I always tell my clients "It's us against the banks!" I'm on your side! I take your story, your hardship, your situation and present it to your bank. This is the beginning of a short sale! Short sales can take 3-6 months, sometimes nine months! Ideally we want this to be shorter, but we're at the mercy of the banks! And they're understaffed and overworked!!!! Keeping you updated with the truth, while you wait! That's what I do! For Banks, it's all about their bottom line. They make … (6 comments)
sellers: DO YOU LOVE IT?
- 09/29/10 05:29 PM
DO YOU LOVE IT? I'm a stickler for "Loving the Home you Purchase"! Others may say, here's 5 houses - Pick one. Or, this is what you have to chose from, just grab one! I'm a firm believer of, if you're going to spend $250,000, $380,000, $500,000, A million on a house, "You Gotta Love it"! I sold this home to a family who did love it! That excited me! And... I represented the seller! In the past 9 months buyers have been trying to get into a home, any home, they just wanted a home. Maybe the $8000 Obama … (9 comments)
For FHA, Loans Mortgage Insurances is needed because down payment is only 3.5%. Therefore the remaining loan requires Mortgage Insurance. Now, some of you are saying, "What is Mortgage Insurance and why do I need it?" "Mortgage insurance, is an insurance policy which compensates lenders or investors for losses due to the default of a mortgage loan. It can be either public or private depending upon the insurer. " What do you need to know? Coming October 4th, Upfront Mortgage Insurance Premiums cost is going DOWN from 2.25% to 1%!!! These are a … (4 comments)
It's us against the Banks when it comes to Short Sales!!!
;)
;)
