first time buyers: Buyers, Do Your Financial Homework
- 07/22/10 12:04 PM
The loan approval process has become increasingly difficult in today’s financial real estate market. Banks continue to lose millions of dollars through shorts sales and foreclosures which significantly affects the way they quantify a new buyer. Therefore, the loan process can be a complex and sometimes frustrating process. First, find a direct lender you trust and stay with them. If you are in escrow, you can’t change lenders without jeopardizing the transaction. Buyer contingencies are supposed to be removed in 17 days which means that you should have your full loan approval by then. If you switch lenders, you won’t … (1 comments)
first time buyers: Influence Your Sphere
- 03/23/09 11:40 AM
Influence Your SphereEither you influence those around you positively or you allow their negativity to influence you. There are those that are "glass half-full" people and there are "glass half-empty" people. Funny thing is, they are both right. The glass is both half full AND half empty. Your outlook is your choice....The question is not whether the half empty or half full person is correct, whether the market is getting better or getting worse. The question is how you are going to look at the situation and respond. The only response that uplifts is the positive response. Clinging to doom … (6 comments)
The loan approval process has become increasingly difficult in today’s financial real estate market. Banks continue to lose millions of dollars through shorts sales and foreclosures which significantly affects the way they quantify a new buyer. Therefore, the loan process can be a complex and sometimes frustrating process.
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