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Update on Blog Entry: It's About Dealing With People Not All About The Money

By
Real Estate Broker/Owner with DDR Realty

Here's an update on Blog Entry: It's About Dealing With People Not All About The Money which was originally written on 07/20/07.

The couple has now established an alternate credit history via utility bills payments, telephone bills payments, insurance payments, and rent payments. And now have been pre-approved for a mortgage amount of $135,000.00.

We have found them a two family home and they have an accepted offer on the property. I do believe this transaction will close within next 60 days. The couple is elated and I am very proud. I have one less loan contact source but I think I have friends for life!

Rosario Lewis
DDR Realty - Newburgh, NY
GRI, SRES - DDR Realty - Orange County, NY
Now, that's thinking outside the box.
Jul 27, 2007 07:42 AM
Joeann Fossland
Advantage Solutions Group - Tucson, AZ
Master Certified Coach to Motivated Agents

That's when clients become

CLIENT's FOR LIFE!!!!! and tell everybody that you ROCK!!!!!

Great job

Jul 27, 2007 07:52 AM
Cseer Davis
Atlanta painters - Lithonia, GA
Great way to build relationships, they'll be a good referal source.
Jul 27, 2007 08:16 AM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection
Greet Job.  Yes ,customer for life is what we all want to have.  The referral will roll in from that type of client.
Jul 27, 2007 01:30 PM
Todd Clark - Retired
eXp Realty LLC - Tigard, OR
Principle Broker Oregon

You are right to take the friendship over the loan source, but I think if you talk to this person and tell them to contact the borrower on a monthly basis and let him help them with the overall credit situation. He will also have a referral source and a refinance in two years. If you play your cards right you won't lose the source at all.

Jul 30, 2007 05:12 PM
Rosario Lewis
DDR Realty - Newburgh, NY
GRI, SRES - DDR Realty - Orange County, NY

This goes to show, where there's a will there's a way.

Jul 31, 2007 12:23 AM
Sarah Eubanks
Hill Valley Financial Services - Oregon City, OR
Preferred Oregon Loan Consultant & Notary Public
Wish I could do loans for you in NY  :-).  I have done the same things with establishing alternative credit and gotten a loan that way.  It is just that it is extra work, so not everyone will do it.  Glad it worked out for you.
Aug 11, 2007 12:23 AM