopping. Making an offer on a property you do not know if you can afford is not even close to wise. If you cannot afford the loan payments buying that property is a … (5 comments)

closing date: Time Limit on Loan Approval on GAR Contract? Okay, go ahead ... - 01/13/07 11:19 AM

OH MY GOODNESS! I spent a full hour typing a beautiful blog posting and got nailed by the world famous Windows blue screen of death. Gone, poof. Just like a bad loan at the 11th hour. I did all that work and got nothing from it. Just like a bad loan at the 11th hour.This originally started as a comment to Tim Maitski: On "New Georgia Contracts. Lenders Will Need to be Quicker"John Adam's show but grew into a post of its own. I hope I can remember what I had typed because it was gooooooood. Even though I was interrupted … (10 comments)

closing date: Only 10 Banking Days Left 'til Christmas - Can It Still Close? - 12/10/06 05:20 PM

While you are here - register for the $2,500 Lowe's Gift Card!
If it's in the pipeline it can still close but what if it's not? What if the offer is being accepted Monday ... or Tuesday? Get your documents ready! Regardless of where you are closing and who your lender is there are many documents you may need.
Most importantly don't leave yourself or your client in a situation where there will be a per diam penalty for not closing or the old "five other closings are contingent on this one and twelve families with children are living in U-Haul trucks" scenario.
In … (1 comments)

closing date: Five Keys to Quick Closings from the Lender's View - 12/10/06 04:25 PM

So the offer has been accepted and the closing date is 27 days away. Seems like amptle time, right?
Depends
If you want that file to close on time there are FIVE KEYS to drill into the borrower that will help regardless of the lender. You see without the FIVE KEYS there is no lender who can be guaranteed to close the best loan on time.
The mortgage broker in most cases will take care of ordering title, ordering insurance, ordering the appraisal, and scheduling the closing but there are certain things a buyer or real estate agent can do to expidite and if … (15 comments)

closing date: When can we close? - 07/24/06 06:34 PM

Sounds easy to ask, doesn't it? "When can we close?"Sure, everyone would like to hear, "Oh, just whenever you're ready!"The truth? Whether you are a real estate investor looking for a mortgage for acquisition, rehab or construction or you are a homeowner just looking to purchase a home there are a couple of points you need to be aware of when it comes to closing speed and dates for any mortgage loan.Closings are not demandable even by your real estate agent - a common fallicy among inexperienced agents. Many moving parts are involved in closing on a purchase or a refinance. … (1 comments)

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Ken "Yes You Can" Cook

Marietta, GA

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Ken Cook, Web Dev, Brand Strategist 678-439-8683

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