first time buyers: A Message to all Loan Officers....when speaking with our mutual Buyers!
- 04/26/11 02:27 PM
Being a Realtor we often have to be all things in a transaction. Today I am asking for a break from all Loan Officers working with Buyers or potential Buyers. When qualifying the client , speak in terms the buyers can understand. Many will not ask questions because they are too embarrassed to appear that they are not getting what you are saying. But most do not understand, how do I know? They call me to break it down in terms they can understand. I know in this industry like most industries we have our own terminology. Sometimes we need to … (3 comments)
first time buyers: Closing This Home is Why I Love Being a Realtor!
- 03/17/11 05:01 PM
I will Close one of the longest and most difficult deals for my buyer who deserves her first home more than anyone I know tomorrow. After fleeing her rental home to protect her teenage daughter from a child molester, to live with her friend, whom she thought was the best until she overstayed her welcome...to the demands of several lenders who denied her time after time(sound familiar). After 6 months, 5 loan officers, numerous delays, including the seller putting the house back on the market, waits for a Down Payment Assistance grant, my client finally closes. We have cried together, I … (50 comments)
first time buyers: R.I.P. Tax Credit....5 Mistakes Buyers Made that made them Miss It!
- 05/02/10 02:54 PM
It is Over! $8000 you will never see if you are a potential home buyer and you did not get a contract in by April 30th. Let's examine some of the reasons. 1. Working with a Part Time Realtor. You chose to work with a part time Realtor who was a friend or a relative that did not show properties to you in a timely manner. You wasted a lot of time waiting for your Realtor friend or relative to have time to show you properties when they got off work from their "other" job and so you missed many great properties..by the time … (0 comments)
first time buyers: You Buy...So Inspect.....You Sell........So Expect....what to get from an home inspector!
- 04/19/10 03:54 PM
You are a Buyer whose excited because you got your contract accepted by the seller and now it is time to get an Home Inspection. OH me, oh my what to expect.........the day arrives and here comes the inspector you hired to tell you all about the home you are about to purchase, and you may be excited and a little anxious as you follow Mr. Inspector around as he looks, pokes, pull out gadgets, waves his magic wand.
You ask questions, he gives answers, you look over the finished report and ponder...What should I do now? You call your … (2 comments)
first time buyers: The FINAL CURTAIN for the Tax Credit..panics the fussy buyers!!!!
- 04/13/10 04:17 PM
The Final Curtain is here for the tax credit and those buyers who have seen every house in their price range, over their price range, underbidding on bank owned properties, taking Realtors to more homes than their file can hold.....are now in panic mode. Missing $8000 because they did not listen to their Realtor or who have watched their friends and family buy homes...who by the way got good deals and wonder why not me?....are now finding themselves in a crunch! What to do, what to do? We hear......"I am not gonna let $8000 cause me to make a poor choice" or … (7 comments)
first time buyers: Common First Time HOme Buyer Mistakes
- 02/04/10 02:36 PM
1. They don't ask enough questions of their lender and end up missing out on the best deal. Some of the questions are: Where is my loan originating from? Who will service the loan? What are the fees? How can I get a lower interest rate? What is private mortgage insurance? What other products do you offer? 2. They don't act quickly enough to make a decision and someone else buys the home. So you have seen 20 homes and you really want the first home you saw...but you are scared to make a decision. What if you find something … (3 comments)
first time buyers: Tell me how you really feel about that buyer that wants to buy a $15,000 home?
- 11/29/09 01:39 PM
You get that email from a buyer who is interested in buying a home for $15,000 or less. They heard somewhere that there were homes out there for that price and they have want to buy one. As a agent, I am sure there are many thoughts that go through your mind.....one thought is "here we go, another misinformed buyer" oh wait...maybe there are $15,000 homes in the area they are interested in.....so what do you do after you ask all the pertinent questions necessary to qualify this buyer as real?????? Do you choose to work with this buyer after you … (3 comments)
Being a Realtor we often have to be all things in a transaction. Today I am asking for a break from all Loan Officers working with Buyers or potential Buyers. When qualifying the client , speak in terms the buyers can understand. Many will not ask questions because they are too embarrassed to appear that they are not getting what you are saying. But most do not understand, how do I know? They call me to break it down in terms they can understand. 
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